Offers Over Glendale House £420,000

(Freehold) , , IV21 2AU

Substantial 3-Star VisitScotland Extending to 5 self-catering Spacious and private self- Set in easily maintained Easy-to-operate and flexible self-catering apartments offering a units, bar/restaurant area contained 1-bedroom owner’s grounds with large property business model offering a lifestyle business opportunity with heated swimming pool accommodation set to the footprint genuine “home and income” within a stunning West Coast under poly-tunnel ground floor opportunity location just off the North Coast 500 tourist route DESCRIPTION Glendale House is a substantial property which has been extended over the years from a croft house built in the 1960’s. The property is set within some of the most stunning landscapes on offer in the UK. The main building has 5 potential self-catering apartments and self-contained owner’s accommodation, all boasting seaward views. The extant operation is limited to three letting apartments through choice but new owners could easily revitalise the operation and bring the two remaining units on stream. The décor and equipment levels in these areas are all of a good standard but new owners may wish to stamp their own personality on the business. The property includes the amenity of a heated swimming pool plus areas of decking. The present business operation undertakes purely a self-catering operation but the space and amenities would allow new owners to operate a bar/ restaurant/ cafe service, if so desired. The space set aside for the bar could also be turned into additional accommodation subject to planning consents.

The current owners accept that due to family circumstances and a recent bereavement they do not operate the business to its full potential. New owners have the ability to ramp-up business should that be their desire or equally operate on the existing leisurely lifestyle basis currently enjoyed by the present owners.

TRADE Glendale house operates on a restricted basis due to the personal preferences of the owners. The property has 5 potential letting apartments but only three are currently let. The owners accept that new proprietors would need to consider some refurbishment and redecoration to bring all units into effective service. Trade is currently at a modest level through choice but there is great potential to expand trade. The business previously operated a bar with meals and this could easily be resurrected as there is demand from other holiday homes in the area during the high-season (April to September).

The business benefits from a 3-Star VisitScotland rating plus features on a number of local websites. Glendale house also has a well-formed business website (www.glendalehouse.com) plus has the business has a presence on Facebook (www.facebook.com/glendale.house.1). The business has strong TripAdvisor reviews. The current operation does not fully utilise on-line booking agencies and this is an area of further business development.

REASON FOR SALE The present owners bought Glendale House in 2002 and it has offered them an enjoyable lifestyle to date. It is due to family circumstances and a desire to partly retire that this excellent home and income opportunity is being presented to the market.

LOCATION Glendale House is situated in South Erradale, a crofting community in a picturesque seaside location overlooking Skye, Rassey and the Outer Hebrides plus the Torridon mountains to the East. Glendale House is a perfect base from which to explore ’s West Coast. This is truly a stunning trading and living location. Opinan beach is within walking distance from Glendale House and Redpoint Beach only 2 miles away, making it a lovely holiday destination and marvelous quality of life home. Adjacent to stunning mountains and lochs, the landscape lends itself to an abundance of wildlife, flora and fauna which is readily observed.

The surrounding area is a well-known tourist destination with an un-spoilt coastline and stunning views over to the Western Isles. The rugged shoreline and sandy beaches appeal to a wide range of tourists and outdoor enthusiasts providing an idyllic setting to set up home within this lively community. Gairloch has a full range of community facilities and vibrant businesses. This popular coastal village is also a popular location to set up home with its small and vibrant community; its population sits at around 2300. Gairloch has a strong sense of community, with schools, golf course and community facilities.

The region has in recent times benefitted from the North Coast 500 tourist route which is drawing in new visitors to the area. The North West Coast of Scotland attracts a large number of visitors with its stunning scenery, pristine waters, natural landscapes and an abundance of fauna and flora. Many visitors to the area take advantage of the challenging hills; Gairloch is on the doorstep of the Torridon mountain range. Others enjoy the excellent river and sea fishing available locally. Boat trips are available to view seals, otters, dolphins, porpoises and whales. The more sedate sightseer may visit the many places of historic and cultural interest. Many tourists undertaking a touring holiday of the West Coast often stay over in the local area. The capital, Inverness, is 70 miles away which is served by an airport and a main line railway station.

THE PROPERTY Dating from the 1960’s, the property is of traditional construction under a slate roof over 2 floors. The main building is accessed from the car park through double glass doors into the foyer area. From the foyer the bar / restaurant is on the left with triple aspect windows plus a south facing terrace. Off the bar / restaurant is a small area which was used for cooking and various store rooms which were used as a cellar and general storage. There are toilet facilities to the right of the foyer. Glendale House has 5 letting apartments comprised as follows:

River View River View is a 2-bedroom apartment offering a large double bedroom and the other bedroom has a single bed. A well-equipped galley kitchen and pleasant lounge/dining area boasts views to the . There is a family bathroom with shower over the bath. Currently used as an extension to the owners’ accommodation.

Torridon Entrance is through patio doors off a small terraced area directly into the living room offering views over to the Torridon hills. Off the lounge is the hall which leads in turn to the kitchen, bathroom with shower over the bath, and a double bedroom.

Skye View Accessed through patio doors off a decking area with living/dining room and kitchen which is well-equipped. There are two bedrooms (double and twin) and bathroom with shower over the bath.

Beinn Alligin A spacious apartment accessed via the front door and a spiral stair case opening into a commodious lounge with excellent natural light and views to the Isle of Skye. A double archway leads to a generous family sized bedroom with a double bed and room for two single beds with en-suite bathroom. The very well-equipped kitchen and open-plan dining room makes a very attractive living space with a wood-burning stove. There are a further two en-suite bedrooms; one set to a double and the other with twin beds. These rooms could be used as bed and breakfast accommodation.

The Crow’s Nest The Crow’s Nest is a delightful bijou studio-style apartment with accommodation for a couple or a small family. It is separate from the main Glendale House and is presently in need of some renovation. The entrance to the apartment opens into a dining area with a small but charming kitchen. The ground floor also houses a shower room and a small bedroom with space for bunk beds. On the first floor is a small open-plan bedroom and lounge area with patio doors opening onto a small balcony with sea views.

PRIVATE ACCOMMODATION The present owner’s accommodation is an attractive aspect of the sale. Although within the main building it is entirely separate from the letting apartments and enjoys a good degree of privacy. Ground floor includes an en-suite double bedroom, kitchen with access to the garden, utility room and sitting room leading through to a conservatory with doors to the garden. The first floor contains two further bedrooms, one double and one single along with a further lounge, bathroom and storage. There is a small decked area and garden with magnificent views to the sea, utility, office area, double en-suite bedroom and separate shower room.

GROUNDS Parking is provided by a large area of gravel ground to the front of the property. To the right of the main building is a garden area which services Torridon and The Crow’s Nest. The heated pool, also at this side of the property, measures 14’x30’ with a maximum depth of 5’2” and is enclosed in a poly-tunnel covered in a special insulating fabric. The Swimming Pool is very economically run as the owner’s utilise an air pump to heat the water. The pool is attractively surrounded by semi- tropical plants and offers a great amenity space for guests staying in the apartments. There is an oil tank and boiler room.

DEVELOPMENT POTENTIAL The present business model can be altered to be more vibrant utilising accommodation to attract a broader spectrum of guests. The proprietors have ceased the catering and bar provision but there is potential to develop this aspect of the business, should new owners wish. The business previously operated with a license to sell alcohol and the current owners believe this could be reinstated but new owners would need to take advice on such from the Highland Council.

SERVICES FINANCE & LEGAL SERVICES Mains electricity and water with private drainage. Oil-fired central ASG Commercial Ltd is in touch with several lenders who provide heating is provided to the bar/restaurant, Beinn Alligin apartment specialist business finance. We will be delighted to discuss your and pool. All the other areas utilise white metre electric heaters. financing requirements with you and make an appropriate Glendale House is double glazed throughout. The property has Wi- introduction. We have access to a large team of legal experts who Fi. can act in all legal matters arising.

VIEWING ACCOUNTS All appointments must be made through the selling agents: Full trading figures will be made available to interested parties ASG Commercial Ltd, 17 Kenneth Street, Inverness, IV3 5NR HOTELS subsequent to viewing. T: 01463 714757 (5 lines) E: [email protected] PRICE W: www.asgcommercial.co.uk LICENSED

Offers over £420,000 (Freehold) are invited for the heritable RETAIL OFFERS property complete with goodwill and trade contents (according to OFFICES inventory), excluding personal items. Stock at valuation. All offers should be submitted in writing to ASG Commercial Ltd with INDUSTRIAL whom purchasers should register their interest if they wish to be advised of a closing date if one is set. UNITS WEBSITE www.glendalehouse.com

EPC RATING This property has an Energy Performance Rating of ‘G’. Beinn Alligin apartment has a rating of ‘C’ and Skye View has a ‘D’ rating. 17 Kenneth PLANS Street An indicative title and floor plan are available upon request from Inverness the selling Agents ASG Commercial. IV3 5NR

RATES / COUNCIL TAX The rateable value of the property is £7,750 as at April 2017. The business benefits from 100% rates relief under the Small Business Bonus Scheme with a payment liability of £zero for eligible owners. The residential council tax banding for the property is ‘A’.

DIRECTIONS See map insert.