Two hotels on NC500 up for sale in Tain for offers over £2.5million

Two hotels on the NC500 route are up for sale in Tain.

Morangie Hotel and Mansfield Castle Hotel offer 45-bedrooms between them and are now on the market for offers over £2.5million. The pair of hotels inlcude two restaurants, lounge bars and function rooms.

Over the past five years, the hotels have generated £1.2million turnover producing an average adjusted profit of £278,000.

Property agents, Graham and Sibbald said: “Graham + Sibbald are delighted to bring to the market Morangie Hotel and Mansfield Castle Hotel. The Hotels for sale offer outstanding architecture and a strong turnover. The Hotels for sale on the NC500 route offer 45 letting bedrooms between the two which are run as one business for sale.

“The baronial castle like properties for sale are quintessentially Scottish offering the best of Highland Hospitality. The businesses for sale offer a new owner the opportunity to build upon the already stellar reputation and loyal customer base. The Hotels for sale offer the new owner the chance to buy a castle in Scotland which perfectly blends traditional features with modern commodities.”

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