The Novar Arms Hotel’s freehold brought to market for £650k
Features of the hotel include a bar and restaurant area on the ground floor, as well as 22 ensuite bedrooms
The Novar Arms, which is located in the rural village of Evanton, Dingwall, has brought to market the freehold going concern for an asking price of £649,500.
The Scottish Highland venue is a favourite spot amongst the local community, while also benefiting from year-round tourists travelling through the North Coast 500.
The Victorian property has received extensive modern extensions and refurbishment, whilst retaining its historic character and “feature property” status within the village.
Features of the hotel include a bar and restaurant area on the ground floor, as well as 22 ensuite bedrooms. It also comes with owners’ accommodation consisting of a lounge, bedroom and bathroom.
The hotel is open all year round benefiting from the travelling workforce from Invergordon and Nigg, while the bar and restaurant has a healthy turnover throughout the whole year from the local community through functions and special events.
Simon Watson, business agent at Christie and Co, said: “This is a fantastic opportunity to acquire a well performing hotel business in walk-in condition due to the current owner’s efforts to maintain the property.”
