The Mormond Inn, a traditional 18th-century pub and hotel in Strichen, is to be auctioned on June 5 with a guide price of £145,000, following unsuccessful private sale attempts and a significant price reduction.
A historic pub and hotel in Strichen, known as the Mormond Inn, is set to go to auction after failing to attract a buyer through previous sale attempts. This establishment, which traces its origins back to the late 18th century, is poised to be sold to the highest bidder on June 5 at 2 pm, with an auction guide price of £145,000. This marks a significant reduction from the original asking price of £225,000 when it was first put on the market in July 2024.
The Mormond Inn, described as a traditional "drover's inn," is situated on Water Street and is noted for its extensive hospitality potential. It features a spacious riverside beer garden that offers picturesque views of the River Ugie, as well as a basement, two floors, and accommodation options including four guest bedrooms and an owner's flat. The description of the property highlights opportunities for expansion, noting that the original lettings on the first floor could be revived to create an additional source of income for future owners.
The location of the Mormond Inn is particularly advantageous, according to the sale documents, as it stands on one of Scotland’s Great Trails, the Formartine and Buchan Way, which suggests a potential for regular passing trade.
As this historic venue prepares for its auction, local interest is anticipated, with its long-standing ties to the community and its appeal as a hospitality business enticing potential bidders.
Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
9
Notes:
The narrative mentions specific details about an upcoming auction and recent market listings, which suggests that the information is relatively current. However, there is no explicit mention of very recent developments, which might slightly decrease the score.
Quotes check
Score:
10
Notes:
There are no direct quotes in the narrative, so there is no risk of misattribution or lack of originality.
Source reliability
Score:
8
Notes:
The narrative originates from a reputable regional publication, the Press and Journal, which is known for local news. However, it is not a globally recognised news outlet like the BBC or Financial Times.
Plausability check
Score:
9
Notes:
The claims about the auction process and the property's potential for expansion are plausible, especially given the context of the local hospitality industry and the strategic location of the Mormond Inn.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The narrative appears to be fresh with recent details, lacks any direct quotes, and originates from a generally reliable regional publication. The claims about the auction and property potential are plausible, supporting a positive assessment.
