Global commercial property agent CBRE has been appointed to market the Douglas Hotel in Brodick.
The four-star business, which was named ‘Scotland’s best boutique hotel in 2022’, is on the market with CBRE at a new price of £2.9 million.
The distinctive red sandstone building offers 21 bedrooms, a 50-cover restaurant, a bar and a large outdoor terrace.
The Bunkhouse, which provides accommodation for the hotel’s staff, is also included in the sale of the property and is seen as key for retaining hospitality staff on the island.
Built in 1782, the hotel has a rich history. Originally, it provided accommodation for acquaintances of the Duke of Hamilton, the laird of Brodick Castle, and later it was the base for prospective submarine commanding officers while completing their training on the Royal Navy’s Perisher Course.
It later became the local doctor’s home and medical practice up until 1852, when it was converted into a hotel.
The Shorehouse, a separate accommodation entity offering 13 self-catering apartments, a reception and a lounge area, is also available for sale. It’s a popular spot for families and groups of friends who are visiting the island and looking for a good base to explore from.
Kathryn Bennett of CBRE, which is handling the sale, said: “This is an incredible opportunity to secure a beautiful hotel on a prime 1.8 acre site on one of Scotland’s most loved holiday islands, which attracts 400,000 visitors a year.
“The hotel is highly rated by guests, many who return year after year, and the bar and restaurant are very popular with both hotel guests and non-staying guests, accounting for more than 60 per cent of the annual turnover of £2.3 million.”
CBRE is a global retail and investment specialist which operates more than 500 offices in more than 100 countries and employs over 13,000 staff.
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