Isle of Arran hotel changes hands

30 May 2008 by
Isle of Arran hotel changes hands

The Glenisle hotel in the seaside village of Lamlash on the Isle of Arran has changed hands.

The new owners of the three-star hotel are Timothy Billings and Geoffery Dallamore from London

The hotel, which has a prominent roadside position and views across Lamlash Bay, offers 13 en-suite bedrooms to sleep 29, a 30-seat lounge bar, and a 32-seat restaurant.

To the rear is a double-bedroom cottage with a private front lawn and parking for the owners. A rear extension to the hotel also houses three bedrooms, a lounge and a bathroom for staff.

A beer garden and patio are located on the west side of the hotel.

Glenisle achieved an anticipated net turnover of around £300,000 for a nine-month trading period in the year to 31 March 2008.

The Glasgow office of Colliers Robert Barry sold the freehold off an asking price in excess of £595,000

By Angela Frewin

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