3/16/2021 | Hotels

High quality hotel nestled on the River Deveron in Banff sold

Specialist business property advisor, Christie & Co is pleased to announce the sale of a delightful country house hotel – Fife Lodge Hotel in Banff, Aberdeenshire.

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The Fife Lodge Hotel is located in the historic seaside town of Banff, off the leafy Sandyhill Road, on one of the principal routes into Banff from the south (A97). Situated on the north eastern coast of Scotland, Banff is on the River Deveron which flows into the Moray Firth. 

Set in its own private grounds with stunning views, the hotel is housed in a detached two storey property of traditional stone construction. The property features eight ensuite letting rooms fitted to a high standard and a large function room and bar with capacity for up to 300 guests, making it an ideal location for wedding ceremonies, meetings and conferences. 

The business has been purchased by Fife Lodge Hotel Limited at an undisclosed price.

Tony Spence, Business Agent in Christie & Co’s Hospitality team handled the sale and comments, “The Fife Lodge Hotel has been independently owned and operated for over seven years and is well established within the town. The owner put the hotel on the market to retire and wanted to pass the hotel onto new enthusiastic owners who could continue providing excellent hospitality service to the resident population and larger catchment area.”
 

For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7448 8849 or E: bronte.hughes@christie.com

Contact the agent:
Tony Spence, Business Agent - Hospitality
P: +44 7701 315 068 or E: tony.spence@christie.com