Scottish Island hotel brought to market for £2.9m
Also available for sale separately is The Shorehouse, which has 13 self-catering apartments, a reception and a lounge area
The four-star Douglas Hotel located on the Scottish Isle of Arran overlooking Brodick Bay has been placed up for sale off a guide price of £2.9m.
The distinctive red sandstone hotel building offers 21 bedrooms, along with a 50-cover restaurant, a bar and a large outdoor terrace. The current owners have invested £8m in refurbishing the building to an “exceptional” standard.
Included with the hotel is The Bunkhouse staff accommodation, which it describes as a “key selling point for retaining hospitality staff on the Scottish Islands”.
Also available for sale separately is The Shorehouse, which has 13 self-catering apartments, a reception and a lounge area, and is popular with families and groups of friends visiting the Island to explore its long sandy beaches, castles and seafood restaurants.
Kathryn Bennett of CBRE, who is handling the sale, said: “This is an incredible opportunity to secure a beautiful hotel on a prime 1.8 acre site on one of Scotland’s most loved holiday islands, which attracts 400,000 visitors a year.
“The hotel is highly rated by guests, many who return year after year, and the bar and restaurant are very popular with both hotel guests and non-staying guests, accounting for more than 60% of the annual turnover of £2.3m.”
