A hotel said to enjoy one of the best locations in the Highlands has been put up for sale, after the development company that owns it fell into administration.
The Letterfinlay Lodge Hotel lies on the banks of Loch Lochy, with views along the Great Glen, has gone on the market for £650k as its owners Premier Developments Lochaber Limited have fallen into administration.
The Letterfinlay has been extensively renovated and refurbished by its current owners, and despite its recent problems, presents an attractive proposition for potential new buyers.
It is home to 14 bedrooms, and features the Ospreys Seafood Restaurant and Osprey Sun Deck and overlooks the Loch Lochy. The hotel also has a whiskey lounge and lounge conservatory.
The hotel is rated as the number one in the area on TripAdvisor and its Osprey Seafood Restaurant is six out of 12 in the Spean Bridge locality.
Alistair Letham, a director in the UK hotels agency team at Colliers International, said: “The adage ‘location location location’ could have been coined for the Letterfinlay. The hotel has been extensively renovated and refurbished and now provides that special touch of affordable luxury in this dramatic and popular location. Not only that the business is well established and, despite the problems suffered by its most recent owners, it should present an attractive proposition to hoteliers looking for the perfect place to build a tourism business in the Highlands.”