Historic Nether Abbey Hotel sold after over 60 years of family ownership
North Berwick- The Nether Abbey Hotel in North Berwick, a four-star boutique property on Scotland’s Golf Coast, has been sold, by specialist Hotel + Leisure agents Colliers and Graham + Sibbald, acting jointly. Offers around £1.8 million were invited for the heritable interest. Buzzworks is entering the hotel sector for the first time through this acquisition.
Opened in 1957 and run by the Stewart family for more than 60 years, The Nether Abbey Hotel occupies a red sandstone building and has established itself as a welcoming, high-quality destination for visitors, golfers, and the local community. The 12-bedroom, three-storey hotel features extensive bar, restaurant, private dining, and function spaces, including a conservatory restaurant opening onto an outdoor terrace plus there is a versatile music and function room.
Situated, with an eye-catching location, on North Berwick’s main coastal road from Edinburgh, the property offers easy access to sandy beaches, the harbour, world-class golf courses, and has on-site parking. Continuous investment over the past two decades has upgraded public areas and letting bedrooms, ensuring a first-class four-star experience and attracting both repeat local custom and visitors from the UK, Europe, and North America.
Kenny Blair, Managing Director at Buzzworks, said: “North Berwick is one of Scotland’s special coastal towns, and an outstanding location for our first move into the hotel sector. This hotel has been an important part of the community for decades, and we are committed to honouring that legacy while bringing a fresh, modern Buzzworks experience to both locals and visitors alike. A central part of our vision is to build buzzing pubs and restaurants that people love, and the atmosphere of staying above one of Scotland’s most loved hospitality venues is something genuinely unique.”
Stirling and Jela Stewart, from The Nether Abbey Hotel, added: “After more than 60 wonderful years in our family, we are incredibly proud of the legacy of The Nether Abbey Hotel and the role it has played in the North Berwick community. Buzzworks shares our values of providing quality, service and community spirit, and we’re confident the hotel is in excellent hands as it begins its next chapter.”
Alistair Letham, Hotel Consultant with Graham + Sibbald Hotel + Leisure commented; “The Nether Abbey Hotel is a North Berwick institution and the sale to Buzzworks is an exciting new project for them. A pleasure to work with the Stewart family on the sale.”
Robert Smithson, Director in Hotels team at Colliers, commented: “The Nether Abbey Hotel is a rare and highly regarded four-star boutique property in one of Scotland’s most desirable leisure and golf destinations. We’re proud to have advised on the transaction and to have achieved a successful outcome for all parties.”
For more information on this fantastic property and business opportunity please contact :- Alistair Letham Alistair.letham@g-s.co.uk OR Katie Tait Katie.tait@g-s.co.uk
Graham + Sibbald has over 250 employees and 27 partners working across it’s 22 UK offices in Scotland and England.