A PROMINENT hotel among golfers visiting Inverness has been put on the market for more than £4 million.
The 79-bedroom Fairways Travelodge is let to the chain on a long-term lease up to February 2030, with the landlord having the option to extend.
Knight Frank has been appointed to handle the sale of the hotel, which is located in front of the popular Fairways Golf Course.
Having been ranked above Montego Bay in Jamaica and Bologna in Italy in a list of the top 15 destinations for European travellers in 2017, Inverness’ tourist industry is in the ascendency and Patrick Ford, partner at Knight Frank, said he expected the property to attract widespread attention.
“Inverness is going through a tourism boom – it’s seldom been a more attractive location for visitors, with so many hotspots on its doorstep,” he said. “It’s relatively rare that a hotel opportunity of this size comes onto the market, with secure long-term income and such an attractive yield. There have only been a dozen or so deals for hotels in the area since 1999.”
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