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ASG seeks offers for prestigious Elgin townhouse

The Lodge guesthouse in Elgin
The Lodge guesthouse in Elgin

A 19th Century mansion in Elgin that reputedly once belonged to a wealthy tea plantation owner is on the commercial market at offers over £599,000.

Now a nine-bedroom guesthouse, The Lodge has been described as pone of the most outstanding townhouses in the Moray town.

The property, which dates back to 1895, has been owned by David and Marilyn Spence since 1995.

Selling agent ASG Commercial said: “It has offered them an enjoyable, rewarding and successful lifestyle.

“Running the business to suit their own trading preferences has resulted in much repeat trade and the forging of many friendships with regular guests.

“It is their imminent retirement that brings this excellent home and income opportunity onto the market.

“New owners could enjoy the established profitable trading pattern as presented, or alternatively aim to further develop the business and exploit the existing latent potential.”

Inverness-based ASG added: “Trade is buoyant and the business operates very profitablyon purely a restricted bed and breakfast basis

“Evening meals could be offered to further build turnover together with wine and spirit sales, subject to licensing consents. Accommodation could also be expanded.”