Perthshire hotel on the banks of Loch Earn changes hands
A PERTHSHIRE hotel on the water’s edge has changed hands in a deal brokered by Graham & Sibbald.
Located in the village of Lochearnhead, Clachan Cottage Hotel was acquired by Alisdair and Hannah Semple from Alan Garnier, who has owned and operated a number of hotels in Perthshire and now plans to retire.
Originally converted from a terrace of cottages, Clachan Cottage Hotel has been extended down the years and is now said to offer “boutique-style” accommodation across 19 letting rooms.
The hotel also has a spacious bar, lounge, bistro restaurant and a dining/function room.
There is also an outdoor terrace at the front of the hotel and access, via a private jetty, to Loch Earn along with 15 boat moorings and fishing rights.
Clachan Cottage 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. It also attracts visitors drawn to the area for its watersports.
Alistair Letham of Graham & Sibbald, who handled the sale, said the Semples, who already have a base in Lochearnhead, plan to further develop the business.
“The sale of the Clachan Cottage Hotel, with the marketing commencing in the COVID lockdown period, signals there remains good demand for attractive properties and businesses, of appeal to family proprietors,” he said.
“Clachan Cottage, with its wonderful waterside location in a beautiful part of Scotland and Perthshire, proved of appeal to the market and offered an excellent opportunity to new owners seeking a wonderful lifestyle and recognised a hotel business with the possibility to further develop the trade.”
The sale price was not disclosed but Graham & Sibbald said it was close to the asking price of offers around £795,000.