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Exceptional Hotel Opportunity On Scotland's Isle Of Mull For Sale

Isle Of Mull, Argyll and Bute, UK
Asking Price:
£1,350,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

The Glenforsa Hotel is set upon an impressive 7.83-acre (3.17 hectare) freehold site, incorporating extensive woodland, landscaped grounds and
areas of open space overlooking the Sound of Mull. The principal hotel building is a distinctive Norwegian-style property dating from 1968, positioned to take full advantage of the surrounding landscape and waterfront setting. The grounds incorporate the two separate Scandinavian-style cabins, a detached two-bedroom owner’s chalet, customer parking for approximately 25 vehicles, beer garden and external seating areas, together with established woodland and paths leading towards the shoreline.

The scale and character of the freehold grounds provide considerable privacy and create an attractive platform for future enhancement or alternative uses, subject to the necessary planning and regulatory consents.*Idyllic Hotel Opportunity on the Isle of Mull

  • Trading from April-Early October each year
  • 14 en-suite letting rooms, 1 cabin with private bathroom, 1 self catering lodge
  • Bar and Restaurant with stunning views of the adjacent airfield and the Sound of Mull
  • Sitting on 7.83 Acres of land with huge potential for future growth opportunities
  • NET T/O in excess of £500,000, Adjusted EBITDA in excess of £150,000.

Property Information

Property:

Freehold

Location:

The hotel is conveniently positioned approximately midway between Craignure and Tobermory, providing an excellent base from which guests can explore the island and its many attractions. The property is approximately 10 miles from Craignure, the principal ferry arrival point from Oban, with the
journey providing an immediate introduction to Mull’s spectacular scenery. The hotel can also be accessed via the Lochaline–Fishnish ferry, providing an alternative mainland connection through Morvern and the West Highlands.

The Isle of Mull is one of Scotland’s premier island destinations, renowned for its dramatic coastline, beaches, mountains, lochs and abundant wildlife.
The island attracts visitors seeking walking, wildlife watching, fishing, photography, outdoor pursuits and a genuine escape from everyday life, while nearby attractions include Tobermory, Duart Castle and Iona. Glenforsa itself benefits from an exceptionally scenic setting, with uninterrupted views across the Sound of Mull, private woodland, beach access and the distinctive backdrop of the surrounding Highland landscape.

Listed by

Scottish Business Agency