Castle Moil & Bar Castle Moil Restaurant & King Haakon Bar 754 sq ft Retail Property Kyleakin IV41 8PL £695,000 (£921.75/sq ft)

Offers over £695,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation. Alternative sale options may be available, contact the selling agents for further information.
Highly attractive and profitable bar and restaurant in a beautiful coastal location in the village of Kyleakin.
The Castle Moil Restaurant & King Haakon Bar is a most attractive business opportunity within a stunning coastal setting providing access to some of the most awe-inspiring scenery the Highlands of Scotland has on offer. A substantial detached property situated in the village of Kyleakin on the ever-popular tourist destination that is the Isle of Skye, the business has a significant footprint within a lovely and central village setting.
This well-presented business benefits from open views towards the Loch and hills making it a destination location. The business presents a large trading entity which is summarised as a significant restaurant to seat around 70 covers for normal service, and up to 100 for functions plus a bar which can hold over 100 guests. To the front and loch-side of the building is external seating to accommodate up to 90 covers, which is popular during warm spring and summer evenings.
The popular retail unit is currently leased on an open-ended contract but vacant possession can be provided, if required. This shop unit extends to around 70m2. In addition, there is flexible accommodation on the first floor including a spacious 3-bedroom owners flat which would be ideal for a family / partnership operation. In addition, there are 2 further rooms set aside for staff use, one being en-suite, plus a 7-bed bunkroom. The provision of extensive family / staff accommodation lends itself to an extended family lifestyle business or a chain operator trading under management.
The owner first purchased the business in 1997 and sold it in 2007. In 2012 he re-acquired the business which has, during his 2 periods of ownership, provided an excellent quality of life and a sound investment. The business is a highly profitable and sustainable trading proposition both in terms of income and the infrastructure. It is the vendors desire to retire that brings the property onto the market.