£3m Rescue Deal Saves Historic George Hotel in Inveraray Following Administration

'New chapter' as hotel in same family 165 years sold after administration

A shockwave swept across a town and an industry with news a historic Scottish hotel was in administration

£3m rescue deal saves historic George Hotel in Inveraray following administration

Administrators overseeing the sale of the historic 24-room Scottish boutique hotel have sold the hotel business, its contents and a residential dwelling to a duo of experienced hotel operators, Charlie Maclachlan and Sam Wignell of Fyne Hospitality, for £3.05m in a deal that will save up to 43 jobs in Inveraray.

£3m rescue deal saves historic hotel following administration

A £3 MILLION rescue deal has saved an historic 24-room Scottish boutique hotel after it entered administration earlier this year

Fyne Hospitality acquires George Hotel in £3.05m deal - DRAM Scotland

The George Hotel in Inveraray has been acquired out of administration in a £3.05 million deal that secures the future of the historic business and safeguards 43 jobs. The 24-bedroom hotel, which had been in the Clark family for 165 years, was sold to Fyne Hospitality, led by Charlie Maclachlan and Sam Wignell, following a marketing campaign which attracted 51 expressions of interest. The business, along with its contents and an adjacent resident…

£3 million rescue deal saves historic George Hotel in Inveraray following administration - Scottish Business News

Administrators overseeing the sale of the historic 24-room Scottish boutique hotel have sold the hotel business, its contents and a residential dwelling to a duo of experienced hotel operators, Charlie Maclachlan and Sam Wignell of Fyne Hospitality, for £3.05m in a deal that will save up to 43 jobs in Inveraray. Kevin Mapstone and Kenny Craig of Begbies Traynor were appointed as joint administrators of the Inveraray Inn Ltd, which trades as the …