Christie & Co instructed to market popular hotel in Scottish Highlands
Specialist business property adviser, Christie & Co has been instructed to sell The Novar Arms Hotel, located in the rural village of Evanton, Dingwall.
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The Novar Arms is a favourite spot amongst the thriving local community. The hotel also benefits from year-round tourists travelling through the famous Scottish Highlands and the North Coast 500.
The attractive Victorian property has received extensive modern extensions and refurbishment, whilst retaining its historic character and “feature property” status within the village. The hotel features a bar and restaurant area on the ground floor, as well as 22 ensuite bedrooms which radiate charm throughout. The hotel also comes with owners accommodation consisting of a lounge, bedroom and bathroom.
The hotel is open all year round benefiting from the travelling workforce from Invergordon and Nigg, as well as an influx of tourists throughout the summer. The bar and restaurant has a healthy turnover throughout the whole year from the local community through functions and special events.
The hotel has been run by Novar Arms Accommodation Ltd for 11 years, and they have now decided to sell due to retirement.
Simon Watson, Business Agent at Christie & Co who is handling the sale, comments, “This is a fantastic opportunity to acquire a well performing hotel business in walk-in condition due to the current owner’s efforts to maintain the property.”
The Novar Arms Hotel is now on the market at £649,500 for the freehold going concern.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Simon Watson, Business Agent - Hospitality Scotland
M: +447754 559 534 or E: simon.watson@christie.com
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