Family to sell landmark hotel in historic Scottish village
Graham + Sibbald is marketing the Tweeddale Arms Hotel in Gifford, East Lothian.
The agent said the property is rich in history and has long served as a central fixture in the 'affluent' area.
Offers in the region of £795,000 for the freehold interest are invited.
Landmark Scottish city hotel building put up for sale
The hotel is in the city centre. (Image: Google)
A landmark hotel building in a Scottish city centre has been brought to the market.
The investment opportunity is for a 97-room hotel across the ground and four upper floors.
Knight Frank is marketing the freehold of the Travelodge building in Aberdeen, to which the operator is signed up as a tenant for 25 years.
The asking price of offers over £7 million "reflects a net initial yield of 8.30% and a very attractive running yield of 9.79% in 2028".
Restaurant that 'pays homage to father of Pop Art' for sale
The restaurant is near the Meadows. (Image: Christie & Co) A restaurant and bar that "pays homage to the father of Pop Art" has been brought to the market.
The premises are named after the Scottish artist sometimes referred to as the driving force of the movement, particularly in Britain.
Christie & Co said: "The restaurant serves 120 covers and boasts a modern, artistic interior which pays homage to the father of Pop Art, Eduardo Paolozzi.
"Each of the restaurant's three trading spaces is designed with its own distinct character, including bespoke furniture, industrial-inspired features, and artwork adorning the walls."
The property is on the market with a freehold asking price of offers over £1.1 million.
Hotel overlooking 'picturesque' harbour put up for sale
The hotel looks across the harbour to the sea. (Image: Graham + Sibbald) A hotel and apartments overlooking a Scottish harbour have been brought to the market.
The premises have "spectacular" views from the village that sits on a coastal tourist route.
Graham + Sibbald is marketing the Harbour House Hotel and Anglesea Apartments in the Dumfries and Galloway region.
Offers around £775,000 are invited.
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Scotsman
an hour ago
- Scotsman
Ian Murray: 'A clear path for the next decade to make the UK secure at home and strong abroad'
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The Herald Scotland
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- The Herald Scotland
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Scotsman
an hour ago
- Scotsman
Onshore wind capacity needs to double what there already is in the next five years, industry leaders say
Onshore wind farms are going to have to increase by at least double, energy bosses have said | Maritxu22 - Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Scotland's onshore wind developments will need to double in capacity in the next five years as pressure mounts on grid upgrade works to be consented, energy leaders have said. The minimum target north of the Border for onshore wind is currently 20GW of power by 2030. Advertisement Hide Ad Advertisement Hide Ad It would mean needing to double the current total installed capacity of 10.1W to date in the next five years. Colin Innes, a partner at Shepherd and Wedderburn, and who specialises in renewables, said the significant step up comes after a lull in development since the Conservative government effectively banned onshore wind in 2015. Colin Innes, a partner at Shepherd and Wedderburn | Shepherd and Wedderburn Speaking to The Scotsman, Mr Innes said: 'What needs to happen is building and building quickly to maximise the economic benefit for Scotland and catch up on the missed years we lost when there was a limited number of turbines built comparatively. 'The 'switch off' caused a blip in terms of deployment for a period of five or six years.' Advertisement Hide Ad Advertisement Hide Ad The calls come as Scottish Conservatives described the current net zero agenda as 'unrealistic and unaffordable' with the Scottish Government having 'missed their eco targets for years.' Mr Innes said a challenge the sector faces is an ongoing 'disconnect between what the public thinks is going on and where energy developments are going to be in a decade with how much electrification is needed to meet demand.' The Climate Change Committee (CCC) says by 2040, 80 per cent of cars should be electric and one in two homes have a heat pump as part of the nation's 'decarbonising' plan. About 60,000 UK homes installed a heat pump in 2023, according to the CCC, a figure it wants to see climb to 450,000 by 2030 and 1.5 million by 2035. Advertisement Hide Ad Advertisement Hide Ad Mr Innes said: 'People think we are trying to sort out electricity as it is now. 'But the reality is doubling the demand changes the system, changes the dynamic. 'All infrastructure needs to be a different scale.' Mr Innes said the onshore sector is 'buoyant' with 'a wide range of developers in the Scottish market coming through and a lot are getting consented.' Industry leaders said a recognised issue with this growth in renewable developments is a higher concentrations of turbines in 'intermediate areas' - not on the edge of towns or in protected areas - will be felt in years to come. This is due to restrictions to onshore wind turbines in areas including National Parks and National Scenic Areas, which, collectively, takes up about 20 per cent of the land in Scotland. Advertisement Hide Ad Advertisement Hide Ad Dalnacardoch Estate, which sits entirely within the Cairngorms National Park, halfway between Blair Atholl and Dalwhinnie (pic: Big Partnership) Limited delivery in England due to lower wind resource, protected uplands and solar energy competitors also drives more development in what the industry has labelled as 'hotspot areas' in Scotland. These include Caithness, Dumfries and Galloway, East Ayrshire and Argyll and Bute. The Lake District | Supplied Dumfries and Galloway and Ayrshire have been named as some of the hotspots for more wind farm developments | Katharine Hay For the communities taking the brunt, Mr Innes said 'the community benefit fund has to move beyond the village hall.' He said the communication on the 'wider benefit' of onshore developments when it comes to business rates also needs to be improved. 'The way we do business rates absolutely disassociates the benefits from onshore wind farms because it goes into a central pot and it's reallocated which means it gets lost,' Mr Innes added. Advertisement Hide Ad Advertisement Hide Ad 'In Scotland terms, the more generation we have the more business rates we have, the more money for public services and communities, but it gets lost because of the way we do that which is regrettable.' While renewable energy applications are flying in, including a noticeable increase in anaerobic digesters and applications and increased government funding for 'green' hydrogen plants, the grid infrastructure, which is currently being upgraded to transmit this upsurge in electricity, is facing delays. Scottish and Southern Electricity Networks (SSEN) Transmission is investing £22 billion in grid infrastructure over a five-year period from April 2026 to March 2031 to replace old lines and build 'super highways' to transfer power from developments in the north of Scotland to where energy is needed. Alison Hill, director of project development at SSEN | SSEN Alison Hill, director of project development at SSEN, said the company is on track with submitting plans for the grid upgrade, but it needs consenting bodies to act. Advertisement Hide Ad Advertisement Hide Ad The company has previously criticised the Scottish consenting system after it took four and a half years for the Beauly to Denny upgrade, a development that sparked a fierce backlash from the surrounding communities. Ms Hill said the current project to reinforce the network from Fort Augustus to Skye — the only power line serving all homes and businesses along its route and in the Western Isles - is showing serious delays. 'Two and a half years in planning and we're still waiting for that consent to be determined by the energy consent unit and the Scottish ministers,' she said. 'We're looking at replacing a line that's already there. It's not a new build. 'It's difficult to understand why it's taken so long. Advertisement Hide Ad Advertisement Hide Ad 'The overhead line route is very old. It's had ten major faults in just six years, far more than we would expect on a transmission network, so that line needs to be replaced.' Ms Hill said three new build overhead line schemes are to be submitted to the Energy Consents Unit in the coming months, adding: 'Once submitted we require the consenting bodies to act to maintain momentum for 2030.' Some of the pylon developments have drawn serious controversy from various communities across Scotland, including Aberdeenshire, where a new pylon line is proposed with some of the steel towers possibly reaching as high as 246ft (75m) and will be part of a planned 66-mile (106km) route between the town of Kintore and the village of Tealing. Earlier this year, the UK Government committed to ensuring households near new or upgraded pylons will save up to £250 a year for 10 years to be introduced through the Planning and Infrastructure Bill. Advertisement Hide Ad Advertisement Hide Ad In response to delays in consenting SSEN projects, the Scottish Government pointed to its guidance outlining the procedure to determine priority applications to install overhead line transmission infrastructure, under section 37 of the Electricity Act 1989, is within 52 weeks.
