Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

NC500 Loch View 4 Bed Holiday Let Business For Sale

Lochinver, Highland
Asking Price:
£200K - £500K Furniture / Fixtures included
Turnover:
Under £50K
Net Profit:
Under £50K

Long established and fully booked holiday let, located directly on one of the most scenic parts of North Coast 500 route. Victorian house - Refurbished to a very high standard with additional plot of ground/potential to expand. Currently 4 beds. Lets at £1000+ per week (turnover & profit figures on request). Lovely direct loch views from every room. Situated in small, friendly village with pub and shop, yet unspoiled hill walking and good fishing right outside. Local yacht mooring also possible (5 mins walk to shingle beach/ sea bay). Has excellent online reviews. Trading under this owner since 2011.
Could also be a B&B/ lifestyle opportunity: Scope to reconfigure the house/construct an owner's annexe/extend the house, on large garden plot: OR - Additional, ocean view 2 bed cottage available by separate negotiation, if "ready to move into" solution is required - see "Expansion Potential" section below.
FEATURES: Full of character. Open fire. Exposed drystone walls. Wooden & tiled floors. Electric aga.
ROOMS: 30m square beamed kitchen with vaulted ceiling. 2 lounges. Main lounge/TV room has 3 large picture windows directly looking over loch and french doors to patio & garden. 4 double bedrooms. Luxury shower room. Family bathroom. Separate WC & utility room.
OTHER: Sale to include websites/listings all with good rankings. Property is held in a company - can sell either as a trading company, or as a property purchase. Currently enjoys Scotland small business rates exemption (ie. no council tax payable if continues as a commercial holiday let).
PRICE: OIEO £340,000 invited.
[price includes aga and aga companion, all appliances and equipment and high quality trading contents - full list on request].

Property information

Property:

Freehold

Living Accommodation:

Could, if desired - be easily re-created in what is currently the kitchen. This was previously a self contained dwelling. There is already a suitably located shower room.
(or - see above - alternatively there is an option to acquire additional owner's cottage with ocean views, if desired, by separate negotiation. Details on request).

Location:

Located in a small North West Highlands village with pub and shop. 50 mins drive north of Ullapool, 35 mins to Lochinver. 5 mins walk to (shingle) beach/Atlantic Ocean and directly overlooking scenic freshwater Loch. 15 mins drive to sandy beaches.

Premises Details:

Detached 4 bed traditional stone build property on large plot, sheltered and above village road, with direct loch views from every room. Attractive garden including outside seating areas. (Patio, decked bbq area)

Size in square feet:
1,700
Planning Consent:

Please ask.

Energy Performance Rating:
D

Business Operation

Expansion Potential:

1. Annexe/Extension:
There is a walled garden area with flat plot of circa 60sqm adjacent to the house (above the front garden), also with beautiful loch views, that would be suitable for extension/ additional annexe or studio, or possible owners accommodation if desired subject to appropriate consents.
2. Reconfigure house to create owners studio plus B&B:
The house itself was previously 2 properties (former vaulted ceiling annexe/ owners accommodation is now a very large 6mx5m kitchen). This could be readily reconfigured to provide a smaller holiday let or 3/4 bed B&B together with owners accommodation if so wished.
3. BY SEPARATE NEGOTIATION - for those seeking a unique "lifestyle" opportunity - we would consider additionally selling a separate 2 bed crofters cottage, 3 minutes walk from the main house (directly behind it), which is peacefully located & has stunning direct ocean views. This is in "walk in" condition (newly refurbished) and would provide owners' accommodation comprising: 2 double beds/1 bath/1 sitting room with open fire, kitchen with gas fired aga-rayburn and porch, garden & parking. There would be substantial income from the large 4 bed house, especially if run as a B&B instead of holiday let, at the going local, per night, per room rate of circa £75/room/night). - FOR BOTH PROPERTIES we would seek offers in the region of £495k.

Competition / Market:

This is one of the few larger properties in the area (sleeps 8-9). Typical guests are groups of hikers/fishers or families. Other properties in the area are mostly B and B. There is a general shortage of higher standard accommodation along this stretch of the increasingly popular NC500 as a result the house is seeing good growth in bookings (2018 almost fully booked May to October) with a more extended season than hitherto, of around 26-28 weeks in total.

Reasons for selling:

Personal relocation

Years established:
7

Other Information

Support & training:

A handover and help in familiarisation with websites and automated booking software can be provided if required.

Financing available:

The property previously had a holiday let mortgage, based on annual accounts history. Details can be provided in request.

Furniture / Fixtures value:
£10,000 - included in the asking price
Website:
Login or register to view link

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here