Based in Stranraer, the company was founded in 1962 and has been family-run across three generations. Having come through the recent health crisis in excellent shape, the family have considered many different futures for McMillan Hotels and its dedicated staff and have now made the decision to find new, experienced hoteliers with ambitious plans for the future of the group.
The McMillan portfolio includes North West Castle in Stranraer, Cally Palace Hotel & Golf Course in Gatehouse of Fleet and Fernhill Hotel in Portpatrick. Offering something for everyone – a great Scottish welcome, great food using the best Scottish produce, golf, curling competitions, meeting and conference spaces, as well as boasting idyllic wedding locations.
With the staycation market expected to continue to grow, the hotels offer an excellent opportunity for purchase with strong trading levels both pre and post pandemic.
Douglas McMillan, Managing Director of McMillan Hotels, commented;
“Nobody was expecting the world to take the turns it has over the last couple of years, but having come through a global pandemic and emerged stronger and more resilient than ever, the family believes that now is the right time to set the wheels in motion to sell the business.”
“The hotels were trading well before Covid, and have been trading exceptionally well since re-opening. The coming years should also be strong as more people choose to staycation in this beautiful rural region, with its clear open roads, stunning countryside and sandy beaches. In the meantime, it will be business as usual. The McMillan Family will continue to work hard for the future of their hotels and look forward to welcoming many more visitors to Bonnie Galloway.”
“Our family has welcomed our guests for over 60 years and we are determined to hand over the reins to the right people, ideally who will have demonstrable plans to nurture and invest in the business in the coming years. The company is in good shape and we are in no rush to sell.”
Most of the thirteen grandchildren have worked in the hotels at one time or another, but over the years, as they have all grown up, it has become clear that the next generation have all chosen to follow different career paths.
Staff have been informed that this process has begun, and Graham + Sibbald Chartered Surveyor and Property Consultants have been appointed as agents for the sale. The aim is to pass on this much-loved family business to the best possible future custodians.
Alistair Letham, Agent at Graham + Sibbald, said;
“Graham + Sibbald are delighted to have been appointed by the McMillan Family to seek a new owner/operator for their group of stunning hotels and will be marketing the portfolio on an “offers invited” basis with viewings highly recommended to understand the full offering of each hotel.”
For more information, please contact Agent Alistair Letham on 07836 341710/0131 240 5311.