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."

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