DRYSDALE & Company, a commercial estate agency dealing exclusively with the hospitality sector, has revealed it has been instructed to sell The MacDonald Arms, a ten-bedroom hotel/pub in Tobermory.
The property has a blue frontage and is part of the iconic row of multi-coloured properties on Tobermory’s seafront.
The MacDonald Arms, priced at offers over £350,000, is described as presenting a ‘great development opportunity’. Although in need of refurbishment and modernisation, Drysdale & Company said a new operator could re-furbish and re-open the licensed accommodation at ground level, or it could be converted to other retail or commercial use (STPP).
“This property, situated in a prime part of the town, has huge potential, whether to be refurbished and continue trading as a pub with rooms, or as a small boutique hotel,” said Stuart Drysdale of Drysdale & Company. “It could also enjoy a new use altogether.
“It is not every day that one of the iconic, multi-coloured properties on this world famous frontage comes up for sale. As such, this property is likely to be highly sought after.
“Drysdale & Company is delighted to have been entrusted with the sale of this property by the family which has enjoyed such as long association with it. They are keen to see it passed on to a new owner who can revitalise the building and secure it an exciting new future.”