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Refurbished Hotel/ Bar/ Restaurant In Oban For Sale

Oban, Argyll and Bute
Asking Price:
£30,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

The current owner has now owned the property for approximately 3 years carrying out a full re-fit during his first year of ownership but has been unable to dedicate the amount of time required to push the business and take advantage of its wonderful location and facilities on offer.

The bar continues to trade well with a loyal local following. Currently The Boathouse Restaurant is only used for functions such as birthday parties, family celebrations and funerals. There is undoubtedly scope to develop this aspect of the business and to make further use of the well presented beer garden just off.

The Rockport Hotel offers a fantastic opportunity for a hands-on couple looking to develop a business in one of the most desirable parts of the country in a property which has recently undergone significant investment. Our client will offer the business with a low premium of £30,000 and a starting rent in year one of £21,000 + VAT, year two £23,000 + VAT and year 3 £25,000 + VAT.

There is potential to purchase the freehold property at the price of £350,000.

If this business is of interest please contact Cornerstone Business Agents below.

Property information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

New Lease. Our client will offer the business with a low premium of £30,000 and a starting rent in year one of £21,000 + VAT, year two £23,000 + VAT and year 3 £25,000 + VAT.

Leasehold Rent:

£21,000 per annum

Living Accommodation:

Owners room.

Location:

Oban, Argyll & Bute.

Premises Details:

The property is formed over 3 floors and is set within a parade of other businesses and residential properties. Parking is available directly outside and in the surrounding areas.

Other Information

Related Documents:

Contact Broker

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