Highland hotels seek new owners | Scottish Licensed Trade News

Scottish Licensed Trade News

Highland hotels seek new owners

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THE collapse of a long-established hotel operator in the Scottish Highlands has brought two hotels to the market.

The Tyndrum Lodge in Tyndrum, Crianlarich, and the Taynuilt Hotel in Argyll and Bute have been run by Glenorchy Lodge Hotels Ltd for more than 20 years.
Both properties have been placed on the market on behalf of administrators RSM Tenon.
Property consultancy Christie & Co has set an asking price of £650,000 for the freehold of the Tyndrum Lodge and is looking for £450,000 for the Taynuilt Hotel.
Tyndrum Lodge, a roadside hotel situated just off the A82, has 22 letting bedrooms as well as a bar/restaurant, Paddy’s Bar & Grill, which caters for guests as well as passing trade.
Ideally suited for walkers on the West Highland Way, the restaurant currently serves local Scottish produce, including fresh meat, game and fish as well as a selection of malt whiskies from local distilleries.
The Taynuilt Hotel, meanwhile, is a 16th century coaching inn with 12 en suite bedrooms, two bars and restaurants. It occupies what is described as a prominent roadside position on the busy A85 Crianlarich to Oban road and, according to Christie & Co, attracts a range of clientele, from hill walkers to fishing enthusiasts to golfers visiting the nearby courses.
“The hotels have undergone major refurbishment during the time they were run by Glenorchy Hotels Ltd,” said Brian Sheldon of Christie & Co, who is co-ordinating the sale of both hotels.
“They have developed much repeat business and attract all-year-round trade, thanks to their excellent trading positions. The two hotels continue to trade throughout this process and we anticipate a good level of interest in either, or both, from prospective purchasers.”

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