Colliers selling Newton Hotel
Chaplin holiday haunt on market for £4.5m
A favourite holiday haunt of silent movie star Charlie Chaplin and his family has been put on the market with a multi-million pound price tag as its London-based corporate owner seeks to rationalise its portfolio.
The Newton Hotel in Nairn, currently a popular conference venue, is being marketed by Colliers International with an asking price of around £4.5 million.
The Newton is an original Scots Baronial mansion house set in 21 acres of private grounds.
Charlie Chaplin reportedly enjoyed the tranquillity of the town and the Scottish Highlands, becoming a regulator guest at the Newton Hotel in his later years.
Alistair Letham, a director in the UK hotels agency team at Colliers International, said: “The Newton Hotel has been well established for many years on the Inverness and Moray Coast area as a popular destination for weddings, conferences and banqueting, as well as traditional leisure and other commercial business.
“It is trading at a steady level of turnover and good levels of profit. The Newton Hotel should be an exciting prospect for experienced hoteliers or for small groups looking to build their portfolio.”
The hotel is owned by a London-based investment and property company which acquired it in August 2005 as part of a major investment in Scotland and the north of England.