'Landmark' hotel for sale | Scottish Licensed Trade News

Scottish Licensed Trade News

BT Sport: It's our biggest season ever

‘Landmark’ hotel for sale

Posted on by in Property

Family business in Banchory new to market

A BANCHORY hotel has been placed on the market after being owned by the same family for more than 50 years.
The Burnett Arms Hotel is being sold by Robert Melvin, who has managed his family’s business for the last 25 years and is said to have “thoroughly enjoyed his time at the helm”.
But he now wishes to retire from the trade to concentrate on other interests, and spend more time with his family.
The hotel is said to have undergone substantial refurbishment in recent years, most notably to the 18 en suite letting bedrooms, which have been “comprehensively upgraded”.
Additionally, The Bus Stop – an American-style diner – has been created in the former public bar, which was completed within the last year.

The Burnett Arms Hotel is something of an institution within Banchory.

The hotel also comprises a lounge bar, dining room, reception area, a function room with capacity for 150 people, a residents’ lounge and conference room.
There is also staff accommodation on the first floor which extends to four rooms, and could be used as owner’s accommodation instead.
Douglas Lambie, licensed trade associate at property firm Ryden, who is handling the sale, said: “The Burnett Arms Hotel is something of an institution within Banchory and we are delighted to be appointed to find new owners to help write the next chapter in the property’s story.
“This is an excellent opportunity for new owners to maximise profitability whilst requiring minimal capital expenditure.”

Share this SLTN article