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Three multi-million castles go up for sale in Scotland

Posted: 3rd June 2015

Three historic buildings across Scotland have been put up for sale by exclusive venue hire company, AmaZing Venues. Acting on behalf of parent company Clarenco LLP, Colliers International has been instructed to market the three properties to potential investors on an individual basis.
Ackergill Tower Carberry Tower Kinnettles Castle

(L-R Ackergill Tower, Carberry Tower, Kinnettles Castle)

The first of the properties is Ackergill Tower, an original 15th century tower near John o’ Groats in the Highlands of Scotland, situated on the edge of the coastline overlooking Sinclair’s Bay. Set in 30 acres of grounds, the property was significantly extended in the 19th century and extensively refurbished and renovated more recently. Ackergill Tower is frequented by celebrities and is known Internationally. Colliers is inviting offers in excess of £4.5 million for the property, which also includes a former stable block, which has recently been converted into additional luxury accommodation, alongside additional function and catering facilities, a number of separate cottages and the largest tree house (with a circular bedroom) in Europe. The investment also comes with a 15-year lease for shooting and fishing rights on 3,000 acres of nearby land.

South of Edinburgh lies Carberry Tower, a 16th century mansion situated in over 30 acres of listed parkland, just seven miles from Edinburgh city centre. Offering 30 luxury bedrooms, nine function rooms, a library, and former chapel, Carberry Tower is a popular wedding venue and benefits from a recent extensive refurbishment programme. The property also boasts royal connections, as Her Majesty The Queen and Princess Margaret both stayed at Carberry Tower regularly as children, alongside Queen Elizabeth The Queen Mother. Colliers is inviting offer over £3 million for this exciting investment opportunity.

Finally, in the heart of the Angus countryside, the 19th century Baronial-style Kinnettles Castle is being marketed for offers over £2.5 million. Currently operating as an exclusive-use conference, wedding and corporate events venue, Kinnettles Castle offers well-appointed public rooms, 11 letting bedrooms with separate garden pavilion marque, all within 44 acres of parkland. The Gate Lodge has also been converted to provide two additional letting bedrooms.

Alistair Letham, director in Colliers’ Scotland Hotels team, said: “It is not often that we see properties of such great historical significance come to market, so to be appointed to dispose of three magnificent historic properties at the same time is a truly rare instruction. Each of these castles presents a unique offer and have been lovingly restored and maintained by Clarenco LLP over the course of their ownership.

“All three venues have flexibility of use and can either continue to be operated as exclusive-use event venues, as per AmaZing Venue’s business model or converted into a more traditional country house hotel business. We expect to receive a great deal of interest for these properties from UK-based and overseas investors.”

Founded by entrepreneur and former CEO of Dreams, Mike Clare, AmaZing Venues is a collection of unique and historic properties which are used to host large-scale exclusive-use events, including weddings, corporate events and private parties. Other venues in the portfolio include Chateau Rhianfa in Angelsey, Stanbrook Abbey in Malvern and Solent Forts, off the coast of Portsmouth.

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