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Hame on Skye Hotel for Sale Hame on Skye Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ For Sale SUMMARY High quality hotel wonderfully located on the beautiful Isle of Skye Outstanding location with stunning views 10 well-proportioned en suite letting bedrooms Stylish public areas including bar and restaurant Guide Price £1,050,000 – Feuhold Colliers 2 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ Introduction & Location Hame on Skye is a popular and very well-appointed hotel which gives visitors an outstanding base to enjoy the Isle of Skye whilst having a tranquil retreat to return to. The property has been very recently completely renovated and decorated and provides a high-quality trading asset which allows a new owner to immediately trade and take advantage of the hard work of the current owners. Perfectly situated for a holiday on the Isle of Skye, Hame on Skye is a beautifully converted former country residence with a comfortable and relaxing atmosphere. Standing in striking rural location, the property benefits from incredible views over Loch Vatten and out into Loch Bracadale and beyond. The hotel is close to the popular tourist village of Dunvegan (2.6 miles) which is well served by local amenities and is famous for its castle and gardens. The “capital” of Portree is also less than half an hour’s drive. The hotel is easily accessible from the B885 which in turn connects to the main A87 road which crosses the Island from north of Portree to Kyle and the bridge to the mainland which is only around an hour from the hotel. The area has a Source: Edozo huge amount of attractions including Dunvegan Castle, the world-famous Fairy Pools, the Talisker Distillery as well as a myriad of outdoor pursuits such as hiking, fishing, cycling, stalking, seal watching and boat trips to name but a few. The Isle of Skye is considered by many to be one of the most spectacular Scottish islands –some Source: Edozo 50 miles in length it is the largest of the Inner Hebridean group. The island is deeply indented with sea lochs and rocky headlands forming a series of peninsulas. Skye is a beautiful and romantic treasure to the North West of Scotland and now that it is linked by the bridge to the mainland it is even more accessible and draws hundreds of thousands of visitors every year. In particular, at present following the recent re-opening of hotels in Scotland, the island has become an extremely popular “staycation” location for guests from across the UK. In addition, it is anticipated that when able, the significant numbers of American, Japanese, and European tourists will return. Source: Edozo Business Colliers 3 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ Reason For Sale To the opposite side of reception is the cosy and contemporary bar area (19) with open fire Hame on Skye is family owned and operated and cosy seating and furnishings throughout. and the current owners have been able to The timber bar servery is located discretely in develop this luxury and quality business in the corner. one of the most well-known tourist locations in the UK. The family have decided to pursue Ladies and Gents’ W/Cs can be accessed from other avenues in Spain and therefore are the main reception. putting Hame on Skye to the market. Letting Bedrooms The Property Hame on Skye hosts a magnificent set of 10 The original property consists of one large high quality letting bedrooms: all accessible to single storey building over a compact site the rear of reception meaning the hotel is manageable and can be overseen easily. The building is of brick All 10 en-suite bedrooms have been rendered construction with a pitch slate roof refurbished during the current ownership to and double glazing throughout. the highest standard with luxury bathroom fittings, super comfy beds, top quality linen Public Areas and sumptuous soft furnishings. The bedrooms have been individually designed to The hotel includes a number of extremely maximise space and layout, and each has a high-quality public areas starting with the different and unique feel. All rooms have free reception with office to rear which leads to Wi-Fi, TV, telephone and tea and coffee the rest of the hotel. making facilities. The popular restaurant (26) is accessed via The letting bedrooms can be categorised as reception and is complete with breakfast bar follows: and benefits from beautiful views to the front of the hotel. There is also direct access to an King Size Double – 2 outdoor terrace (15) to take advantage of the fresh island air and views. Double / Twin – 2 (zip and link) Double – 6 Total – 10 Business Colliers 4 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ External license. The hotel sits within 0.63 acres of grounds Tenure including a private car park to the front of the hotel for around 10 vehicles along with an Feuhold. (Freehold equivalent). attractive and useful outside terrace with commanding views. Services We understand the hotel benefits from mains To the rear, the hotel’s grounds are laid to electricity and water. grass and represent an opportunity to develop further with seating or another Sewage provision is provided by a septic tank outside space. emptied twice per annum. There are also two caravan pitches to the rear, Gas is provided via an LPG tank. shielded from the hotel with timber screening. One is owned by the hotel and one is privately Free Wi-Fi is available throughout. owned, both are used as staff accommodation. EV charging point adjacent to the car park. Service Areas The main building contains a new and medium sized commercial kitchen that leads directly out onto the dining area. Adjoining this is a store room which has direct access to the rear yard area. There is a useful office at the main reception and storage throughout the hotel. In addition, externally is a useful timber storage shed. Licences It is understood that the hotel has a premises Business Colliers 5 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ Business Colliers 6 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ The Business 2022 and 2023. The hotel is also exploring wedding use with bookings starting to come through. The property has an excellent reputation for quality within the area and forward bookings are looking The hotel offers an outstanding opportunity to extremely strong following the post COVID re- acquire a highly successful, high quality hotel asset opening. in an excellent tourist location; generating significant trade but with the opportunity to add The owners have spent in excess of £350,000 on the further growth. hotel since their purchase; for the initial refurbishment and then unfortunately due to a fire Energy Performance Certificate which caused damage to the kitchen and the furnishings in the public areas. The hotel was refurbished again; and this time some services were also replaced including a new boiler. Trade had just started to improve when the government enforced COVID closure meant the hotel had to close again. Forward hotel bookings are looking excellent; however in line with the current owners wish to re- Price locate to Spain; the hotel operation has been wound down and the hotel will be from September 2021 Guide Price £1,050,000 for the feuhold asset as a used as a high quality exclusive use venue. The going concern. Stock in addition. Excluding personal forward bookings for that use are also extremely items. good; and the opportunity offers the chance for a new owner to continue this use or revert to the Viewing former hotel use. The current owners considered Strictly by appointment only to be made operating using both of these methods whereby the through the sole agents Collies International. exclusive use method was operated over the winter No approach to be made to the property or months to save staff costs when the hotel would be members of staff. quieter. The hotel is able to still offer activities and private cooking for guests during this exclusive use Identity Checks time using a core staff. In order to comply with anti-money laundering legislation, the successful Trade in 2021 is excellent with a current net purchaser will be required to provide certain Turnover of £295,082 based on 6 months achieved identification documents. The required trade and 6 months actual forward bookings moving documents will be confirmed to and forward. Trade is then forecast to increase in requested from the successful purchaser at the relevant time. Business Colliers 7 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ Business Colliers 8 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ Business Colliers 9 FOR SALE Hame Hotel 2, Herebost, Dunvegan, Isle of Skye IV55 8GZ CONTACT DETAILS For further information or to arrange a viewing please contact : Robert Smithson - Colliers Mobile: +44 7825 171652 Email: [email protected] Colliers, 1 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN For Illustration Purposes Only Disclaimer Colliers and its joint agents Graham+Sibbald give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
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