A historic award-winning hotel in Scotland has been put up for sale after going bust just days before Christmas. The 160-year-old Udny Arms Hotel in Newburgh, Aberdeenshire, plunged into administration in December. The hotel, first opened in 1865, has now been listed for sale for offers upwards of £1.6m. Administrators at Begbies Traynor had to take over the four-star hotel due to mounting debts. It was feared that all jobs at the Udny Arms would be lost after the sad update, but administrators hope they find a buyer and save the workforce.
Thomas McKay, of Begbies Traynor, told the Press and Journal: “It’s a significant growth opportunity for anyone who wants to take it forward. I’m confident we will find a buyer, someone will find it very attractive. We want to ensure it has another chapter on its journey. We will do all we can to find the best possible solution, and to save as many of the local jobs as we can.”
The 12-bedroom hotel holds two coveted AA Rosettes for its restaurant and the 60-cover coffee shop, which was fully refurbished in 2023. Udny Arms underwent a major refurbishment three years ago and is listed by property firm Colliers.
The listing reads: “The Udny Arms occupies an attractive position within the historic village of Newburgh on the north-east coast of Scotland at the mouth of the Ythan Estuary.
“Lying close to a wonderful sandy beach and extensive sand dune system, this charming coastal village dates to 1261 and sits 13 miles north of Aberdeen via the A90 trunk road.
“It is well regarded for its rich history, scenic surroundings, and strong appeal to both leisure visitors, including golfers, and those exploring the northeast and Aberdeenshire.
“Newburgh lies east of the A90 and is a former seaport and primarily stone built village near the Sands of Forvie and Foveran Links nature reserve, the rear of the hotel overlooking the 132-year-old Newburgh Links Golf Club which is renowned for its unique golfing layout.
“Rear views are out towards the Ythan Estuary, Forvie Sand Dunes, Newburgh Beach, and the North Sea.”
