Scarinish Hotel, Isle of Tiree, Argyll and Bute, PA77

Fixed Price Scarinish Hotel, £300,000 Isle of Tiree, Argyll and Bute, PA77 6UH (Freehold)

Substantial Hotel in a unique trading location on the tranquil Isle of Tiree offering superlative coastal views

A true lifestyle, home and income opportunity which would ideally suit a couple, but would also offer growth potential via external investment

Trading profitably on strong and sustainable mixed trade but with considerable potential for further growth

Eight good quality bedrooms and 2-bed owners’ accommodation plus staff accommodation

Set within extensive grounds with excellent development potential subject to planning consents; further adjacent included in sale DESCRIPTION The traditional origins of Scarinish Hotel are reflected in both the character of the property and the welcoming atmosphere enjoyed by its wide range of patrons. The Hotel was the first inn offering accommodation on Tiree which originally opened in 1801. With a prominent trading location on the shore facing the mainland with views across Scarinish old harbour, the Hotel is an impressive building with a commanding presence. This substantial property is set in an idyllic setting within extensive grounds. The business generates the bulk of its income during the summer months when the population of the island is greatly increased by the influx of owners occupying their holiday homes and tourists visiting the island. The business trades on the three traditional income streams of wet sales, food and accommodation with turnover being reasonably equally split between each. The business is marketed through its own website and the Discover Tiree Website. Marketing is also conducted through Caledonian MacBrayne on their ferries. The Hotel specialises in locally sourced produce such as succulent Tiree beef and lamb or the crabs, lobsters and scallops taken from the pristine waters around the island. The Scarinish is a Scotch Beef Club Member. The business operates as a destination venue and is presented in good order, with a number of charming features. The present owners offer services and facilities with the aim of providing a stress-free environment in keeping with the relaxed way of life enjoyed throughout the Island. The Hotel currently operates a full service all year round. During the main season which runs from Easter to October the Hotel is at its busiest with the turnover peaking in July and August. Clientele is drawn from a number of sources giving a year-round trading platform. During the summer months the Hotel attracts a high number of tourists who come to the island for a great many reasons. LOCATION One of the Inner Hebridean islands, Tiree is twenty-two miles west of the nearest point on the Scottish mainland, Ardnamurchan. The island is just over 10 miles long, 5 miles at its widest point, with a 46 mile long coastline walk. The island is very flat, its name means ‘the land of corn’ but it has been described variously as ‘a raised beach’ and ‘the land below the waves’. Enjoying a mild climate, it has some of the highest levels of sunshine recorded anywhere in the British Isles. It benefits from the moderating influence of the Gulf Stream ensuring that frost is rare and evenings in mid-summer are warm and balmy. Tiree is without doubt a most tranquil setting for those who just want peace and quiet within a natural setting. The island boasts a number of sandy beaches which are brilliant white and with few trees there are uninterrupted views towards the islands of Rhum, Skye, Jura and North Uist. This coupled with the reputation as being one of the sunniest places in the to discover their family history on the island. Tiree has a strong reputation UK gives Tiree an enchanted atmosphere. The Iron Age crannogs and for being one of the most popular windsurfing resorts in the UK and brochs on the island provide an insight into the island’s rich history as does attracts a great many enthusiasts each year. It also affords those wishing to the Viking and Gaelic heritage. Music, song and poetry have been long enjoy walking a varied number of routes. associated with Tiree and this draws considerable interest from visitors. For bird-watchers Tiree offers a variety of habitats to observe a vast array of REASON FOR SELLING birds including ducks, geese, swans, gulls, terns, lapwings, snipe and the The current owners purchased the Hotel in 2003 and to date they elusive corncrake to name but a few. The flora and fauna of the Islands are have enjoyed the lifestyle that self-employment at the helm of a successful business affords. Whilst the Scarinish Hotel and its trade have well documented and the island is a magnet for naturalists. Tiree has a progressed during their tenure, a degree of ill health in the family has varied history and many of its previous inhabitants left to forge new lives in been the catalyst to restrict their on-going development of the the ‘new world’ which has left a legacy for many genealogists business.

The sale offers an excellent opportunity for new proprietors to continue the business expansion, capitalising upon the trading strengths of Scarinish Hotel itself, the locality and the perennial appeal of the Isle of Tiree. The vendors are selling the business to afford them the opportunity to retire and they accept that younger motivated owners could drive the business to greater prosperity. THE PROPERTY Dating from 1801 the main part of the Hotel is of traditional construction and stands in its own extensive grounds affording seaward views. The subjects comprise of a number of extensions from circa 1967 with some flat roofing. Access to the subjects is via a tarmac driveway. Some minor improvements are needed to the property but it is understood that grants may be available to facilitate such and the current proprietors would be pleased to assist any new owners with accessing such. PUBLIC AREAS The Hotel entrance is directly to the front of the building through double-glazed doors leading into a corridor that opens into the reception area with a modern reception counter. This brightly illuminated area has hardwearing Karndean flooring which extends into the restaurant which is immediately accessible from the reception hallway. The restaurant can comfortably accommodate 60 seated guests and offers unrivalled views across the Old Scarinish Harbour and beyond. This bright and spacious area has a nautical theme and is easily supported from either the main public bar or the Marie Stewart lounge bar for drinks service. It has its own music system and in the centre is a dance floor which can be brought into use for functions and music nights. The Marie Stewart Lounge bar is utilised as an overflow for diners in the peak season but is a quiet location to take a pleasant pre-dinner drink. It is serviced by both male and female WCs. The public bar is a comfortable and well-appointed facility. It has a darts board and a large screen TV. With a long service counter and a well-stocked gantry, it is well supported by both visitors and the local islanders. The public bar also has an ante room which is presently being used as a store but was previously used as a games room for pool etc. The public bar has its own separate access and has independent WC facilities. On the first floor is the upper deck lounge which is comfortably furnished and offers guests an inspiring view over the harbour. This room has been put to use as an additional dining area in the past and has its own small bar. LETTING BEDROOMS The Hotel has 8 spacious letting bedrooms with a capacity for 19 guests, all with en-suite or private facilities (3 doubles, 2 twins, 2 king-size and 1 single room). Two bedrooms can be configured to take families. Bedrooms are comfortable, attractively furnished and benefit from colour television and tea/coffee making facilities. Many of the rooms have stunning views out to sea. The Hotel is Wi-Fi enabled throughout. PRIVATE ACCOMMODATION At present the owner’s accommodation is a two-bedroom flat on the first floor with a private bathroom and a lounge with sea views. There is a staff chalet to the rear of the premises in need of some attention which presently has a shower room, living room and kitchen facilities with a single and a twin bedroom. SERVICE AREAS The Hotel has an excellent commercial kitchen and adjacent washing-up space / still room which are well-equipped and in good order. There is a large food storage area which houses fridges and freezers adjacent to the kitchen. To the side of the kitchen is a small enclosed porch which acts as a delivery point for kitchen goods. To the rear of the property are a number of utility and storage rooms that provide adequate space as laundry and workshop areas. Across the main entrance hallway is a large room which enables excellent service to the main restaurant. This room is used as a breakfast room during the winter but could equally be used as a coffee shop or alternative food service area. The boiler room is also located to the rear of the building and houses an oil fired boiler. There is a large linen storage room on the first floor.

GROUNDS to a large team of legal experts who can The Hotel is a substantial property and has act in all legal matters arising. a large area with a number of building footprints. The subjects have sufficient DIRECTIONS grounds to indicate that there is some Travel to the Island is by air or sea development potential either for additional transport. For details of flights and sailing letting accommodation or dwellings subject check the links below: to the necessary consents. There is car Caledonian MacBrayne Ferries daily from parking for approximately 20 cars to the front and side of the Hotel. Oban: www.calmac.co.uk Loganair twice daily from Glasgow: SERVICES www.loganair.co.uk The Hotel benefits from mains electricity HOTELS and water, as well as a recently installed Hebridean Air Services from Oban: private drainage system. An oil fired boiler www.hebrideanair.com/ provides hot water and propane gas is used Tiree Airport: www.hial.co.uk for cooking. Heating is mainly by electric LICENSED heaters. The Hotel is fully compliant with the The location of the Hotel is as per the map fire regulations. insert. RETAIL LICENCES WEBSITE OFFICES The business has a License in accordance www.tireescarinishhotel.com with the Licensing Scotland Act 2005. A INDUSTRIAL copy of the operating plan will be made VIEWING available to interested parties. All appointments to view must be UNITS made through the vendors selling TRADE agents: Trading figures will be made available subsequent to viewings. ASG Commercial Ltd, 17 Kenneth Street, Inverness, IV3 5NR PRICE Tel: 01463 714757 Fixed Price of £300,000) is invited for the Mob: 07799 896931 17 Kenneth Street heritable property, and grounds E-mail: [email protected] complete with goodwill and trade contents Website www.asgcommercial.co.uk Inverness (according to inventory), excluding personal IV3 5NR items. Stock at valuation. OFFERS All offers should be submitted in FINANCE & LEGAL SERVICES writing to ASG Commercial with whom 01463 714757 ASG Commercial Ltd is in touch with several purchasers should register their interest if lenders who provide specialist business they wish to be advised of a Closing finance. Paul T Hart (Director Commercial Date. Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access