UK-based business property adviser Christie & Co has listed the Loch Kinord Hotel in Aberdeenshire for sale at a guide price of £1.25m ($1.57m) for the freehold interest.
The hotel, which has been owned by the same family for the past 26 years, is now being sold as the owners intend to shift their focus to other interests.
Situated in Dinnet, Loch Kinord Hotel is said to be a ‘profitable’ establishment adjacent to the Muir of Dinnet Nature Reserve.
It is five miles from Ballater and Aboyne and within a 30-minute drive from Balmoral Castle and Crathie Church.
Aberdeen and Aberdeen Dyce Airport are both approximately an hour away.
Loch Kinord Hotel has a total of 21 boutique ensuite bedrooms, a function room, as well as a restaurant and bar area, complete with three-bed staff accommodation.
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By GlobalDataThe property is equipped to host small weddings, family reunions, corporate events, and social gatherings, offering intimate and elegant meeting and event spaces in Royal Deeside.
Additionally, it benefits from eight self-catering lodges, which are available separately.
Commenting on the latest announcement, Christie & Co hotel director Gary Witham, who is handling the sale, said: “After 26 years of stewardship, the family have decided to sell to focus on other business interests and let a new buyer take forward this well-invested, profitable boutique hotel in the heart of Royal Deeside.”
In April this year, Christie & Co, on behalf of Coast & Country Hotels, facilitated the sale of two properties, The Royal Hotel Whitby in North Yorkshire and The Majestic Hotel in Eastbourne, UK.