Commercial Property in Kyleakin available for sale
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Commercial Properties for Sale near Kyleakin, UK

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More details for Castle Moil Restaurant & King Haakon Bar, Kyleakin - Retail for Sale

Castle Moil & Bar - Castle Moil Restaurant & King Haakon Bar

Kyleakin, IV41 8PL

  • Retail for Sale
  • £695,000
  • 754 sq ft
  • 24 Hour Access

Kyleakin Retail for Sale - Lochaber/Skye/Lochalsh/Arran

Highly attractive and profitable bar and restaurant in a beautiful coastal location in the village of Kyleakin. The accommodation comprises a 3-bedroom owners flat, 7-bed bunk room and 2 staff bedrooms. Kyleakin occupies a strategic gateway position at the entrance to the Isle of Skye, immediately after crossing the Skye Bridge from the mainland. This prime location ensures strong visibility and consistent passing traffic from visitors arriving on the island. The village is also home to the historic ruins of Castle Moil, reinforcing its appeal as a visitor destination. Its position as the main access point to Skye provides a strong trading environment for hospitality and retail businesses, combining year-round local custom with substantial seasonal tourism. The Property The original parts of Castle Moil Restaurant & King Haakon Bar date back to the early 1900s, with the section where the shop now operates forming the earliest part of the building. Further extensions were added in the 1960s and subsequently. The property is of predominantly modern construction, set beneath a pitched tiled roof, with some flat metal roofing to the rear. Arranged over two floors, the property benefits from open sea and mountain views. All public trading areas are located on the ground floor, providing straightforward access for customers, including less able guests, and there is a disabled W.C. The business is well presented throughout and offers a fully established trading environment in a highly prominent waterfront setting. Owner’s accommodation is located on the first floor and provides flexible space suitable for extended family use, staff accommodation, or potential holiday letting, subject to the necessary consents. The shop unit is currently operated under lease. Extending to approximately 70m², it trades as a mixed convenience and gift shop and serves as a well-used village amenity. The lease provides an additional income stream while also generating footfall that benefits the restaurant and bar operations. Owners Accommodation An attractive feature of the property is the spacious first-floor owner’s accommodation, accessed via a rear stairway. The main living area comprises three bedrooms, including two large double rooms and one single room, alongside a well-appointed family bathroom with a shower over the bath. A generous kitchen/dining area and comfortable lounge provide practical and flexible living space. Also on the first floor are two additional bedrooms, one with an en-suite shower room and dressing area, together with a bunk room configured with seven beds (five singles and one double) served by a separate shower room. A communal area includes a utility space. This accommodation has historically been used for staff and visiting musicians and offers flexible use for extended family, continued staff accommodation, or potential conversion to a supplementary income stream, subject to the necessary consents. Rates / Council Tax The property comprises both business and residential elements. The business components have rateable values as of April 2023 of £27,000 for the main business (ref: 04/05/00850/5) and £6,346 for the shop (ref: 04/05/001855/0). Eligible businesses may benefit from a discount under the Small Business Bonus Scheme, which could reduce the payable business rates. The business benefits from mains electricity, water and drainage. LPG gas for cooking. The building has electric heating throughout, including two effective wall-mounted air con units in the bar. The property is mainly double glazed and has a functional fire alarm.

Contact:

ASG Commercial

Property Subtype:

Restaurant

Date on Market:

24/09/2025

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Commercial Properties for Sale Within 5 miles of the Kyleakin, UK

FAQs about Commercial Properties For Sale in Kyleakin

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How many Commercial Property listings are available for sale in Kyleakin?
There are currently 2 Commercial Properties available for sale near Kyleakin. These Kyleakin Commercial Property listings have an average size of 754 sq ft. The largest available listing in Kyleakin is 754 sq ft. The thriving commercial centre and excellent transport links in Kyleakin make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Kyleakin?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Kyleakin currently range from £691 to £691 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Kyleakin?
There is a diverse range of commercial properties available in Kyleakin to suit various business needs. Kyleakin offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 Kyleakin commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Kyleakin, UK

Market Overview for Commercial Properties in Kyleakin

Key information for Commercial Properties investors in Kyleakin and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Kyleakin £691 754 sq ft
Kyle £204 2,437 sq ft
Broadford £108 4,099 sq ft
Strathcarron £173 2,391 sq ft
Isle Of Skye £148 2,099 sq ft

Rental Price Trends in Kyleakin

The price per square foot range for Commercial Properties in Kyleakin and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Kyleakin £691 £691 £691
Kyle £166 £204 £241
Broadford £108 £108 £108
Strathcarron £95 £173 £251
Isle Of Skye £105 £148 £190

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Kyleakin area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Kyleakin 754 sq ft 754 sq ft 754 sq ft
Kyle 1,873 sq ft 2,437 sq ft 3,000 sq ft
Broadford 4,099 sq ft 4,099 sq ft 4,099 sq ft
Strathcarron 893 sq ft 2,391 sq ft 3,888 sq ft
Isle Of Skye 1,632 sq ft 2,099 sq ft 2,737 sq ft

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