Hotel sells after 21 years in same hands
The Royal Dunkeld Hotel has been sold - after being out on the market for the first time in 21 years.
Previous owner Neil Menzies acquired the hotel in 1999 but has decided to sell due to his‘advancing years’.
He hands over the reins to Thomas Melville, who has purchased the business which is located in the heart of the Perthshire village.
Mr Menzies said:“We wish the new owner Thomas Melville every success for the future and trust he will have as much fun as we have enjoyed at the Royal.”
The hotel is currently closed to guests due to the coronavirus situation but Mr Melville is working hard behind the scenes.
“We are delighted to add the Royal Dunkeld Hotel to our growing portfolio of hotels,”he said.
“Our plan in the short term is to take advantage of the hotel being closed to do some redecoration and look to utilise the function facility by introducing some tribute nights whilst also looking after the existing loyal client base.
“We would like to thank Neil for his assistance throughout the transaction and wish him every success in the future.”
The Royal Dunkeld Hotel contains 35 letting bedrooms in its main building and a further 10 rooms in its annex.
As well as having its own restaurant, the hotel comes with an additional restaurant, Woodlands Bistro, along with a main bar seating 37, a games room and a garden.
The hotel also has several small function rooms – The Royal Suite, the residents’lounge which doubles as a small function room, and the Menzies Suite.
Brian Sheldon, director at Christie and Co, who handled the sale, said: “The completion of the Royal comes at a time where there is so much uncertainty in the marketplace.
“That said, there is noticeably an increase in enquiries for rural and coastal businesses as we suspect buyers are now looking to relocate from the more densely populated towns and cities.”