Landmark hotel in same family for seven generations for sale

This is a hotel that has been in the same family 165 years, and an appeal was then made for people to rally round while a buyer is sought for the business.

The George Hotel, which is just yards from the Loch Fyne shore in Inverary, was overwhelmed by historical debts.

The debts impacted the critical cash flow of the business, the administrators said. Around 60 jobs were put at risk.

The hotel is near the shores of the loch. (Image: Google) The news about the George Hotel came in recent weeks with the industry on a precipice as a new wave of tax increases were due to come into force at the time.

I know of one hospitality business with a head count of 30 adding £20,000 a year to outgoings on its national insurance…