News > Business

Scottish Highlands hotels up for sale

By Luke Nicholls , 21-Oct-2011

Related topics: Business, Venues, Hotels

Two Scottish Highlands hotels under the Glenorchy Lodge Hotels portfolio have been put up for sale on the instruction of administrators.

The area surrounding Taynuilt Hotel benefits from sea and river fishing, hill walking in The Munros and professional golf courses

The area surrounding Taynuilt Hotel benefits from sea and river fishing, hill walking in The Munros and professional golf courses

The two hotels – Tyndrum Lodge in Tyndrum and Taynuilt Hotel in Argyll and Bute – were run for over 20 years by Glenrchy Lodge and are available together or individually.

Brian Sheldon of Christie + Co, who is co-ordinating the sale of the two hotels, said: “The hotels have undergone major refurbishment during the time they were run by Glenorchy Hotels. They have developed much repeat business and attract all-year-round trade, thanks to their excellent trading positions.”

Tourist hotspots

Tyndrum Lodge is a 22-bedroom lodge-style hotel in a roadside setting on the A82 tourist route. The hotel’s Paddy’s Bar & Grill is a common stop-off for walkers. The freehold to Tyndrum Lodge is being offered at a guide price of £650,000.

Taynuilt Hotel (pictured) is a 16th Century coaching inn with 12 en-suite bedrooms and two bars and restaurants. It is situated on the A85 – a busy tourist route in Scotland. The freehold to Taynuilt Hotel is being offered at a guide price of £450,000.

“The two hotels continue to trade throughout this process,” added Sheldon. “We anticipate a good level of interest in either, or both, from prospective purchasers.”

Glenorchy Lodge Hotels is owned and managed by the Whyte family, with over 20 years experience. The two hotels are being sold under the instruction of administrators RSM Tenon. The only other hotel in their portfolio, Glenorchy Lodge Hotel, will continue to run as normal.

BigHighlights

Top 10 things to do and see at Hotelympia 2014

Top 10 things to do and see at Hotelympia 2014

Hotelympia is fast approaching and the hospitality industry getting ready to descend on the ExCel centre in...

Roux Scholarship 2014: In Pictures

Roux Scholarship 2014: In Pictures

Tom Barnes, sous chef at Simon Rogan’s two-Michelin-starred L’Enclume in Cartmel, has won the 2014 Roux Scholarship....

National Restaurateurs’ Dinner 2014: in pictures

National Restaurateurs’ Dinner 2014: in pictures

The 27th National Restaurateurs’ Dinner (NRD) took place at the Dorchester on Tuesday, helping raise over £80,000 for...

Travellers’ Choice: Top 10 UK tourism hotspots

Travellers’ Choice: Top 10 UK tourism hotspots

London is the third-best travel destination in the world, according to TripAdvisor’s sixth annual Travellers’ Choice awards...

#AskMark: Our inspiring Twitter Q&A with Mark Sargeant reviewed

#AskMark: Our inspiring Twitter Q&A with Mark Sargeant reviewed

Whether it was his advice for young chefs, his memories of working with Gordon Ramsay or his...

Business Profile: Ping Pong

Business Profile: Ping Pong

Ping Pong’s change-of-location strategy and design brief move it a step closer to bringing dim sum to...

Find us on Facebook

Digital Edition - Restaurant Magazine

Access to the Restaurant Magazine digital edition