Fri, 06 Aug 2010 | BUSINESS SALE
The owners of a Highland landmark hotel have put a ‘for sale’ sign up with a price of £825,000, as they prepare to retire.
The Lochalsh hotel, which over looks the sea to Skye from its waterfront position in Kyle of Lockalsh, has several eager potential buyers already.
“There is lots of scope for this business as we continue to see a boom in the number of tourists visiting this area”, said Jeff Collins, of Inverness-based commercial property valuers Allied Souter and Jaffrey.
“The West Highlands is also among the UK’s most exciting destinations for outdoor pursuits, so there’s lots of potential... to advertise to enthusiasts.”
The 47-bedroom hotel was formerly a lodge owned by Sir Alexander Matheson. When the Highland Railway reached Skye in around 1897, Matheson’s son Sir Kenneth sold the lodge on to the London Midland and Scottish Railway Company.
The hotel, known as the Station Hotel, was still using oil lamps and candles in 1930, allegedly. After undergoing expansion, its name was changed during the 1950s. Today its yearly revenue reaches above £500,000.
This opportunity centres around an established UK-based company with a diverse portfolio of heritage brands, catering to both specialist institutional customers and broader consumer markets.
This is a unique opportunity to invest in a well-established UK business poised for expansion into the $20bn US portrait photography market with its high margin, digital data subscription model.
Nestled in a picturesque village on the North Wales/Shropshire border, this charming 16th-century inn offers a unique blend of history and modern luxury, featuring en-suite letting rooms, a spa, and a vibrant restaurant.
FREEHOLD
Looking for more businesses? Try our off-market tool.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.