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Oldest Inn On Skye With Outstanding Views For Lease

Isle of Skye, Highland, UK
Freehold Price:
On request
Leasehold:
£80,000
Turnover:
Available on request
Net Profit:
Available on request

Stein Inn
Waternish, Isle of Skye, IV55 8GA

• Oldest Inn on one of Scotland’s most popular Islands
• 5 letting rooms all with sea views
• Bar/lounge, dining rms / breakfast rms
• Owners/staff/ self-catering flat
• Idyllic Lochside location with front and rear beer garden
• Well-presented & established business- perfect lifestyle opportunity
• Sits on the shores of Loch Bay, providing world renowned shellfish
• Suitable for chef operator/ family run operation

Leasehold: Offers in the Region £80,000
Freehold: Offers Invited

Business
Having bought the business in 2019, our clients only managed to trade for a short period of time due to the national lockdown and are now gearing up for the new season ahead. Previously the business had traded very well and established itself as a well-respected business on the island and as a result offers an excellent opportunity for any new owner/tenant to take forward across all 3 income streams. Our clients have also spent time and money developing the business by way of decoration, furnishings, equipment and building works. Its location is second to none with access to fresh sea food from the loch, on a daily basis and to take advantage of the best local produce making it perfect for a chef operator or as a family run operation. In order to fully appreciate what is on offer, a viewing would be highly recommended and for more information please refer to the website.

Website
www.thesteininn.co.uk

Property Information

Property:

Available as freehold and leasehold

Leasehold Type:
New
Lease Terms:

A new FRI lease will be offered on favorable terms. Further details will be discussed with interested parties.

Leasehold Rent:

£54,000 per annum

Living Accommodation:

Located on the first floor and with private access to the rear, this spacious flat comprises of open plan kitchen/living room with double bedroom and shower room.

Location:

The Stein Inn has an enviable lochside location on the banks of Loch Bay, within the crofting community of Waternish on the beautiful Isle of Skye, which is without doubt one of Scotland’s most popular and picturesque islands.
Due to its exceptional landscape, Skye is ideal for the outdoor enthusiast and offers an array of activities such as sailing, fishing, walking and visitor attractions to suit all tastes, from historic castles such as Dunvegan Castle which is the ancestral home of the Clan Macleod to the Talisker Whisky Distillery, the Old man of Storr and the Cullins, which are regarded as one of Scotland’s most iconic landmarks.
The village of Waternish is accessed from the A850 which connects the main A87, leading to Portree, the islands “capital”.

Premises Details:

Dating back to 1790, the Stein Inn is the oldest inn on the island and has a pleasing location within the small conservation village of Waternish, with enviable panoramic loch views. Sitting on the loch front the property is instantly recognisable due to its whitewashed façade, which sits comfortably amongst the surrounding cottages. Over the years the property has been sympathetically developed and extended, trading over 2 floors under a traditional pitched slate roof.

Internal Details

Access to the original building is via a hallway with stairs leading to letting bedrooms on the first floor with an office at the half landing. Access to all public areas on the ground floor.
Internally the property is of a traditional design incorporating exposed stone walls, wooden ceiling beams and sections of flagstone flooring, befitting a property of its style and age.
The property can accommodate c. 80 covers internally and c.30 covers externally.

Dining Room/Breakfast Room
Left of the entrance hallway this welcoming area is split between two rooms on an open plan basis incorporating an open fireplace and pleasing sea views over Loch Bay. The room can be partly split for private dining should this be required. Direct access to the kitchen at the rear.

Public Bar & Lounge
Located to the right-hand side of the entrance hallway you are immediately met with a welcoming bar area offering comfortable surroundings and a mix of traditional features including a feature wood burning stove. From the bar you walk straight through to the lounge which is of a similar design and once again the room benefits from views over Loch Bay. Male and female toilets are located to the rear of the lounge.

Red Room Dining Room
Leading from the bar on a lower level the Red Room is an additional dining area that overlooks the garden to the rear with access to the toilets at the back of the lounge. The walls are surrounded by wood panelling.

Letting Accommodation

All located on the first floor the property trades with 5 ensuite letting bedrooms, presented to an exacting standard throughout and having benefitted from a recent refurbishment. Each of the rooms have loch facing views to the front.

Energy Performance Rating:
G

Other Information

Related Documents:
Leasehold asking price:
£80,000

Contact Smith & Clough Business Associates

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