A superb holiday letting business with owners accommodation available for sale in the Scottish Highlands. Owners cottage, detached letting properties and 4 three bedroom lodges included. The site also benefits from Outline Planning Permission for a further 4 lodges and another residential property.
- Asking Price:
- £1,400,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- £100K - £200K
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
A detached 2 storey stone farmhouse constructed in 1868 is included in the sale. The cottage has a kitchen leading to an open plan living room with dining area at ground floor level, along with a shower room and wc. The first floor includes 2 bedrooms, one of which is currently utilised as a bedroom with the master bedroom leading through to a large walk-in wardrobe and shower room.
- Location:
-
Ardgarry Farm is situated near the village of Invergarry just off the A87, the principal tourist route providing access to the Isle of Skye off the west coast of Scotland. The property sits in a rural location with superb surrounding views, east of Loch Garry and between Loch Lochy to the south and Loch Ness to the north.
Drive time to Inverness is around 75 minutes via the nearby A82 with Glasgow just over 3 hours’ drive to the south. You can reach the Isle of Skye bridge in a round an hour by car. Drive time to the closest large town, Fort William, is just 40 minutes.
The holiday letting business is popular with guests exploring the Highlands or as a stop off before heading further north.
A few miles to the south of the property, commercial development includes the proposed £1.5 billion Coire Glas power station above Loch Lochy which will double the UK’s electricity storage capacity. An 8 year construction phase will increase accommodation demand in the area, particularly in the quieter tourist periods.
- Premises Details:
-
Ardgarry Farm includes the owner’s Farmhouse, a detached cottage built in 1868 (main photo below) with kitchen, lounge and dining area at ground floor level and 2 bedrooms and a shower room at first floor. The smaller bedroom is currently utilised as an office with the master bedroom including a large walk in wardrobe. A shower room and toilet is also provided at ground floor. A self contained double ensuite bedroom is provided at ground floor level within the farmhouse with separate external access from the courtyard. This bedroom is utilised as B&B accommodation. The Summer House (below right) is a single storey detached property which includes a self contained one bed apartment with open plan living area and kitchen and a double ensuite bedroom. There is also a linen store provided in the Summer House.
The Coach House (right photo) is a detached 2 storey property also built in 1868 which is used for short to medium term letting purposes. The ground floor includes a lounge and kitchen, with 2 bedrooms and a shower room situated at first floor level.
The Garage is a detached property between the Summer House and The Coach House which has been converted to provide significant storage space and a laundry facility at ground level with further storage at attic level. This building also has development potential to provide letting/staff accommodation (STPP).
- Planning Consent:
-
Outline Planning consent has been approved for the development of 4 additional lodges in the upper field an a detached residential house. The outline planning means that the current plans can be amended by a new owner if required (subject to approval from the local planning board) The detail can be seen further on The Highland Council Planning Portal with reference 23/05407/PIP
- Energy Performance Rating:
- D View EPC Graph for this property
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is obviously huge scope to increase the existing letting stock by developing in the upper and lower paddocks, with Outline Planning Permission already having been granted for an additional 4 lodges and a residential house in the upper field. Outline Planning Permission of course means that a new owner could amend the development appraisal.
- Reasons for selling:
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Retirement sale
- Trading hours:
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March - October and December and January to take advantage of Christmas and New Year periods, 10 months of the year.
- Employees:
- 2
- Years established:
- 9
