property


Life is a Caberfeidh in Highland village


FINALIST in this year’s SLTN Independent Pub/Bar of the Year category has just come onto the market.


Lochinver business offers scope for further development A


Located in the centre of Lochinver in the north west Highlands, the Caberfeidh Bar & Restaurant is being sold by Simon and Jennifer Allen, who have owned the business since 2007. Currently trading as a bar and


restaurant operation, the Caberfeidh (Gaelic for ‘deer antler’) offers new owners scope to develop an accommodation side to the business,


The business is well- positioned for a new owner to take it to new heights and build upon this success story.


using space that is currently used as owner’s accommodation. The main bar and restaurant area can accommodate 180 covers. The bar specialises in cask ale and malt whisky, while the restaurant majors in local produce, particularly seafood, presented in a “traditional style with a modern twist”. Dishes include Wester Ross organic salmon, locally-caught mussels, haddock, hand-dived scallops, Ullapool smoked salmon and local venison. Hector Bashir, of selling agent Bruce & Co, said the Caberfeidh has a strong reputation with both locals and tourists.


There is scope to develop the Caberfeidh by adding accommodation and takeaway businesses, according to selling agent Bruce & Co. It’s on the market at offers over £540,000.


“Simon and Jennifer Allen have achieved a significant increase in sales since taking over in 2007,” he said. “Personal reasons dictate a return to the south.


“The business is well-positioned for a new owner to take it to new heights and build upon this success story. “There is also further scope to


increase the potential by incorporating a fish and chip-style takeaway in the adjacent area. This could potentially be


very lucrative for any new prospective purchaser looking at taking advantage of the dearth of quality fast food outlets serving the local community and beyond.” Offers over £540,000 are sought.


Hotel set to reveal new colours


THE former Purple Hotel near Glasgow Airport has been sold to a UK-based private equity firm, which intends to rebrand and relaunch the business. Acting on behalf of Johnston Carmichael, administrators to Heritage Braehead Ltd, Jones Lang LaSalle sold the 103-bedroom property near Braehead for an undisclosed sum from an asking price of offers over £4.25 million.


Jones Lang LaSalle’s Alan Creevy, who handled the sale, said the hotel, which was purpose-built in March 2008 at a claimed cost of £7m, attracted “significant” interest from potential buyers.


46 - SLTN - November 11, 2010


The hotel has 32 en suite bedrooms.


New adventure for manor house


A COUNTRY house hotel in south west Scotland has been bought by activity holiday company Manor Adventure. Lockerbie Manor was sold for an undisclosed sum from a guide price of £995,000. Set in 16 acres, the grade II listed manor house has 23 en suite letting bedrooms and “extensive” function and conference facilities. Manor Adventure chief executive Vaughan Phillips said the property will become the firm’s Scottish centre, complementing its other sites in Shropshire, Wales and northern France. It will operate as a conventional hotel when not offering children’s adventure holidays.


“I was immediately taken by Lockerbie Manor, as it fits perfectly into both the existing portfolio and the ongoing expansion plans for the company, which will include other sites in Scotland and the north of England,” he said. Adam Lansdown, a director with Colliers International, which handled the sale in association with Savills, said the property attracted a high level of interest. “Although we considered


interest from a range of potential purchasers, it became clear that Manor Adventure could move smoothly towards settlement, and reap the benefits of this fine property in the years to come,” he said.


New owner has a Blasta


THE former Blasta Restaurant in Newtonmore has changed hands.


Renamed the Letterbox Restaurant, the business was bought by Douglas Brown, who previously owned the Struy Inn near Beauly. Both deals were handled by Inverness-based ASG Commercial.


The former Purple Hotel, near Braehead, was built in March 2008 and has 103 letting bedrooms.


At Letterbox, Brown aims to build on the “fine reputation” the restaurant is said to have enjoyed in its previous guise, majoring in fresh, locally-sourced ingredients.


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