THE OWNERS of Scalloway Hotel have put the business up for sale – meaning that four Shetland hotels have gone on the market in less than a year.
Caroline and Peter McKenzie feel the time is right to retire from the business after owning the award-winning hotel for 11 years.
The Scalloway Hotel, which has 23 en-suite rooms, has an asking price of £900,000.
The McKenzies helped Scalloway Hotel to success on numerous occasions at the Scottish Hotel Awards, while its restaurant is the only local establishment with an AA rosette.
Among its accolades is the informal fine dining hotel prize which was won at the Scottish Hotel Awards last year.
Back in 2016 the business also became the first hotel in Scotland to become an accredited living wage employer.
It has played host to a number of big names, with then-Prime Minister David Cameron visiting in 2014.
Caroline McKenzie, who used to lead BBC Radio Shetland before taking on the hotel, said the couple plan on moving back south to be closer to family.
She added that they were “very proud” of what they have achieved with the hotel over the last 11 years.
“We set out to have somewhere that would showcase Shetland produce,” she said. “That was very important to us when we set up the restaurant.
“We’ve built up a really good reputation, which is hard work in itself, to build up a reputation for good food, nice rooms and good service.
“We hope we’re passing on a good business to somebody that wants to take it on.”
McKenzie stressed it was still “early days” in the process, with the hotel going on the market the first step towards the couple’s retirement.
Become a supporter of Shetland News
Shetland News is asking its many readers to consider start paying for their dose of the latest local news delivered straight to their PC, tablet or mobile phone.
Journalism comes at a price and because that price is not being paid in today’s rapidly changing media world, most publishers - national and local - struggle financially despite very healthy audience figures.
Most online publishers have started charging for access to their websites, others have chosen a different route. Shetland News currently has over 420 supporters who are all making small voluntary financial contributions. All funds go towards covering our cost and improving the service further.
Your contribution will ensure Shetland News can: -
- Bring you the headlines as they happen;
- Stay editorially independent;
- Give a voice to the community;
- Grow site traffic further;
- Research and publish more in-depth news, including more Shetland Lives features.
If you appreciate what we do and feel strongly about impartial local journalism, then please become a supporter of Shetland News by either making a single payment or monthly subscription.
Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.Support Shetland News