Built in 1866, the hotel was a popular destination in its prime.
A number of structural issues have arisen as the building decayed, including the partial collapse of the rear extension.
The council bought the site thanks to a new scheme introduced by the King’s and Lord Treasurer’s Remembrancer (KLTR), external, the Crown’s representative in Scotland dealing with ownerless properties.
Officers from the council worked with KLTR to gain ownership of the property through the Ownerless Property Transfer Scheme (OPTS).
The council paid £1 and the KLTR’s external costs for the building.
The KLTR formally launched the OPTS on 1 March this year to make it easier for local authorities, public bodies, and community groups to transform neglected and ownerless buildings for local benefit.
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