Flodrive Holdings, represented by international real estate advisor Savills, has brought to market the Dunollie Hotel and the Kings Arms Hotel on the Isle of Skye for an undisclosed sum. The properties are available to purchase separately or as a pair.
The three-star Dunollie Hotel is situated on Main Road in Broadford, Skye’s second largest village, and features 86 bedrooms plus a restaurant, lounge and two bars. It dates back to the early 1900s and offers a waterside location with extensive views over Broadford Bay.
The Kings Arms was built in the 17th Century, making it one of Skye’s oldest hotels, and is located on King Street in the harbour village of Kyleakin. Following modern extensions, the property now features 81 bedrooms as well as a lounge, bar and restaurant. The hotel is currently operated seasonally, making it a manageable business to run, with scope to extend the opening hours into the winter months.
Tom Cunningham, hotels director at Savills, comments: “These well known hotels have an established leisure trade thanks to the tens of thousands of visitors who flock to the picturesque Isle of Skye each year. The UK’s regional hotel market continues to be buoyant and we are expecting strong investor interest in the properties both individually and as a package.”