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North Coast 500 Hotel in Gairloch Highlands for Sale - Long Established & Profitable

Gairloch, Scottish Highlands
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RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500 Photo 1
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RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500
  • Status

    FOR SALE

  • Date Submitted:

    08/06/22

  • Advert ID

    296571

  • Reference

    ESA2669 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £700,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Attractive Business
  • With Car Park
  • Prime Location
  • Accounts Available
  • Established Business

Business Details

RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500

Long established business in excellent trading position
12 en-suite letting rooms
Popular tourist location
Freehold including GW: offers over £700,000

Location

The Millcroft occupies an elevated, central, position within the picturesque village of Gairloch on the West Coast of Scotland. Gairloch is a popular tourist destination situated on the shores of Loch Gairloch amongst the awe-inspiring scenery of Wester Ross. Gairloch offers a wealth of spectacular natural arenas
and activities for visitors to enjoy. There are several excellent sandy beaches in the area such as the brilliantly named Big Sand, and at Redpoint, which offers lovely views to Raasay and Skye on the Western Isles.

Gairloch forms part of the North Coast 500, a 516-mile circular route around the north coast of Scotland which starts and finishes at Inverness Castle and has increased in popularity year on year since it was launched in circa 2015. This draws thousands of tourist a year past the front door of the Millcroft with the town been widely regarded as one of the main overnight stops on the route.

This part of Scotland is synonymous with outdoor pursuits, such as water sports, climbing, walking, fishing and shooting and the location draws a significant amount of trade on an annual basis in the busier summer months, both on the basis of day trippers and general tourists alike.

Description

The Millcroft is a detached traditional hotel which has been extended to the rear in the 80’s providing 12 individually styled ensuite letting rooms and a busy, well presented, lounge bar & restaurant.

The bedrooms are arranged over ground, first and attic floors being accessed via an internal staircase with two of the suites having private external access.

The bedrooms are tastefully decorated comprising six en-suite letting rooms, four two-bedroom suites and two self-catering units. They all benefit from seating, writing desk, television, tea & coffee making facilities and Wi-Fi.

The lounge bar/restaurant, which can accommodate approximately 36 at present and both dining areas combined can accommodate up to 40 at present or greater if desired. It enjoys stunning views over the loch and provides a warm, welcoming and cosy environment. The restaurant is served by a good size and
well laid out commercial kitchen with ample storage.

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Particulars / More Information

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'RARELY AVAILABLE HOTEL FOR SALE ON THE NORTH COAST 500 - ESA2669 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.