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One of Scotland’s “finest” five-star hotels, Fonab Castle in Pitlochry, has been sold to Fonab SPV for an undisclosed sum.
The luxury five-star hotel and spa resort with fine dining restaurant is set within a rural estate extending to 11 acres, in a Category B listed Scottish baronial mansion house that dates back to 1892.
The building is said to have a “significant heritage”, having been owned by wealthy merchants in the past. It also operated as a British Red Cross auxiliary hospital caring for wounded soldiers during World War 1.
The property is situated in a semi-rural yet accessible location and is surrounded by mountains, woodlands and the River Tummel.
It features 43 individually styled guest bedrooms and suites, some with period features and “breathtaking” views. The property also features a bespoke spa and 3 AA Rosette fine dining restaurant.
Steven Fyfe, associate director in the hotels capital markets team at Savills Glasgow, who handled the sale, said: “We are delighted to complete the sale of Fonab Castle on behalf of the owners, which offers a truly remarkable, luxury Scottish experience. We look forward to watching the purchasers’ business plan take shape.
“Pitlochry is a popular destination for tourists offering beautiful scenery and many attractions. The market for luxury and leisure-led hotel assets is continuing to attract strong demand.”
