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Three North Coast 500 hotels tipped for redevelopment

Three established hotels along Scotland’s North Coast 500 are on the market, with each comprising a different opportunity for redevelopment.

The Glenmorag Hotel in Dunoon, the Garve Hotel in Garve, and Mackay’s hotel in Strathpeffer constitute Hart Hotels, which is owned by the David Urquhart Group.

All three of the hotels, which together host a total of 177 letting bedrooms or apartments, have ceased trading.

Rather than marketed simply as hotel opportunities, the properties have been singled out due to their “potential for other purposes”.

Robert Smithson, part of the specialist hotels team at Colliers International, who are marketing the establishments alongside Graham and Sibbald, said: “All three hotels are well-located and offers are being invited for the portfolio or for the hotels individually.

“However, in addition to attracting interest from hospitality operators they have also been the focus of attention from developers who can see their potential for other purposes such as healthcare, residential, leisure and automotive.”

The alternative possibilities for all three properties have been highlighted, with potential developments ranging from “a petrol filling station” to “housing or holiday lodge accommodation”.

Alistair Letham, consultant at Graham and Sibbald, said that the Grave Hotel is a brownfield site that brings “a variety of potential options for alternative uses”.

As for the Glenmorag Hotel, he added that “the three acres of land to the front of the hotel is specifically identified for housing”.

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