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Serviced Apartments for sale in the PH36, Acharacle

More details for The Byre, Acharacle - Hospitality for Sale

Loch Shiel Hotel - The Byre

Acharacle, PH36 4JL

Hospitality for Sale
£550,000
6,500 sq ft

Restaurant

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

Impressive 8 bedroom Country House Hotel on the banks of Loch Shiel Enviable location with uninterrupted views across the Argyll Countryside and Loch Extensively refurbished Bar Lounge & Restaurant offering charming spaces Welcoming letting rooms and cabin as well as 2 bedroom owners accommodation Wonderful opportunity to Acquire an Established Hospitality Business Loch Shiel Hotel is a great opportunity to purchase a fantastic county house hotel with uninterrupted waterfront views across Loch Shiel. The property is a detached former villa of stone construction under a pitched slated roof. To the rear of the property there are two detached properties which currently offer staff accommodation and a self-contained holiday let. There is also an outbuilding which provides a commercial laundrette. The Hotel has been extensively redeveloped over the years offering charming accommodation which seamlessly blends traditional features with modern commodities to provide a true sense of the best of Scottish Hospitality. The property offers 8 welcoming en-suite bedrooms all with outstanding views across the Loch and picturesque countryside. With its charming traditional features, the Bar/Lounge and restaurant offer fantastic spaces to enjoy a nip or taste some Scottish cuisine, whilst soaking in the outstanding views across the Loch. From a business perspective, the Loch Shiel Hotel offers a great opportunity to run a well-established business in the picturesque tourist area of Argyll and Bute. The Business has already established a stellar reputation and a loyal customer base, attracting visitors from near and far throughout the year. The attention to detail and tasteful refurbishment means the property is attractive to a wide range of customers future proofing the business. The sale is due to the owners retiring. 8 X en-suite letting bedrooms 1 X self-contained one bedroom holiday cottage The Turnover of the business was £356,000 in the year ending January 2023. We understand this will increase to over £400,000 in the year end 2024. Mains drainage, electricity and water are all connected to the property. LPG gas is supplied in cylinders and there is an oil tank for central heating. CCTV and Burglar Alarms are installed. There is a zonal fire alarm system. Fixed price £550,000 is sought for the heritable (freehold interest) interest in the property, the trade fixtures, fittings, furnishings and equipment, together with the goodwill of the business, which is being sold complete as a going concern. Stock in trade will be sold at valuation on the date of entry.