
[Click to Enlarge Picture]
| Agent Ref No: | Uig Hotel |
|---|---|
| Category: |
For Sale Business for Sale |
| Type: |
Guest House / Hotel |
| Offer Type: | Offers invited |
| Price: | £670,000.00 |
| Rent: | Not Applicable |
| Yield: | Not Applicable |
| Date Listed: | 2008-11-20 |
|---|---|
| Size: | |
| Tenure: | Freehold |
| Min Rental Size: | Not Applicable |
| Property Status: | Business Currently Trading |
Insure this Building & Contents
From £1340.00*
* This is an indicative quote only, actual quote may vary
|
|
Attractive and traditional, fully Licensed, VisitScotland 3 Star Hotel. Stunning coastal views and superb trading frontage to the busy A87. Strong turnover and excellent profitability from established year round trade. 18 comfortable en-suite letting bedrooms plus spacious owners accommodation. The sale of The Uig Hotel offers an opportunity to own a substantial and successful hotel business set on the beautiful of Skye, truly a desirable self-employment opportunity.
The Uig Hotel is an attractive and traditional, thriving hotel which enjoys a tremendous, elevated position overlooking Uig Bay and Loch Snizort amidst breathtaking scenery on the beautiful, ever popular Isle of Skye. This delightful property was originally an old coaching inn and has an equally charming Steading conversion in the grounds, known as Sobhraig House. Both properties benefit from a commanding location overlooking Uig Harbour, and its busy ferry terminal that services daily ferry crossings to and from the Outer Hebrides amongst other traffic. Access to Skye and the hotel itself was greatly improved when the Skye Bridge was built, offering a direct mainland link by road. Whilst the hotel continues to extend the same character and welcome today as it has done for decades, it has benefited greatly from significant modernisation and upgrading, resulting in the sympathetic and successful combination of traditional character with modern day comforts. The location, quality of the welcome and excellent range of smart modern facilities combine to form the desirable, well presented business that exists today.
The hotel generates a strong turnover from well supported year round trade. Income is split across the three traditional income streams, namely beverage sales, catering and accommodation. The attractive Lounge Bar serves a full range of drinks including wonderful single malts, minerals, spirits and draft beers which include the locally brewed Isle of Skye Brewery, cask conditioned ales. The Lounge proves popular and with its key roadside frontage attracts a mix of clientele from year round local trade, businessmen, and a healthy mix of tourists, walkers, climbers and sportsmen whether enjoying angling, watersports or otherwise. The hotel has built a good reputation on the catering front, offering meals to residents and non-residents alike. At lunch time meals are served in the Lounge Bar and in the bright Sun Lounge or “al-fresco” in the garden during fine weather. In the evening dining attaches more formality, when meals are served in the spacious Folly Restaurant, which is set to the front of the property with a prime seaward outlook. Meals are prepared from fresh, largely locally sourced produce - not least the Islands infamous seafood. For those seeking a gastronomic adventure there are more exotic dished from Springbok steaks to Crocodile tail, complimented of course by a good choice of wines. 18 well furnished, en-suite letting bedrooms all with the benefit of double glazing, central heating and smart modern facilities complete this tastefully refurbished hotel.
The busy village of Uig is situated fairly centrally to the northern side of Skye. Only 16 miles from Portree, the islands capital, Uig enjoys a steady volume of traffic on a daily basis, whether business travellers, residents of the western isles or tourists, using the daily ferry which runs to the Outer Hebrides. The hotel’s prominent roadside position high on the hill above the harbour places it ideally to capitalise upon this busy thoroughfare. In addition to those travelling onwards many chose to remain in Uig as it provides an ideal base for daily trips within the Island, whether North to the Trotternish area, East to Waternish or South to bustling Portree. Not only is Skye one of Scotland’s premier tourist destinations, in addition to tourism, the island is highly popular with naturalists and also ornithologists who find birds of prey, waders and a host of seabirds in the locale. Skye’s rugged Cuillin Mountains are known to walkers and climbers the world over and many prolific hill lochs offer the angler an opportunity to catch spectacular native wild brown trout.
New owners will quickly satisfy themselves that Skye is well provided for in terms of shops, services and high quality schooling.
The present owners purchased the hotel in 2003 and have enjoyed a rewarding and profitable lifestyle running and developing this successful business. During their tenure extensive refurbishments have been carried out, placing the business particularly well to handle increased turnover together with a newly introduced on-line accommodation booking facility which is proving particularly successful. It is their desire to pursue other business opportunities that brings this substantial, well presented business onto the market. Whilst the hotel benefits from an established reputation and good track record there certainly remains scope for enthusiastic new owners to further develop trade beyond its present level.
The Property
The substantial main property is traditionally built of whitewashed stone under a pitched slate roof with smaller areas of flat roofing. The property today benefits from modern double glazing and oil fired central heating. Sobhraig House sits to the rear of the main hotel in attractive wooded grounds, This detached property incorporates 7 letting bedrooms plus the spacious owners’ accommodation.
Public Areas
The Hotel’s main entrance faces the road, a solid outer door opening into the Entrance Porch which benefits from a tiled floor and characterful, wood panelled interior. An Inner door leads into the smart Reception Hallway where the Reception Counter is situated conveniently facing the main door with an Administrative Office to the rear. Upon entering the hotel, to the left off the Reception Hallway is the comfortable Lounge Bar complete with open fire, high quality furnishings, smart, well stocked bar servery and well maintained decor. Adjoining this is the hotel’s bright and popular Sun Lounge which benefits from a tremendous seaward panorama. This large area is again well furnished and proves very popular with both residents and casual diners. To the right off the Reception Hallway is the elegant Folly Restaurant. Again with the benefit of an open fire and feature surround, this room also has a range of attractive wall and ceiling lighting and tasteful furnishings which blend to create a desirable atmosphere and ambience. The main stairwell leads upstairs from the Reception Hall to 11 of the hotel’s 18 Letting Bedrooms. The remaining 7 Letting Bedrooms are situated in Sobhraig House which sits to the rear of the main hotel in attractive wooded grounds.
Letting Bedrooms
The hotel has 18 most comfortable letting bedrooms to sleep 38 guests (2 Family Rooms sleeping 4 and 5 guests, 1 Triple, 7 Double, 4 Twin and 4 Single). These are all well appointed and most comfortable with modern facilities. Rooms have tea/coffee making trays, telephones and colour televisions,all have en-suite facilities. 11 guest bedrooms are located on the first floor within the main hotel, the remaining 7 in Sobhraig House, 3 at ground level and 4 on the first floor.
Owners accommodation
Spacious self-contained Owners’ accommodation is located to one end of Sobhraig House. This comprises of 3 bedrooms, two of which have en-suite facilities, Lounge / Dining Room, Boxroom, further W.C. and Utility Room. The owner’s accommodation has an enclosed patio area.
STAFF ACCOMMODATION
Off the main hotel building are two separate wings which provide for staff accommodation. One wing has two bedrooms and a bathroom, the other wing has three bedrooms and family bathroom. Both sets of staff accommodation have private access from outside conveniently separate from the public areas of the hotel.
Service areas
The hotel has a generous, well equipped commercial kitchen, adjoining vegetable preparation facilities, separate washing-up area and laundry. Off the kitchen is an excellent walk in freezer, dry goods store and separate Utility / Laundry Room. This has commercial washing and drying equipment together with a rotary iron. There is a locking spirit store, convenient, cool vegetable store and cellar to the rear of the property.
GROUNDS
The area to the front of the hotel is laid to tarmacadam and provides off street parking for roughly 10 cars which is supplemented by a further substantial car park to the rear of the hotel. A good range of bench and table type seating to the side of the main building provide for guests to sit outside during fair weather. Grounds extend to approximately 3.5 acres and are laid mainly to grass, with mature woodland interspersed by an array of bright natural wild flowers dependent upon the season. A small burn runs through the policies. Two portakabins provide adequate workshop facilities and for garden / tool storage.
Services
Mains electricity, Private water supply and drainage. Oil fired central heating, Propane gas.
Licences
The business has a Full Hotel Licence with Regular Extensions
Trading information
The Uig Hotel is a mature and highly profitable business achieving strong net turnover in the region of £300,000 per annum. Accounting information will be made available to seriously interested parties subsequent to formal viewing.
Price
Fixed Price of £670,000 is invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
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
From the Skye Bridge take the main A87 to Portree the onwards to Uig. The Hotel enjoys a prominent roadside position overlooking Uig Bay and the harbour below.
Viewing
All appointments to view must be made through the vendors selling agents:
ASG Commercial
York House, 20 Church Street
Inverness IV1 1ED
Tel: 0845 4500790 Fax: 01463 711083
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.
Clicking the Button below will send a copy of the Property Details in an Adobe Acrobat PDF
to you via E-Mail.
In addition the advertiser of this property will be informed of your interest in it.