ON THE MARKET

THERE ARE GREAT OPPORTUNITIES OUT THERE FOR HOTELIERS LOOKING TO GROW THE PORTFOLIO AND FOR MANAGERS LOOKING TO TAKE ON THEIR OWN PROPERTY. WE HIGHLIGHT A FEW OF THE CURRENT HOTELS ON THE MARKET.

Philipburn Hotel Selkirk

Philipburn Hotel on the outskirts of Selkirk has been brought to the market with Graham and Sibbald, acting jointly with Smith and Clough Business Associates to sell the hotel which has been owned by Ian and Marie Wells for the past 16 years.

The hotel is for sale for offers over £1.35m and that will get the new buyer 20 letting bedrooms and a range of bar, restaurant, meeting and function facilities, as well as gardens, seating terrace and an open-air pavilion for wedding ceremonies.There are also three double-bedroom apartments for private or staff accommodation.

The Philipburn Hotel is part of the Best Western Group Signature Collection Brand, and was recently awarded, by Best Western, the Brand Ambassador Award for 2022.

The property is offered for sale to “facilitate their retirement from the trade”, the agent said.

Alistair Letham, of Graham and Sibbald, said, “The Philipburn Hotel is a most attractive property with which I have had the pleasure of being associated with for some 30-plus years.”

Graeme Smith, a director with Smith and Clough, said, “We are delighted to be working alongside Graham and Sibbald on the sale of this award-winning hotel.”

Doune Braes Hotel Isle Of Lewis

CCL property have brought Doune Braes Hotel, in Carloway, Isle of Lewis to market at offer over £495,000. Carloway is 23 miles west of Stornoway and is within minutes of picturesque beaches, excellent fly fishing and archaeological sites – it is the closest hotel to the Callanish standing stones.

This well-established hotel offers 15 en-suite letting rooms, together with its own lochan that fronts the hotel and which offers guests unlimited trout fishing. Fully licensed, it also has a spacious restaurant and bar and, owners accommodation.

The Havelock Nairn

The Havelock a prestigious detached Victorian property, located close to the centre of the popular seaside town of Nairn is on the market for offers around £949,000. .

It was purchased by the current owners seven years ago and has undergone some significant upgrades to create a “very successful operation”.

The 5 -bed hotel operates as a pub with rooms, and has strong reputation for good food and entertainment which trades throughout the year, with. According the selling agents ASG Commercial, it generates excellent profitability and turnover. The property includes a beer garden as well as owners/staff accommodation.

The Abbotsford Ayr

The Abbotsford in Ayr, a 14-bedroom hotel situated in a peaceful residential area of Ayr is now for sale. It was opened in 1966 and has been in the same family ever since.

All the guests rooms are en-suite guest rooms and the property benefits from a reputable restaurant renowned for its Scottish style of cooking, a bar, sports lounge and large function room accommodating upwards of 120 guests, and a beer garden. It is being marketed by Bruce & Co for £1,050,000.