Hotel sales offer room for growth

Established accommodation businesses hit market

Both the Kinlochewe Hotel in Wester Ross (above) and the Station Hotel in Larbert are on the market due to retirements.

HOTELS in Wester Ross and Larbert and a guest house in Innerleithen are among the properties currently being marketed by Drysdale & Company.

Located in what’s described as a “truly spectacular natural environment” at the southern end of Loch Maree with views of Beinn Eighe, the Kinlochewe Hotel, in the Wester Ross village of Kinlochewe, has nine en suite letting rooms and a bunkhouse that can sleep 12; there’s also a separate owner’s apartment.

The hotel is being sold by David and Karen Twist, who have operated the business for the past five years and are now planning to retire. The hotel is being marketed with a price tag of offers over £450,000.

Retirement has also prompted the sale of the Station Hotel in Larbert near Falkirk.

The property, which is on the market for the first time in 20 years, comprises a lounge/function room and a bar/restaurant with fully-fitted commercial kitchen.

The selling agent said the hotel’s bedrooms are “somewhat under-utilised” and present an opportunity to add “a significant income stream to the existing business”.

Stuart Drysdale of Drysdale & Company said the hotel “is an institution within Larbert, presenting an excellent opportunity as a business for either an owner/operator or to be purchased and managed by a multiple site operator”.

The hotel has a guide price of £775,000.

And in the Borders, the Caddon View guest house in Innerleithen is being marketed on behalf of Steve and Lisa Davies, who have owned the business for the past 15 years and are now seeking to semi-retire.

The guest house has a licensed café, Café Sitooterie, with an outdoor seating area and eight en suite letting rooms; there’s also a detached three-bedroom owner’s house.

Offers over £795,000 are being sought for the Caddon View guest house.

Both the Kinlochewe Hotel in Wester Ross and the Station Hotel in Larbert (above) are on the market due to retirements.