A landmark hotel in Argyll, on the Crinan Canal, has been put up for sale with offers in the region of £425,000 sought for the freehold interest.
The sale of the 11-bedroom Cairnbaan Hotel, which is three miles north of Lochgilphead and 35 miles south of Oban and is currently closed, is being conducted by Graham + Sibbald.
The Cairnbaan Hotel, owned by Christine Dobson, notes on its website that it has "now ceased trading".
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It says: "Due to unavoidable and unforeseen circumstances, the hotel will be closed indefinitely. Apologies for any inconvenience. We'd like to thank our patrons, both locally and those further afield."
Graham + Sibbald declared the sale “offers a wonderful opportunity for a new operator to build upon the well-known and well-established business in this excellent location”.
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The property agent said: “The Cairnbaan is a quaint traditional hotel, offering an impressive canal-side location and outstanding views in a popular tourist area in picturesque Argyll. The charming property is located on the Crinan Canal [and] its attractive location makes it a popular drive-out destination for residents and tourists alike.”
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Graham + Sibbald added: “Proud of its traditional origins, the Cairnbaan Hotel has kept its charm, by sympathetically expanding over the years to provide 11 spacious ensuite bedrooms, a quaint lounge bar, main restaurant, conservatory and function room. The property also benefits from a south-facing outdoor terrace for alfresco activities overlooking the canal.”
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As well as the 11 letting bedrooms, the property includes owner’s accommodation.
Martin Sutherland, a hotel and leisure agent with Graham + Sibbald, said: “The availability of the Cairnbaan Hotel is a fantastic opportunity to buy a well-known, established business in a prominent position in the ever-popular Argyll countryside.”
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