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Moffat House Hotel, Moffat sold by Colliers International off a guide price of £700,000

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By Robert Smithson and Hannah Zitren

Acting on behalf of Tom MacLennan of FRP Advisory, the Trustee in Sequestration, global real estate advisor, Colliers International, has sold Moffat House Hotel, a well-known hotel close to the M74 motorway, in Moffat, Dumfrieshire to a private buyer off a guide price of £700,000. 


The Grade A Georgian manor house hotel has been sold to Mr Keith Parr, the former owner of Auchen Castle Hotel who now plans to restore the hotel back to its former glory.
Moffat House Hotel is based in a prominent location in the heritage town of Moffat, only a mile from the M74 motorway on a main arterial route into Edinburgh.  The property benefits from 21 letting bedrooms and a good range of public areas as well as a two- bedroom cottage which is ideal for letting.

Robert Smithson, senior surveyor at Colliers International, commented: “Following the cessation of trading in December 2019, the sale on behalf of the Trustee in Sequestration provides Mr Parr with an excellent opportunity to restore the hotel to its former glory and  take advantage of the current surge in “Staycations”. 

“The completion of yet another deal proves the uplift in activity we are seeing since the prospect of the re-opening of the hotels sector was announced. Buyers and sellers started to make a move and come out of their shells in readiness for re-opening during July 2020.

“During the past month, a clear change of mood has ensued. There has been a marked pickup in activity. In the last month alone we have witnessed a 200 per cent plus increase in formal viewings whilst the volume of buyer enquiries has increased exponentially from a wide variety of domestic and international enquirers.”

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Robert Smithson | Colliers | Leeds

Robert Smithson

Associate Director

Leeds

+44 113 200 1876
+44 7825 171 652
Email

Robert works to provide expert brokerage and professional services to the Hotels Agency and  Parks departments across the UK, working between our Manchester, Leeds and Edinburgh offices.

Covering a wide range of matters, Robert has been involved in some of the largest and most significant parks and hotel deals over the last 10 years in the UK; allowing him to build up a great deal of industry contacts.

On behalf of both private and corporate clients Robert continues to strive to ensure that Colliers' reputation for service excellence and professionalism is upheld.

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Hannah Zitren | Colliers | Manchester

Hannah Zitren

Associate Director

Manchester

+44 20 7344 6739
Email

I am responsible for media relations and generating coverage in top tier broadcast and print media. I work across a range of Colliers’ UK & Pan-EMEA business lines advising on their strategic and tactical PR needs.

My role includes:

·         Developing and executing PR plans for the various business lines to help promote their key messages across all aspects of the media - print, broadcast and social.

·          Media evaluation and reporting objectives, targets and successes across the business.

·         Reputation management and crisis management.

·         Media training.

·         Media engagement: setting up meetings with top tier media and various internal spokespeople to continuously expand and build a presence with property and vertical media network.

·         Consistently delivering service excellence, meeting with business heads of a regular basis and trying to influence the research as much as possible to ensure our content has a strong enough news hook.

·         Key campaigns that I work on include MIPIM; MAPIC; REVO; Midsummer Retail Report; IHIF; Cities of Influence in addition to a host of all alternative property sector research reports.

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