£3m rescue deal saves The George Hotel

Administrators overseeing the sale of the historic 24-room Scottish boutique hotel, The George, have sold the business, its contents and a residential dwelling to a duo of experienced hotel operators for £3.05m, a deal that will save up to 43 jobs in Inveraray.

The hotel is situated on a one-acre site on the western shore of Loch Fyne and has won numerous accolades for its services.

Kevin Mapstone and Kenny Craig of Begbies Traynor were appointed as joint administrators of the Inveraray Inn Ltd, which trades as the George Hotel, on 28 March this year. With an agreement reached, Charlie Maclachlan and Sam Wignell of Fyne Hospitality now head up the business. 

'More than just a building'

“The George Hotel is more than just a building, it’s the beating heart of Inveraray, steeped in character and beloved by locals and visitors alike," says Maclachlan. "With deep personal ties to the area and decades of combined experience in hospitality, we’re incredibly proud to take stewardship of this iconic institution."

Wignell adds: “Our vision is simple: preserve the heritage, elevate the experience and ensure The George remains a celebrated destination for generations to come. From its award-winning food and vibrant pub atmosphere to its historic rooms and unbeatable setting on Loch Fyne, The George has all the ingredients of a world-class hotel."

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