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

By Rachel Smart

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Two hotels are for sale in Tain.
Two hotels are for sale in Tain.

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

Morangie Hotel and Mansfield Castle Hotel have 45-bedrooms between them and are now on the market for offers in excess of £2.5 million. The twohotels include two restaurants, lounge bars and function rooms.

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

Property agents Graham and Sibbald said: “Graham + Sibbald are delighted to be bringing Morangie Hotel and Mansfield Castle Hotel to the market. The hotels offer outstanding architecture and a strong turnover. They are being run as one business for sale and there are 45 letting bedrooms between the two.

“The baronial castle-like properties are quintessentially Scottish and offer the best of Highland hospitality. The hotels offer a new owner the opportunity to build on the already excellent reputation and loyal customer base.

“The hotels offer the opportunity to purchase a Scottish castle that perfectly blends traditional features with modern commodities.”

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