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Outstanding small Inn in an excellent central trading position in the village of Kilmichael Glassary
It comprises four comfortable letting bedrooms, restaurant and bar
Strong income levels and solid profitability
Self-catering apartment and owners accommodation
Fantastic opportunity to own this attractive business and take it to the next level
Freehold
The owners currently use the flat above the main kitchens as their accommodation It has been recently decorated and fitted out, bringing it to market in excellent condition. The accommodation comprises a lounge, dining room, and kitchen with open fire set in an attractive feature period stone wall, master bedroom, box room (which is currently being used as a child’s bedroom), a shower room and a private garden. The rooms have lovely proportions and plenty of space. This part of the property could be used as self-catering accommodation if that was desirable.
LOCATION
The inn is located in the village of Kilmichael Glassary, a village in the Knapdale area. Knapdale is an extremely scenic area of Scotland and is set within the historic Kilmartin Glen. This traditional inn is 1.4 miles from the Iron Age hill fort of Dunadd, 4.3 miles from Temple Wood Stone Circles, and less than 5 miles from the Nationally Significant Kilmartin Museum. Knapdale is renowned for the various bronze and iron age sites located throughout the area. The area also has a number of historic buildings: the 11th-century Castle Sween, Kilmory Knap Chapel, Keills Chapel, Arichonan Clearance Village, and Carnasserie Castle.
Route 78, part of the National Cycle Network, runs from Campbeltown to Inverness and passes close to the Inn, where the route takes to the Crinan Canal towpath.
Knapdale is also rich with attractions, including dramatic scenery over the coast and mountains as well as Oban’s famous distillery. Oban is one of the most popular tourist destinations within the West Coast of Scotland, hosting up to 25,000 people during the tourist season and boasting a magnificent sandy beach known as 'Ganavan sands'. There are regular ferry trips from the town centre harbour to the surrounding islands, including Mull and Iona. To the south, ferries run from Kennacraig to Islay and Colonsay. Due to the shelter the Inner Hebridean Islands provide, this area of the west coast is very popular with yacht owners, as the sailing is also among the best in Scotland. The inn is located towards the northern edge of the Loch Sween Marine Protected Areas.
Visitors can see a wide range of wildlife, such as beavers, red squirrels, ravens, pine martens, beavers, ospreys, and otters, along with a wide range of plant, lichen, and bryophyte species that thrive in Argyll's Atlantic Rainforest, a uniquely rare and endangered environment. Another local nationally important reserve is the Moine Mhor National Nature Reserve, which is a bog showpiece covering over 500 ha.
The town of Lochgilphead is well served, having a community hospital with a GP practice, a swimming pool, petrol stations, a bank, various shops and restaurants, secondary and primary education within the town, and a golf course. The town is also on the Scottish City Link route, connecting the town with the central belt and beyond.
The Horse Shoe Inn is a successful licensed inn in an excellent trading location, in the centre of the bustling Highland village of Kilmichael Glassary, in the heart of Argyll and Bute. This striking building was built in 1798 and is of traditional construction, with painted stone walls and a slate roof. Over the years, the building has been sympathetically adjusted and extended to the rear, resulting in the well-configured building we see today. The business enjoys income across all three traditional revenue streams of beverage sales, catering, and accommodation provision, with no overdependence on any.
The exceptionally spacious bar, together with a covered external seating area, attracts a tremendous level of support from locals, tourists, and business clients alike. The restaurant and bars benefit from a delightful traditional backdrop coupled with stylish, high-quality décor. The inn offers an excellent range of draft beers, spirits, wines, and minerals, which are complemented by a comprehensive and popular bar menu for diners. The high-quality food and beverage operation combined with welcoming staff and smart, well-equipped, modern facilities give the bar a deservedly superb reputation—5 stars on TripAdvisor, where it is rated the number 2 restaurant in the local area.
The public areas are all freshly decorated and cleverly considered to create a different ambience in each space, offering attractive and flexible alternatives for guests. Contemporary lighting, smart new floor finishings, and stylish furnishings combine to create a fresh, modern setting in which to enjoy a relaxed drink or sample the delights of the great food offered. Meals are freshly prepared using locally sourced produce where possible.
The business benefits from an exceptional one-bedroom self-catering apartment with separate entrance and secure garden, as well as a 1-2 bedroom owners’ accommodation. Both areas are also finished to an extremely high standard.
BUSINESS OPERATION
The business operates 5 evenings per week, providing wet and food sales in the evening. The trading hours are the lifestyle choice of the owners and offer the scope to extend the opening hours should the new owners desire. Currently, the owners are not letting out the delightfully finished letting bedrooms (although they have done so in the past year). This is again a lifestyle choice and presents another opportunity to new owners to expand the business without incurring any significant additional costs.
THE PROPERTY
The Horseshoe Inn is a detached property of traditional construction. Stone built under a slate roof; the subjects are arranged over two levels. To the rear of the property is a large barn, which is currently used as storage. To the side of the barn is a good-sized private rear garden, which is part of the owner’s accommodation. The building has lapsed planning for 2 cottages, offering the opportunity to reapply for development, although new owners should satisfy themselves that this can be successfully reapplied for. There is also the potential to fit this area out to compliment the operation of the Inn.
PUBLIC AREAS
The Inn’s main entrance opens into the welcoming reception hallway. To the left is the spacious restaurant and to the right are the comfortable bar areas. All areas are excellently presented and specifically tailored to suit the different function of each space. All areas are fitted with modern flooring and lighting and offer an excellent range of comfortable seating. The public bar has a TV. The internal areas can accommodate around 64 covers.
The lounge bar has capacity for at least 12 seated covers
The public bar can accommodate 10 to 12 covers
The dining room can accommodate 24 covers
The additional dining area can accommodate 16 covers
The outside gazebo covered and uncovered seating can accommodate 20 covers with the current furniture arrangement
The public bar has the added benefit from direct access, separating casual customers from the reception and other Inn operations.
Stairs led up from the reception hallway to the four letting bedrooms contained within the Inn and the current owners accommodation, located behind a lockable door. There is also an office and or laundry room halfway up the hallway stairs.
LETTING BEDROOMS
The Inn has four bedrooms, sleeping 8 guests. These are all well-appointed and comfortable, with modern facilities. All bedrooms are on the first floor and have central heating, tea and coffee-making facilities and TV’s.
Bedroom 1: Twin bedroom with shower en-suite
Bedroom 2: Double bedroom with shower en-suite
Bedroom 3: Double bedroom with shower en-suite
Bedroom 4: King bedroom with bath en-suite and shower over
THE STABLES
The Stables is a delightful apartment with independent access and a secure garden area. The apartment is connected to the main Inn building and is located to one side with a southerly aspect. The building is white-painted with a slate roof over. The windows are double-glazed throughout, with Velux windows over the kitchen area. This beautiful property is tastefully decorated and configured as bedroom with ensuite shower room and a kitchen, dining room, and lounge. The kitchen is excellently appointed and has dishwasher and washing machine over and above the normal appliances and features. There is a private paved patio area to the side of the entry into the building, which is fitted with a table and chairs and enjoys the sun throughout the day. The location of the cottage is very private and offers a relaxing ambience.
The internal finish is fresh, having been recently renovated with an excellent level of detailing, exposed beams, etc, all adding to the general cosy ambiance. The cottage is well equipped to make the guests stay both comfortable and enjoyable. This part of the property could be used as owners’ accommodation if that was desirable.
SERVICE AREAS
The Inn has a well-equipped kitchen with commercial catering capability and a fully vented extract system. There is a separate prep area, wash-up facilities and laundry facilities. The beer cellar and spirit store are conveniently located close to the bar. The business has adequate storage facilities throughout.
SERVICES
Mains electricity, water supply and drainage. The property has oil central heating and utilities (LPG) for cooking. Wi-Fi is available throughout.
