A COUNTRY house hotel on the outskirts of Perth has been put up for sale with a price-tag of £3.25 million.

The 34-bedroom Leonardo Boutique Hotel Huntingtower, built in Tudor style, is a wedding venue and also generates significant revenues from meetings and events. It sits in five acres of grounds.

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Colliers International is acting for the hotel’s owner, described by the property agent as a “corporate group with a large portfolio”.

Leonardo Hotels bought the Huntingtower, Edinburgh City, Edinburgh Capital, and Glasgow Pond hotels, and the Speedbird Inn at Aberdeen International Airport in 2017 from a group involving industry veterans Colin Paton and Jack Brown. Leonardo is the European division of the Fattal Hotels Group that was founded by David Fattal in Israel.

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The strength of Perth’s hotel market was cited by Colliers, which highlighted a “steady increase” in occupancy over the years to reach a high of 78.3 per cent in 2017. The property agent noted this was nearly three percentage points higher than the average for the “regional” UK hotel market.

Julian Troup, head of UK hotels agency at Colliers, said of Huntingtower: “It is an established and well-known hotel operating with a healthy trading base We are anticipating a favourable response to the marketing, particularly [given] the hotel’s long-established reputation.”

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