Hotel and brewery business at Loch Earn up for sale
ARRAN Brewery is selling the mainland hotel it acquired in 2013.
The Loch Earn Hotel & Brewery in the Perthshire village of St Fillans sits on the banks of Loch Earn with direct loch access, ten moorings, three piers and a private slipway.
The main building – a large C-listed Victorian property – comprises 38 letting bedrooms, along with three separate bar and restaurant areas, including a loch-side beer garden. There’s also owner’s accommodation.
The site also has a number of outbuildings which include the brewery, which has the capacity for 3500L per day, and a cider shack, which can produce 1000 litres of cider.
Gerald Michaluk, managing director of Brodick-based Arran Brewery, said he has put the hotel and brewery on the market “with a heavy heart”.
Tony Spence, business agent at Christie & Co, which is marketing the business with an asking price of £775,000 for the freehold, said: “This sale presents a fantastic opportunity to acquire a large hotel which sits on the banks of Loch Earn and offers prospects for further development, as the property is in need of an extensive refurbishment.
“The business has been in our client’s hands since 2013 and has proved popular with tourists as well as people passing through the village. Yet to date, it has traded to limited capacity, opening for cafe and public bar service only, as the current owners are presently focusing on other business interests.”
Further north, the Star Hotel in Kingussie is also being marketed by Christie & Co.
The hotel as 35 en suite letting bedrooms along with a large lounge and bar area and function space.
Spence at Christie & Co, who is handling the sale of the Star Hotel from a guide price of £425,000 for the freehold, said the hotel’s central location makes it the “ideal base to explore all the Highlands has to offer”.
“The sale of the Star Hotel offers the discerning purchaser a unique opportunity to acquire a small hotel situated in a lively town which attracts a range of guests,” he said.
“Most of the business is derived through booking.com and hotels.com, and it is ideally placed for an experienced operator looking to develop a solid business further.”