A hotel owned by the family of one of Scotland’s most famous merchant bankers is being marketed for sale.
The ten-room hotel is among the oldest inns in the “massively popular” tourist area.
Drysdale and Company is marketing the Ardvasar Hotel, or The Inn at Àird a’ Bhàsair, a hotel, pub and restaurant overlooking the Sound of Sleat on the Isle of Skye.
“The Inn at Àird a’ Bhàsair presents a rarely available opportunity to purchase a well-established small hotel on the Isle of Skye”, Drysdale and Company said.
“The availability of the plot of land to the rear presents excellent potential for the addition of further letting accommodation or alternatively a detached residential dwelling house subject to suitable planning consent being granted.
“Skye continues to be a massively popular destination both for international visitors and UK based tourists. Very little capital expenditure is required to the hotel, with a new commercial kitchen having been installed a few years ago.”
The agent added: “The hotel benefits from a tranquil setting overlooking the Sound of Sleat and the title sheet shows that there is a legal burden prohibiting any development on the land immediately to the front of the hotel, so the view will be preserved going forward.”
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The current owner is Lady Lucilla Noble, widow of the late Sir Iain, co-founder of Noble Grossart, who acquired 20,000 acres of the Macdonald estate in Skye in 1972. Sir Iain played a key role in reviving Scotland’s Gaelic heritage and founded the Gaelic College of Sabhal Mor Ostaig on the Isle of Skye in 1973.
The agent continued: “The hotel includes a large dining space accessed directly off the entrance hallway adjacent to the reception.
“Essentially contained within two adjoining rooms, the restaurant can accommodate around 60 covers with a selection of fixed and moveable furniture provided.
“A timber framed corner bar servery is provided which also gives staff access through to the public bar. The public bar is popular with guests and locals and benefits from separate external access to the front elevation of the hotel.”
Drysdale and Company is now marketing the hotel at a reduced price of £745,000, against a previous asking price of £795,000 when the hotel was first marketed last year. The second plot of land remains at a guide price of £80,000.
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