Chance to build on hotel’s “excellent reputation”
A FOUR-star hotel on Argyll’s ‘secret coast’, which was once a hunting lodge for the Marquis of Bute, has come onto the books of property firm Smith & Clough.
The Colintraive Hotel in the village of Colintraive is said to benefit from “outstanding sea views” over the Kyles of Bute and an excellent reputation, having been owned by the same family for 15 years.
The property comprises four en suite letting rooms, a gastropub, snug, 24-cover restaurant and three-bedroom owner’s accommodation as well as two en suite staff rooms in a detached building to the rear of the hotel.
Also included in the sale is the village post office and shop, which opens from 9am to 12 noon at present, providing what is described as a “much needed service to the village”, and five moorings.
The closest town is a twenty mile drive away in Dunoon, whilst the local ferry terminal to Rhubadoch on Bute is a two minute walk from the property.
Graeme Smith, director of Smith & Clough, said: “The business has built up an excellent reputation and now trades with a four-star accolade from VisitScotland.
“Its close proximity to the Isle of Bute CalMac ferry terminal makes the hotel an ideal base from which to explore the Cowal Peninsula and Bute, whilst offering an excellent business opportunity for a chef or a family-run operation.
“A viewing is essential to fully appreciate the views, property and potential on offer.”
The freehold of the Colintraive Hotel is on the market for offers over £475,000.