Victorian Farm Cottage with Steading, 6 Rentals, and 10+ Acres in Tarbert, Argyll & Bute
Tarbert, Argyll and Bute
- Status
FOR SALE
- Date Submitted:
17/05/23
- Advert ID
513364
- Reference
26283371 / Rightbiz
- Call Agent:
- Freehold: £1,500,000
- Turnover: On request
- Net Profit: On request
Business Details
Stunning Farm Cottage and Steading in Heart of Argyll & Bute
Barmore Steading currently operates as a lifestyle business to suit the needs of the owners. With three 2-bedroom cottages and three 1-bedoom cottages it operates from Easter through to the end of October. Prices range from £140 to £200 per night. The accommodation is exceptionally popular with tourists exploring the Kintyre Peninsula and Barmore benefits greatly from its excellent reviews, reputation, and good repeat business. The business is run with the assistance of 2 part time members of staff as and when required. There is a great opportunity for new owners to significantly increase revenues or change the direction of the business. Barmore has previously successfully been run as a bar and restaurant and it would be relatively straightforward to re-establish a restaurant with rooms, which is proving to be a very popular and successful business model. The carpark and entrance have been created to cater for a substantial hospitality venue. Barmore would also make a great events venue with its large lawns suitable for the erection of a marquee. At the rear of the property is 10 acres of land which currently has planning permission for the erection of 5 dwelling houses. The site would be suitable for a camping/caravan site; development of bespoke glamping pods or chalets to enhance the hospitality business. There are endless opportunities for Barmore Steading. The business trades beneath the VAT threshold. Accounting information will be released after formal viewing has taken place. The business is run to suit the owners’ lifestyle and is closed for approximately half the year.
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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.
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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.
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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.
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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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