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4-star boutique hotel

Scotland, United KingdomUnlock address

62%

Offers invited

Hotels & Resorts

#34646

Core+

10 Jun 2024

Property Details

Broker

For sale

21

Freehold

restaurant, bar outdoor terrace

X

Fees

0.00 %

0.50 %

0.50 %

0.40 %

Investment Overview

High performing 4 star Boutique Hotel with 21 luxurious bedrooms located on the ever-popular Isle of Arran. Refurbished to an extremely high standard at a cost of approximately £8m. The Hotel has previously been awarded “The Scottish Boutique Hotel of the Years 2020” and was “highly recommended” at the 2023 Prestige Hotel Awards. The Hotel is conveniently located overlooking Brodick Bay with easy access to the ferry terminal generating significant passing trade, particularly for the F&B services. Extensive F&B offering with a 50 cover restaurant, 60-seater bar and large outdoor terrace that accounts for over 60% of turnover. The restaurant and bar are popular with both hotel guests and visitors and generates significant business for the hotel, whilst providing a strong income stream from locals during the offseason. Heritable (Scottish equivalent of Freehold). The opportunity includes the Shorehouse, a 13 bedroom selfcatering property suitable for the more budget conscious traveller, also available via separate negotiation. The Hotel is inclusive of staff accommodation in The Bunkhouse, a key selling point for retaining hospitality staff on the Scottish Islands