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UK seaside city lodge plunges into administration after 160 years – on sale for £1.6m

Directors current the sale as a “very engaging” alternative.

The Udny Arms Lodge in Newburgh (Picture: Google Maps)

A historic award-winning lodge in Scotland has been put up on the market after going bust simply days earlier than Christmas. The 160-year-old Udny Arms Lodge in Newburgh, Aberdeenshire, plunged into administration in December. The lodge, first opened in 1865, has now been listed on the market for gives upwards of £1.6m. Directors at Begbies Traynor needed to take over the  four-star lodge because of mounting money owed. It was feared that every one jobs on the Udny Arms can be misplaced after the unhappy replace, however directors hope they discover a purchaser and save the workforce. 

Thomas McKay, of Begbies Traynor, instructed the Press and Journal: “It is a important development alternative for anybody who needs to take it ahead. I am assured we’ll discover a purchaser, somebody will discover it very engaging. We need to guarantee it has one other chapter on its journey. We are going to do all we are able to to seek out the very best answer, and to save lots of as most of the native jobs as we are able to.”

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The 12-bedroom lodge holds two coveted AA Rosettes for its restaurant and the 60-cover espresso store, which was totally refurbished in 2023. Udny Arms underwent a serious refurbishment three years in the past and is listed by property agency Colliers.

The itemizing reads: “The Udny Arms occupies a lovely place inside the historic village of Newburgh on the north-east coast of Scotland on the mouth of the Ythan Estuary.

“Mendacity near an exquisite sandy seashore and in depth sand dune system, this charming coastal village dates to 1261 and sits 13 miles north of Aberdeen by way of the A90 trunk highway.

“It’s properly regarded for its wealthy historical past, scenic environment, and robust attraction to each leisure guests, together with golfers, and people exploring the northeast and Aberdeenshire.

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“Newburgh lies east of the A90 and is a former seaport and primarily stone constructed village close to the Sands of Forvie and Foveran Hyperlinks nature reserve, the rear of the lodge overlooking the 132-year-old Newburgh Hyperlinks Golf Membership which is famend for its distinctive {golfing} structure.

“Rear views are out in direction of the Ythan Estuary, Forvie Sand Dunes, Newburgh Seashore, and the North Sea.”

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