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North-east hotel and bar joins village pub on the market

The Mason Arms
The Mason Arms

A popular north-east hotel has been put up for sale, shortly after a village pub in the region was also put on the market.

The Masons Arms in Rosehearty is been advertised for offers over £300,000.

At the entrance to the coastal village, the Masons Arms offers a bed and breakfast service with five bedrooms.

A spokesman for Fraserburgh property firm Brown and McRae who are handling the sale said: “The Masons Arms has been in the ownership of our private client for approximately 10 years and they have invested a lot of capital into the refurbishment of the hotel to what it is today.

“The original building has been extended in the past to accommodate an extremely spacious function hall and lounge bar.”

The hotel’s function hall has capacity for up to 100 people and the building has its own public bar.

The sale of the Masons Arms comes as another north-east establishment is also put on the market.

The Earl of Aberdeen Arms in New Deer, just over 10 miles away, is being marketed for offers over £200,000 after its current owners decided to retire. The inn is at the junction of local thoroughfares Auchreddie Road East and The Brae.

The three-storey building in the south of the Buchan village is on the main route between Ellon and Turriff.

Kevin Jackson, senior associate from property firm DM Hall, said: “This is an established family business which has been under its current ownership for the last 10 years and enjoys a loyal local following.

Mr Jackson said the pubs main income is still from drink sales and that the establishment has an “annual barrelage in the region of 312”. However he said the pub has potential to sell food and let upstairs rooms to increase its turnover.