Retirement puts Perthshire hotel on market
A HOTEL on the banks of Loch Earn in Perthshire has come onto the books of Graham & Sibbald.
Clachan Cottage Hotel in Lochearnhead comprises a terrace of traditional cottages which has been extended over the years to comprise 19 guest bedrooms, a 60-cover bar, 30-cover bistro, a restaurant with capacity for 100 covers and a residents’ lounge. There’s also a private jetty to Loch Earn and moorings.
The hotel is said to benefit from passing trade due to its location in the village, at the junction of the A84 and A85 roads – one of the main routes to Oban from east central Scotland.
Lochearnhead is known for its water sports and the hotel is said to benefit from visitors drawn to the area for its water skiing, kayaking, canoeing, dinghy sailing and diving. The bar and restaurant is also said to benefit from visitors staying at the nearby caravan park and other self-catering accommodation.
Peter Seymour, head of hotel and leisure at Graham & Sibbald, which is marketing Clachan Cottage Hotel for offers in the region of £795,000, said the hotel is “immaculately presented” and accounts show a “strong business with growth potential”.
“Internally the property is presented in excellent ‘boutique’ hotel condition,” he said.
“Since acquiring the property the vendors have thoroughly refurbished and renewed the interior.
“The letting rooms are spacious, with the majority having loch views and all the rooms have modern shower or bathrooms.
“There is ample reception space which can be used for both passing trade or functions with three separate dining areas.”