Comprising of 51 en suite bedrooms and nine serviced apartments within a separate three storey building on the site, the premises serves the local community and also benefits from a high level of corporate and leisure trade. The vast property also boasts a lounge bar, restaurant, conservatory and function and meeting rooms, plus it is fully equipped with ancillary areas including a commercial kitchen, wine cellar, laundry room, and office.
Enjoying a prominent location in the town centre overlooking the harbour and just five miles from the local airport, Ayre Hotel is well connected with regular flights available to major cities Aberdeen, Glasgow, and Edinburgh, plus ferry services to the mainland. Firmly established in Kirkwall, the largest town and capital of the Orkney Islands, the hotel is also highly regarded further afield, as it currently holds the number one rating of all hotels on Orkney on the reviews site, TripAdvisor.
Stuart Drysdale, Associate Director at Christie & Co, who is handling the sale, comments, “The Ayre Hotel is well established in Kirkwall and has been family owned and operated for a number of years. The mix of standard letting rooms and self-catering apartments provides a range of choice for the business and leisure traveller. The business trades exceptionally well and the addition of the 9 apartments has led to a significant increase in both turnover and profitability.”
The hotel is on the market at offers over £4,500,000 for the freehold going concern.