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Christie + Co markets Burnside portfolio

August 28, 2010

Acting on behalf of Blair Nimmo, Gary Fraser and Neil Armour of KPMG, Joint Administrators of Burnside (UK) and Burnside Inns Ltd, Christie + Co is marketing a package of Stirlingshire-based hotel, pub and restaurant businesses.

Burnside (UK) owns and operates the Plough Hotel in Stenhousemuir and the Graeme, a hotel, bar and restaurant in Falkirk. Burnside Inns Ltd owns and operates the Red Lion, in Larbert, Stirlingshire.

The Graeme comprises 14 bedrooms, including 10 en suite, an open-plan bar/restaurant, dining room, beer garden and car park.

The seven-bedroom Plough Hotel is situated in Stenhousemuir town centre and features a public bar, restaurant/coffee shop, function suite, adjacent dining room and meeting room, and car park.

The Red Lion, which comprises a 14 en suite bedroom hotel, a Champagne bar, a breakfast room and Chinese takeaway service.

All three businesses, which are available individually or as a package, are continuing to trade.

Brian Sheldon, Director at Christie + Co, said: “All three businesses are in a good condition and benefit from established local customer bases. We therefore expect the businesses to generate significant interest from experienced operators and local developers.”

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