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Luxury Holiday Let In Isle of Mull For Sale

Isle of Mull, Argyll and Bute, UK
Asking Price:
£275,000
Turnover:
Under £50K
Net Profit:
Under £50K

Offering an exciting opportunity to acquire a fully refurbished and well-established apartment located on the Isle of Mull, one of Scotland’s most beautiful Islands. Achaneil is in the most stunning of surroundings with uninterrupted views of Tobermory Harbour. The top floor flat sleeps up to eight guests and has been operating as a popular serviced apartment for the last few years, benefiting from the many tourists who visit the Island every year.


Bullet Points

Established Holiday Let Apartment
Fully Refurbished Throughout
Four Bedrooms
Fully Furnished
Turnkey Investment
Spectacular Harbour Views
Excellent Reviews
Energy Efficient


Location

Situated in the centre of the vibrant harbour town of Tobermory, within walking distance of local amenities. The town is a popular tourist destination and provides an excellent range of dining and shopping opportunities as well as offering primary and secondary schooling, a medical centre, churches, a golf course and a distillery.

The Isle of Mull is the second largest island within the Inner Hebrides. The island is accessed via a regular car ferry service from Oban to Craignure. Services from Lochaline and Kilchoan on the Morvern and Ardnamurchan peninsulas respectively are also available. There is a small airstrip at Glenforsa suitable for
private aircraft and a main line train service operating several times daily between Glasgow and Oban - some connecting directly with the ferries.

Mull boasts an extraordinary and diverse range of scenery, wildlife and leisure activities which brings large numbers of visitors throughout the year. The island also hosts several music and arts festivals plus the annual Tour of Mull car rally. In the sea surrounding Mull there are various trips provided to
local puffin and seal colonies and to Iona, as well as the island of Staffa where many tourists visit Fingal’s Cave.


Business

Achaneil currently operates as a luxury serviced accommodation apartment. It has been the location of many family get togethers, weekend breaks, special birthdays, family Christmas’s, and much more.

The business would make a fantastic addition to an already established hospitality operator as given its Scottish Island location offers a truly unique experience to guests. With four double bedrooms an open plan lounge, kitchen and dining area and two modern bathrooms the apartment is perfect for entertaining. The business operates all year round. Prices range from £700 to £900 per week and is let on an exclusive use basis. The accommodation is exceptionally stylish but timeless.


Property

The property is accessed from the street via a communal entrance and is located on the third floor. The entrance hall gives access to all four bedrooms. The open plan and recently fitted kitchen, lounge and dining area can be accessed from the entrance hall as well as the modern bathroom. The property has recently undergone a full refurbishment.

Trading Information

The business trades all year round and trading figures will be made available after a formal viewing has taken place.

Services

The property has mains water, electricity and mains drainage.

Tenure

This business / property is offered on the Scottish equivalent of Freehold.

Price

Offers over £275,000 are invited, including fixtures and fittings.

Summary

A truly unique opportunity to acquire an already established luxury, holiday accommodation business in a popular Scottish Island location. Viewing is highly recommended to truly appreciate the quality of Achaneil and the flexibility that the accommodation has to offer.

Inventory


An inventory will be compiled to detail all items of a personal nature excluded from the sale and the items that are subject to separate negotiation, this will be available to all parties wishing to offer.

Property Information

Property:

Freehold