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Hotel in Scottish Highlands on market for £4.5m

08 October 2015 by
Hotel in Scottish Highlands on market for £4.5m

A 63-bedroom baronial hotel in Nairn in the Scottish Highlands has been put up for sale for £4.5m.

Located within a 21-acre estate, the Newton hotel, which dates back to 1872, has been extensively extended in recent years with the addition of extra bedrooms and eight conference rooms. It also has a restaurant, bistro, bar and lounges.

The hotel was owned by London and Edinburgh Inns until it was sold in 2005 to a London-based investment and property company. It is currently managed by Bespoke Hotels.

Charlie Chaplin was reportedly a regular guest at the hotel in his later years.

Alistair Letham, a director in the UK hotels agency team at Colliers International, said: "The Newton Hotel has been well established for many years on the Inverness and Moray Coast area as a popular destination for weddings, conferences and banqueting, as well as traditional leisure and other commercial business.

"It is trading at a steady level of turnover and good levels of profit. The Newton hotel should be an exciting prospect for experienced hoteliers or for small groups looking to build their portfolio."

London and Edinburgh Inns buys three Highland hotels >> Looking for a job? See all the current hotel vacancies available with The Caterer Jobs >>

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