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| Agent Ref No: | Aultbea |
|---|---|
| Category: |
For Sale Business for Sale |
| Business Type: |
Hotel & Holiday Accommodation |
| Offer Type: | Offers in excess of |
| Price: | £425,000.00 |
| Rent: | Not Applicable |
| Yield: | Not Applicable |
| Date Listed: | 2008-10-09 |
|---|---|
| Size: | |
| Tenure: | Freehold |
| Min Rental Size: | Not Applicable |
| Property Status: | |
Insure this Building & Contents
From £860.00*
* This is an indicative quote only, actual quote may vary
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A successful 4 Star Holiday Lodge Business set in beautiful Wester Ross. Tremendous setting, enjoying a spacious site and panoramic views over Loch Ewe. Trading well , enjoying year round support and significant repeat business. The sale includes 5 well maintained and equipped lodges comprising, modern
DESCRIPTION
Aultbea Lodges form a well known and long established holiday letting business enjoying year round support and a loyal client base which generates a high percentage of repeat bookings. Originally built in 1980, all 5 properties have been well maintained both inside and out resulting in a Visit Scotland 4 Star Rating, recently ratified in 2007. Each Lodge has its individual site and surrounding garden area which provide a degree of privacy together with the opportunity to relax outside and enjoy good weather. The lodges sit on an elevated site and benefit from tremendous seaward views towards the stunning coastline for which the area is renowned. Lodges offer all the comforts of home and are set out and furnished to an identically high specification which supports both a uniform standard and ease of upkeep. By its very nature, self catering accommodation is not nearly as labour intensive as serviced accommodation where rooms have to be maintained on a daily basis and there is an ongoing catering requirement. Holiday Lodges are serviced on the changeover day which minimises the workload, laundry and management time.
The West Coast of Scotland is famous for its micro-climate, spectacular countryside and rugged mountains which in turn meet the stunning coastline and beautiful beaches. The wonderful scenery and the traditional community in Aultbea combine to make the area highly popular with those seeking a relaxing holiday in the Scottish Highlands. Such are these enduring attributes that Aultbea Lodges enjoy a loyal client base and a good level of repeat bookings. The village itself benefits from a licenced grocery shop, post office and two hotels which offer a choice of provisions and catering to support the personal choice of those holidaying at the Lodges.
On the activities side there are no shortage of opportunities. The coastal location supports sea-fishing and sailing in addition to a wide range of birdlife. The beautiful Scottish terrain offers varied degrees of challenge from the more leisurely hillwalking to more stretching mountaineering. Golf, freshwater fishing and simply relaxing amidst unspoilt surroundings are other favoured options.
The vendor purchased the Lodges in 2993 and has, since then, run them as a successful holiday letting venture. It is retiral that brings this business and investment opportunity onto the market.
THE PROPERTY
The 5 chalets are of identical A-frame design with wooden clad exterior. All are very well presented with high quality internal finishes and double glazing throughout. The chalets enjoy good individual spacing and garden area.
DESCRIPTION
The Chalets are located centrally to the village of Aultbea and are approached from the A832 by a tarmac access road. The 5 chalets offered for sale form part of an original development of 10 chalets. All chalets are accessed by the common roadway and sit to the left in numbered order, all enjoying a beautiful vista towards the foreshore.
The chalets are offered for sale on a “going concern” basis and as such are fully furnished and equipped. The chalets benefit from a spacious veranda to the seaward side and outside bench and table type seating.
Each chalet comprises of:-
LIVING AREA
This attractive room has large feature patio doors which open directly onto the veranda, offering exceptional sea views across the village and harbour. The room benefits from a neatly pine panelled ceiling, has a comfortable 3 piece suite and dining table and chairs. A smart range of facilities include a modern living flame fire, television, DVD and CD player.
KITCHEN
The kitchen is of a modern design and is particularly well equipped. Facilities include, Fridge/Freezer, Microwave, Kettle, Toaster, 4 ring cooker with extract canopy, washing machine, pine panelled ceiling, attractive centre light and vinyl floor covering.
DOUBLE BEDROOM & TWIN BEDROOM
Bedrooms are well equipped with good quality pine wardrobes, bedside cabinets and chest of drawers. Bedside lamps, pictures, linen and all other furnishings are included in the sale as seen.
FAMILY BATHROOM
The bathroom has a bath with shower over, WC and wash-hand basin. It also benefits from a heated towel rail, vented extract fan and vinyl floor covering.
GROUNDS
The lodges are well spaced in their own grounds, each with its individual drying area and outside seating. The garden is laid to a mixture of grass and shrubs.
SERVICES
Mains electricity, water and private drainage.
Lodges have electric heating and each has a new hot water system.
TRADE
Letting income for the year to 5th April 2007 was maintained below the VAT threshold at £57,984. Profit conversion was excellent. Investment in this attractive business opportunity offers both an income and an appreciating asset.
PRICE
Offers over £425,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory).
FINANCE & LEGAL SERVICES
ASG Commercial is in touch with several lenders who provide specialist finance to the hospitality trade. We will be delighted to discuss your financing requirements with you and make an appropriate introduction.
We have a large team of legal experts in-house and can act in all legal matters arising to include Conveyancing and Licence Transfers.
DIRECTIONS
Aultbea Lodges are located centrally in the village of Aultbea. Please see the inset map.
VIEWING
All appointments to view must be made through the vendors selling agents:
OFFERS
All offers should be submitted in writing to ASG Commercial with whom purchasers should register their interest if they wish to be advised of a Closing Date if one is set.
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