Achi news desk-
The estate agent said: “The property offers an excellent business opportunity for the right buyer to build on the already stellar reputation and frequent return guests and local trade. The hotel is currently closed and is being sold as seen by the liquidators.”
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Graham + Sibbald added: “The Royal an Lochan hotel is an outstanding 11 bedroom hotel with a large restaurant, lounge and shinty bar situated on the shores of the Kyles of Bute. Situated on a prominent waterfront plot, the hotel is a well-known establishment serving residents and tourists alike.
“This hotel is a real gem offering stunning views and charming architecture. The property appeals to a range of customers whether you want to relax in the lounge by the fire, enjoy dinner with a view over the bay in the restaurant or a cold pint in the historic shinty bar.”
Graham + Sibbald noted that the property also offers a “charming” self-contained house, three bedrooms for owner accommodation, and a two bedroom apartment for staff.
He said: “The property also benefits from a versatile function room which can be used as a private dining area perfect for a more intimate meal or to gather your own group for an event.”
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Graham + Sibbald noted that most of the bedrooms offered “excellent views” over the sea loch. It highlighted a “warm welcoming atmosphere that seamlessly blends traditional features with modern fixtures and fittings”.
The estate agent added: “With a small amount of investment, you can redevelop this hotel into the perfect boutique hotel.”
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Peter Seymour, director at Graham + Sibbald, said: “We were delighted to bring the Royal an Lochan hotel to the market. This excellent hotel has proven to be a key player in Tighnabruaich, attracting large crowds throughout the year. We feel this is a fantastic business opportunity for the right buyer to make the most of the already impressive building, creating a boutique hotel in a destination.”
Graham + Sibbald said it “invited offers of around £495,000 for the freehold interest”.
