11-bedroom hotel in Argyll is the latest purchase for hotel investor.
Commercial real estate specialists Colliers, along with Christie + Co and joint agents, has sold the Airds Hotel & Restaurant for an undisclosed sum.
The 11-bedroom Airds Hotel & Restaurant in Port Appin is a renowned, luxury, award winning hotel on the picturesque west coast of Scotland. The hotel is in an idyllic location nestled amongst nature and tranquillity boasting spectacular waterfront views of the Morvern mountains.
The country hotel which was previously an 18th century ferry inn, was owned by Shaun and Jenny McKivragan who decided to sell to allow them to retire after 19 years of successfully operating the hotel and creating the destination hotel business so renowned today. The hotel has been purchased by Benjamin Andrews, a Scottish national who has taken over the highly desired establishment.
The highly successful business is popular with tourists of all ages coming to enjoy the Highlands, Loch Linnhe, the Island of Lismore, the Inner Hebrides, and Glencoe Nature Reserve. This spectacular location is an ideal romantic getaway and also appeals to nature lovers, providing an abundance of wildlife, outdoor pursuits, boat trips and endless views.
The fine dining restaurant is also a firm favourite with local residents and is reputed to be one of the best in Scotland, thanks to the wealth of fresh local ingredients, some of the best local seafood as well as the renowned Scottish meat and game. Achievements include 3 AA Rosettes, a continuous presence in the Good Food guide for 43 years, a recommendation in the esteemed Michelin Guide in 2021, and has recently won the Scottish food award ‘Best hotel restaurant (North).
Robert Smithson, Associate Director at Colliers said: “So far this year, we’ve sold over 60 hotel assets, many of which have been quality hotel assets in coastal and country hotels popular with tourists. The sale of the Airds again underlines the popularity in quality hotel assets in beautiful and tourist locations.
“I am thrilled that the Airds has been sold to someone who will continue the legacy of the McKivragans and continue to offer the high levels of quality and service the hotel is famous for which brings customers back to the area year after year. I wish Benjamin the best of luck with his operation of the hotel.”