Family-run boutique hotel on the Isle of Arran sold through Christie & Co
Specialist business property adviser, Christie & Co is delighted to announce the sale of The Lamlash Bay Hotel in Lamlash, on the Isle of Arran, Scotland.
Occupying a stunning beachfront location in the heart of the village, The Lamlash boasts glorious views over the bay onto the Holy Isle. Known to be an excellent base to explore the island, the hotel was crowned winner of Channel 4’s Four in a Bed in 2022. The 11-bedroom hotel features a popular restaurant, as well as a pet-friendly bar and lounge with stunning coastal views.
The Lamlash Bay Hotel was previously owned and operated by couple, Serge and Margaret El Adm, who, following the sale of the business, plan to take some time off and visit family abroad before planning their next venture.
They comment on the sale, “Owning and running a hotel on Arran was a lifelong dream for us. We are grateful for the support of the local community, staff, customers and guests and to have been positioned in one of the most stunning places on earth.
“The new owners come with a wealth of experience in hospitality as well as connections to the island. We are delighted to be passing the baton to them and excited to see them drive the business forward.”
The hotel has been purchased by a private, first-time buyer.
Simon Watson, Business Agent at Christie & Co who handled the sale, comments, “I am delighted for both Serge and Margaret and the new owner that we agreed the deal in the region of the asking price. After the deal failed to progress with a previous buyer, we managed to acquire a new first-time buyer and advise them on the process from offer to completion. Serge, Margaret and the buyer are delighted with the final outcome.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: firstname.lastname@example.org
Contact the agent:
Simon Watson, Business Agent – Hospitality
M: +44 7754 559 534 or E: email@example.com
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