Christie + Co markets award-winning An Lochan assets

10 March 2010

Acting on behalf of a private client, Christie + Co is marketing the hospitality assets of An Lochan, the Scotland-based, privately-owned, award-winning hotel and restaurant operator.

The An Lochan estate comprises the An Lochan hotel at Tighnabruaich, the An Lochan Tormaukin country inn in Perthshire, and the award-winning An Lochan Restaurant Glasgow.

Situated on Scotland’s West Coast, facing the Isle of Bute, the 11-bedroom hotel at Tighnabruaich features a lounge, 34-cover restaurant, 24-cover bar, staff room and owner’s accommodation. The business also benefits from 12 yacht moorings. The business has been awarded Red Stars by the AA and also features in both the independent Good Food Guide and the Good Hotel Guide.

Offers in the region of £650,000 are being sought for the freehold of the hotel.

Located in Glendevon, An Lochan Tormaukin is an 18th Century, 10-bedroom country inn featuring a 20-cover bar, 20-cover lounge bar, 42-cover dining room, 50-cover restaurant, and 40-cover conservatory. The business also comprises a detached chalet, which consists of an additional two letting bedroom and a self-catering unit. Positioned adjacent to the inn is a detached owner’s/manager’s three-bedroom bungalow.

Offers in the region of £850,000 are being sought for the freehold of the country inn.

Situated in the West End are of Glasgow, the acclaimed, 38-cover An Lochan restaurant specialises in seafood, meat and game dishes, and has been recognised in the Scottish Chef awards and by the AA. The restaurant is also one of only nine Glasgow restaurants in Which's Good Food Guide.

Offers in the region of £250,000 are being sought for the freehold of the restaurant.

Brian Sheldon, Director at Christie + Co, said: “The three individual assets are being sold separately however there is synergy between all three. The units, which are currently being operated by a management company, offer an ideal opportunity for regional or local operator to build upon the first-class reputation each business has secured.”

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For further information on this press release, please contact: Mark Wingett at Christie + Co. Tel: 020 7227 0794. mark.wingett@christie.com