Speyside business attracts broad clientele, agent says
A SPEYSIDE hotel in the heart of the malt whisky trail has come onto the market.
The Archiestown Hotel, in the village of the same name, is close to a host of distilleries, including Aberlour, Benromach, Cardhu, Glenfiddich, Glenfarclas and Strathisla.
Set in its own grounds overlooking the village square, the hotel has nine en suite letting bedrooms and a further two rooms which are currently used as owner’s accommodation but could be converted back to letting.
The business is in walk-in condition and trades from a mix of accommodation, food and wet sales.
The restaurant majors in local produce, has one AA rosette and is listed in the Good Food Guide.
Included in the sale is a separate two-bedroom converted steading, which could be used as owner’s or self-catering letting accommodation; there is also planning permission to build a further three en suite bedrooms on the ground floor and a one-bedroom flat.
Both the hotel and the restaurant are said to enjoy strong repeat trade, drawing business from locals and visitors to the area, including outdoor enthusiasts, fishermen and golfers as well as whisky enthusiasts.
Andrew Dodd, group operations director for Bruce & Co, said: “Archiestown Hotel is a thriving business that is for sale only due to the current owner’s retirement from the hotel trade.
“The business is offered in true walk-in condition and trades throughout the year from a good mix of accommodation, food and wet sales.
“Although the hotel is trading successfully, it still has potential to grow income further and to expand the property, building on the business’s current reputation and success.”
Offers in the region of £750,000 are sought for the Archiestown Hotel.
Images – The nine-bedroom hotel is located in the heart of the village overlooking the square.