An investor has acquired a second hotel in the same Scottish village in the space of a year.
Agent Graham and Sibbald said that parts of the Buchanan Arms Hotel and Spa, in the village of Drymen near Loch Lomond, date from its coaching inn origins in the 19th century.
The overseas-based former owners were private investors and the hotel was acquired by UK private investors, who also acquired the Winnock Hotel, Drymen in 2022.
READ MORE: Scottish hotel dating from 1700s sold
Both Drymen hotels will be managed and operated by New World Hospitality.
The 52-bedroom hotel now consists of a variety of accommodations including lounge bar, restaurants and conference/function rooms.
READ MORE: Family sells historic Scottish hotel on market at £2.5 million
Spa facilities include swimming pool, sauna, jacuzzi, gym, squash courts and treatment rooms.
Alistair Letham, a hotel consultant with Graham and Sibbald, said: “The Buchanan Arms Hotel has been a popular leisure venue and destination for many years, located in this attractive area close to Loch Lomond to the north of Glasgow."
READ MORE: New luxury hotel brand arrives in UK
He added: "The range of facilities and the useful garden area will give the new owners significant scope to expand and develop the business at the Buchanan.
"Plus of course coupled with their other hotel in Drymen.”
The purchase price in the off-market deal was not disclosed.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel