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Campbeltown hotel with whisky bar changes hands

13 March 2008 by

The two-star Ardshiel hotel, close to the centre of Campbeltown in Argyll & Bute, has been sold.

Campbeltown, at the southern end of the Mull of Kintyre, is famed for its coastal and rural scenery and the nearby Machrahanish links golf course.

The property dates back to 1877 and has served as a hotel for the past 50 years. It attracts trade from locals, golfers, and tourists as well as military and public sector personnel.

Along with 10 en-suite bedrooms to sleep 23, the Ardshiel has a lounge-bar that incorporates a popular whisky bar offering more than 250 brands.

There is also a 44-seat restaurant with a dance floor and French windows to the garden, a function/meeting room for up to 60 guests, and a three-bedroom owners' flat to the rear.

In the year to 31 August 2007, the hotel made a trading profit of £83,400 on a £273,560 turnover (net of VAT). The sales split is led by accommodation (46%), followed by food (37%) and beverages (17%).

New owners Flora Grant and Marion MacKinnon, both have family ties in the area.

The Glasgow office of Colliers Robert Barry sold the freehold off a guide price of £495,000

By Angela Frewin

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