Scope to develop self-catering arm of south west business
PROPERTY agent Bruce & Co is anticipating a high level of interest in a Galloway hotel and golf course business that’s just come on to the market.
Located six miles from Stranraer on the outskirts of Portpatrick, The Lagganmore Hotel and Golf Course has a price tag of £1.25 million.
The hotel, which overlooks the 18-hole golf course, occupies a former farmhouse that’s said to date from the 1700s. It comprises nine en suite letting bedrooms, a 200-capacity function room, a separate bar and three self-catering cottages.
The golf course was built 11 years ago and is said to incorporate the natural features of the land with views of Dunskey Castle and the Irish Sea. There’s also a plot of land, with planning permission for a further 50 chalets, for sale separately at £500,000.
Bruce & Co’s Ewan Scobie said there’s “huge potential” to expand the current business model at Lagganmore.
“The self-catering cottages, for example, are currently used as overflow for the hotel and staff accommodation but would be ideal to promote independently as rural holiday accommodation,” he said.
“There exists huge scope to increase income substantially through additional marketing, benefiting from the regular local and significant tourist trade, which includes day-trippers, coaching parties and the shooting/golfing fraternity.”
Bruce & Co is also marketing the Blue Moon Café bar/bistro and American-style burger joint Hamburger Heaven in Edinburgh.
Blue Moon comes with a currently unused bar in the basement of the property.
“This is an exciting opportunity for a new vendor looking for a powerful brand with further potential to be realised,” said Bruce & Co’s Jonathan Marr.