CHRISTIE & Co has announced the sale of a 17th century hotel in Stirlingshire to Caledonian Travel.
The hotel, located in Callander – a popular tourist town in the Trossachs – was sold for an undisclosed price.
The Dreadnought Hotel is situated next to the main tourist route leading to Lochearnhead, with Glasgow and Edinburgh 35 and 50 miles away respectively.
The current owners bought the property in 2017 and were selling due to retirement, leaving a "well performing business with exceptional capability to extend and renovate", according to Christie's.
Caledonian Travel has now added the property to its group in Scotland.
The property has a traditional Highland interior and stone exterior that can be dated back to the 17th century. The hotel occupies the McNab restaurant and bar, 61 ensuite letting rooms, a small events room and beer garden.
The original hotel was built by the Clan MacNab in 1802 as a hostelry for clansmen travelling north but it was extensively enlarged in 1890.
Tony Spence, associate director at Christie & Co said: “We were delighted to act for our clients in the sale of the hotel which now allows them to retire from the hospitality trade. This was the second hotel where Christie & Co have acted for the family and we are grateful they had trust in us to deliver.
"There remains good activity within the market and we would urge any vendors who are considering a sale or purchase to get in touch to discuss further.”
Announcing the takeover, Caledonian Travel said: “We’re delighted to announce that The Dreadnought Hotel in Callander – known as the gateway to the Highlands – is the latest property to join The Caledonian Hotel Collection. It will now be proudly known as The Caledonian Thistle Hotel.
“Located on Callander’s charming high street, this landmark hotel is ideally placed for exploring the area – from the dramatic views of Ben Ledi to the peaceful shores of Loch Lubnaig."
They added: “We’ll now begin a full refurbishment of both the interior and exterior, with plans to reopen at the end of July. We’re also going to be recruiting new members to the team – so watch this space!”
