Money

Country house hotel on market for £3.25 million


A country house hotel and wedding venue is for sale for £3.25 million.

The 34-bedroom Huntingtower on the outskirts of Perth has been put on the market by owners the Leonardo group.

The venue – marketed as the Leonardo Boutique Hotel Huntingtower – sits in its own five acres of wooded and lawned grounds.

Dining room at the Huntingtower hotel

Selling agent Colliers International described it as a ‘quality asset’ and said Perth’s hotel market was buoyant.

Julian Troup, head of UK Hotels Agency at Colliers International, said: “We are delighted to bring the Huntingtower Hotel to the market. It is an established and well known hotel operating with a healthy trading base.

“The beautiful hotel has substantial meeting facilities and extensive grounds and provides an excellent mix of income streams. We are anticipating a favourable response to the marketing, particularly bearing the hotel’s long established reputation.

“Perth’s hotels room occupancy has increased steadily over recent years, reaching a high of 78.3% in 2017.

“This is almost three percentage points higher than the regional UK average.”

The Huntingtower, on Crieff Road, is part of a large portfolio owned by a corporate group with a large portfolio. It is described as “an authentic country house hotel” close to the city.

It is well placed as a base for country sports visitors, hillwalkers and people touring Highland Perthshire.

An established wedding venue, it also has substantial meeting and event income thanks to its six meeting rooms, restaurant and conservatory.



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