Description

Location

Inversnaid is a highly attractive rural settlement, situated on the east bank of Loch Lomond. The subjects are situated directly on the B829, which links to the popular tourist town of Aberfoyle. The premises lie very close to the West Highland Way, and the pier at Inversnaid, which benefits from a regular ferry service to Tarbert, on the west side of Loch Lomond.This is a fantastic tourist destination with many income generators, including walkers from the West Highland Way, cyclists, hill walkers and other general tourists. In addition, the premises also lie close to Rob Roy MacGregor’s famous cave, which is situated on the banks of Loch Lomond.

This is a first-class lifestyle opportunity. A purchaser could reside in the log cabin and operate a highly profitable business within an idyllic rural setting, close to Loch Lomond.

Description

The main bistro and bunkhouse are arranged within an historic 19th century church, which has been sympathetically fully refurbished and upgraded.The main church building benefits from many original architectural features, including first class stained glass to both gable ends, as well as a feature stained glass wall within the bistro itself. In addition, the bistro has a highly attractive vaulted ceiling, with timber beams and good natural light.

The current proprietor recently constructed a log cabin, which is a separate self-contained building. This building has two doublebedrooms and shower room over the lower ground floor, livingroom open to kitchen (with wood burning stove and large balcony overlooking the river) and shower room over the ground floor and a further three double bedrooms over the first floor.

The two lower ground floor rooms are available for letting.  The ground floor and three bedrooms over the first floor are used as staff accommodation.

This is ideal letting accommodation, albeit could be utilised as owner’s accommodation if required.

Other areas include a single storey timber framed building, which provides the main shower room and resident’s dining kitchen; laundry room, hot tub and car park.The accommodation is in good condition throughout.

Accommodation

Specifically, the accommodation provided is as follows:

Bistro

Situated over the first floor. The bistro benefits from many original architectural features and is in a first-class condition throughout. There is seating for approximately 40 persons from loose timber tables and chairs and a bar servery. In addition, there is a fitted kitchen and customer toilets, as well as a manager’s office situated to the rear.

Bunkhouse

The bunkhouse is arranged over the lower ground floor of the main church building. In total, there are seven rooms, which can sleep 23 persons. This area includes unisex customer toilets and a shower room.

Shower Block & Residents Dining Kitchen

A separate dedicated shower block is situated adjacent. This area includes a resident’s open plan dining kitchen.

Other

Other accommodation includes a good-sized laundry room, stores and hot tub. In addition, there is car parking situated to the front.

Licence

There is a premises licence in place. The premises licence will be transferred to a purchaser.

Services

We understand that the premises are connected to mains electricity. Water is from a private water supply, drainage is to a septic tank and gas is available from propane. The premises benefit from triple phase electricity and there is satellite internet connection.

The Opportunity

The Inversnaid Bunkhouse and Top Bunk Bistro have been sympathetically refurbished and updated and provide a first-class accommodation venue with restaurant. The business has many business generators, being located in a popular tourist area, and will attract customers from the West Highland Way, cyclists, hillwalkers and general tourist trade.

The current proprietors live off site. However, the log cabin on site would provide good sized owner’s accommodation, enabling a new proprietor to live on site in an idyllic setting, as well as operating a highly successful business.

Current sales are excellent at £215,000 net of VAT, with an adjusted profit in the region of £80,000 per annum.  If a proprietor lives on site, we calculate that the profitability will only fall marginally to around £70,000 per annum. This also excludes potential staff savings from a proprietor living on site.

Sales could be enhanced further as the current proprietors do not target out of season bookings. Alternatively, a new proprietor could benefit from working a six-month season with six months closure to pursue other interests.

This is a first-class opportunity, particularly for a chef proprietor to live on site and maintain/grow a highly profitable business.

Rateable Value

The Rateable Value is £28,750. A new occupier will have the right to appeal the Rateable Value.

Price

The premises have been placed on the market at offers over £585,000 for the benefit of the heritable going concern business. Any stock will be additional and paid for at the date of entry.

Floor Plans

There are no property floorplans available

Dataroom

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