Hospitality Properties for sale in Oban, UK

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More details for Lerags, Oban - Hospitality for Sale

Lagnakeil Highland Lodges - Lerags

Oban, PA34 4SE

Hospitality for Sale
£1,149,500
13,794 sq ft

Oban Hospitality for Sale - Lochaber/Skye/Lochalsh/Arran

Lagnakeil Highland Lodges presents a rare opportunity to acquire an established and profitable holiday lodge business being sold as a going concern within one of Scotland’s strongest tourism and leisure destinations. The business has developed a strong reputation within the west coast holiday market and benefits from a highly attractive trading location close to Oban, which continues to experience strong visitor demand throughout the year. The property offers a diverse mix of accommodation together with an attractive site extending to substantial grounds, creating clear opportunities for future expansion and further commercial development. The sellers have identified potential for the development of 9 or more additional holiday lodges together with 7 or more glamping pods and earmarked further development for potential additional lodges, subject to obtaining the necessary planning consents and statutory approvals. This presents a significant opportunity to increase visitor capacity, occupancy levels and overall trading performance. Importantly, the site includes additional undeveloped land and various areas which may lend themselves to further tourism, leisure or ancillary development opportunities. There may also be scope to reconfigure or enhance certain parts of the existing site to maximise operational efficiency and revenue generation. Purchasers may therefore identify further opportunities to expand the accommodation offering, diversify income streams or further enhance the overall visitor experience. The business is currently operated successfully under management, which may appeal to investors seeking a semi-passive hospitality investment. Equally, the property is considered well suited to range of operators looking to further develop and grow an already established business within a highly desirable west coast location. The surrounding area continues to benefit from strong tourism fundamentals driven by Scotland’s growing staycation market, outdoor tourism sector and increasing demand for high-quality self-catering accommodation. Oban’s position as the “Gateway to the Isles”, together with its busy events calendar, ferry links and proximity to some of Scotland’s most scenic landscapes, continues to support strong visitor demand across the wider region.