SUMMER ISLES HOTEL, ACHILTIBUIE, ULLAPOOL, ROSS-SHIRE, IV26 2YG. A S GCommercial. Offers Over 595,000 (Freehold)

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1 SUMMER ISLES HOTEL, ACHILTIBUIE, ULLAPOOL, ROSS-SHIRE, IV26 2YG A S GCommercial Offers Over 595,000 (Freehold)

2 Substantial and attractive hotel on West Coast of Scotland located in a unique and stunning setting with seaward views Iconic business benefitting from a magnificent trading location generating a high level of turnover circa 600,000 and impressive adjusted profitability of around 175, excellent quality en-suite letting bedrooms plus an attractive 2-bedroom self-contained log cabin Tremendous and spacious public rooms with unobstructed views of the Summer Isles Extensive and flexible staff / owner s accommodation and excellent service areas Spacious grounds and large utility buildings offer scope for further development subject to consents

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5 DESCRIPTION The Summer Isles Hotel provides an outstanding business opportunity set within some of the most rugged and stunning scenery Scotland has on offer. The property has a significant footprint within spacious grounds boasting spectacular views towards the Summer Isles. This Hotel has undoubted character and charm with its quintessential appeal to a wide customer base. The resplendent main building and its many annexes are in truly walk-in condition making this an obvious and desirable property for new discerning owners. The original subjects date back to 1860 with a long established trading history. However, the hotel now reflects modern hotel standards. The service standards on offer drive a thriving business producing an excellent level of turnover and high level of adjusted net profit. Owned and operated by our clients since 2008, they have now reluctantly brought the property to the market to reduce their work commitments to the hotel trade. TRADE The income earning aspects of this most attractive sale can be summarised as 11 excellent quality en-suite bedrooms plus a 2 bedroom self-catering log cabin, a sumptuous guest lounge, attractive dining rooms to seat around 30 covers, an attractive bar with a casual dining area / terrace and a large beer garden with unsurpassed views. The business offers versatile letting accommodation and service options to suit a wide range of clientele whether they are families, couples, individuals or groups. The region has a large number of holiday homes, lodges, campsites and B&Bs which adds to the hotels trading levels during the summer season. Projected turnover and adjusted net profit for the season is 600,000 and 175,000 respectively. The hotel has an excellent reputation for fine food and service standards. The resplendent dining rooms offer an enticing range of cuisine, sourcing its produce from local suppliers where possible. There is also an appealing range of casual dining options through the bar. This divergence of service is easily managed by utilising two separate kitchens. The Summer Isles Hotel is truly a destination location being a popular stop-over point drawing many regular visitors who enjoy the tranquil setting of the North West coast of Scotland. The hotel benefits from a high percentage of repeat business but also draws in new admirers each season. The present owner s operate under management trading from March to October, closing during the winter months.

6 However, the business reflects the professionalism and sound application of the current owners where service and attention to detail are two key business divers when summing up the character of this exceptional proposition. New owners, especially those wishing to take a hands-on role, could easily raise trading levels at the Hotel. The sale of the Summer Isles Hotel represents an exceptional opportunity for new operators to own a prestigious property and operate an impressive business which has a strong trading tradition and is set amidst some of the most stunning scenery in the UK. LOCATION The Summer Isles Hotel is 24 miles north of Ullapool on the North West coast of Scotland in the charming coastal community of Achiltibuie. This area is famed for its spectacular countryside, rugged mountains, stunning coastline and beautiful beaches. The idyllic scenery and open spaces combine to make the area highly popular with those seeking a relaxing holiday in the Scottish Highlands. The area is also a magnet for geologists due to the Glencoul Thrust and many other natural phenomenon which are located in the North West Highlands Geopark. The region is renowned for its outdoor activities and there are Munro s within the area plus many more leisurely walks. Many take advantage of the challenging hill and loch walks in the region including the iconic Suilven, the world famous Stac Pollaidh and Ben More (Assynt), one of the most northerly of the Munros. The coastal location supports sea-fishing and sailing; the freshwater fishing amidst unspoilt surroundings is another favoured option. The wide range of birdlife and animals roaming wild are a great attraction. The area boasts a vast array of flora and fauna including puffin and artic tern; this idyllic locality attracts a great many ornithologists as sea eagles and many other birds can be readily seen. Visitors interested in fauna can see deer, otters, pine martens, wild cat etc. The area is also very popular with cyclists and motor cyclists. The village of Achiltibuie benefits from a post office, petrol station and grocer. There are a full range of social and welfare facilities in Ullapool and Lochinver some 18 miles to the North. Achiltibuie has a community hall, post office, convenience store and doctors surgery. There is a primary school in the village and secondary pupils attend Ullapool High School. The hotel is advertised via a range of portal websites including VisitScotland, listed in the Good Hotel Guide and benefits from a TripAdvisor - Certificate of Excellence 2016.

7 THE HOTEL The hotel is situated off the main road running through the village and has ample parking to the front and side of the property. A tarmac road leading to the rear aspects provides a shared access. The hotel is approximately 155 years old with the original subjects being of stone construction under a slate roof. The main trading accommodation is set over two levels and business reflects a modern standard throughout. The property boasts comfortable guest facilities bringing together modern amenities without compromising the hotel s traditional ambience and charm. The public areas are pleasantly furnished and attractively decorated. The splendid feel of the hotel coupled with an inspiring location with open views to the coast provides a unique level of appeal. PUBLIC AREAS The hotel s main entrance leads via a vestibule and then into the attractive reception hallway. To the right is a spacious lounge area where there is an attractive bar with bar stools and set to soft furnishings. The lounge has an open fire centrally located to the room and offers unobstructed views towards open water. The dining rooms are situated to the left of the reception corridor. Set to free-standing tables and chairs with white tablecloths, the two dining areas are set to around 30 covers; one has an open fire place and the other has a wood-burning stove, these are more decorative than functional and the hotel is heated by mainly oil-fired central heating. Set to the front of the property both dining areas have large windows allowing for excellent natural light whilst benefiting from glorious coastal views. There is a guest library on first floor offering a quiet place for guests to retreat after a busy days activities. There is a cosy public bar to the side of the hotel with its own private access with seating for casual diners plus a small terrace.

8 LETTING ACCOMMODATION An attractive feature of this hotel is its diverse range of quality letting accommodation which permits the hotel to meet the needs of varying travellers and group sizes. All rooms are well-appointed with a good range of in room facilities. Individually decorated and each being named after the theme of the room or local feature, they offer quality and comfort. The accommodation caters for up to 28 guests and is configured to: Within the Main Hotel (first floor): Mackay Double/twin en-suite with sitting area offering sea views Irvine - Double en-suite separate ornate bath and shower; with sea views Chaplin - Double en-suite Annex Rooms (all accessed from the ground floor): Boathouse Suite - open plan sitting room with a sofa-bed, large bathroom, dressing / drying room set to the ground floor. From an attractive spiral staircase access is gained to the first floor where there is a spacious double bedroom. Tanera Mor Double/twin en-suite bathroom (bath and shower) with lounge area benefitting from sea views Tanera Beag Double/twin en-suite bathroom (bath and shower) with lounge area benefitting from sea views Oscaig Double/Twin en-suite with shower over bath Lurgainn Double/Twin en-suite with shower over bath Stac Pollaidh Double/Twin en-suite shower room Suilven Double/Twin en-suite shower room An Teallach Double/Twin en-suite shower room Log House - Set to the rear of the subjects this charming Norwegian chalet offers a spacious open plan living / dining area with a modern kitchen. Sleeping accommodation includes a twin bedroom and double bedroom which utilise a family bathroom with shower over bath. SERVICE AREAS The hotel benefits from 2 commercial kitchens which operate side by side. This configuration allows for the effective delivery of two excellent yet diverse menus. Both are well-appointed with a wide range of functional equipment. The kitchens have industrial flooring and commercial extraction units. Off the kitchen are ancillary rooms and to the rear are a number of support buildings including a laundry. There is a chilled beer cellar off the main bar. The building has ample administrative and storage space.

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12 OWNER S / STAFF ACCOMMODATION Within the main hotel are two rooms used as staff accommodation. Situated on the ground floor is a double bedroom with en-suite shower room. The second double bedroom is situated on the first floor and has an en-suite shower room. In addition there is a manager s studio flat comprising of 2 bedrooms, kitchen, dining room and shower room located on the ground floor. On the first floor is a large open plan sitting room with mezzanine level. Additionally, a further chalet situated to the rear of the subjects is utilised by staff. This chalet benefits from 5 bedrooms (4 singles and 1 twin), an open plan lounge / dining area with kitchen plus a bathroom and separate shower room. GROUNDS The Summer Isles Hotel is set within spacious grounds with ample car parking. The hotel boasts beautiful grounds and well-maintained gardens. Extensive outbuildings to the rear accommodate fridge and freezer storage, laundry and linen room, general storage, wine cellar etc. In addition there is large garage store plus a large storage shed. An attractive beer garden with open views sits to the side of the hotel and there is amenity ground to the front of the log cabin. SERVICES The property benefits from mains electricity, water and private drainage. LPG gas for cooking. Heating to the properties is mixed between oil fired central heating, electric heating or central heating from gas. The property is fully fire compliant. TRADE Summer Isles Hotel is a successful business trading profitably from approximately 7 months trading. The projected turnover and adjusted net profit for the season is 600,000 and 175,000 respectively. Full accounting information will be made available to seriously interested parties subsequent to viewing. LICENSES The business operates a license under the Licensing Scotland Act 2005 and a copy of this will be made available to interested parties post viewing. WEBSITE PRICE Offers Over 595,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation. EPC RATING The EPC rating of the property is G. FINANCE & LEGAL SERVICES ASG Commercial Ltd is in touch with several lenders who provide specialist finance to the hospitality trade. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of legal experts who can act in all legal matters arising to include conveyancing and licence transfers. DIRECTIONS See location map. VIEWING All appointments to view must be made through the vendors selling agents: ASG Commercial Ltd (See website for contact address); Tel: Mob: E: info@asgcommercial.co.uk Web: OFFERS All offers should be submitted in writing to ASG Commercial Ltd with whom purchasers should register their interest if they wish to be advised of a closing date. A S GCommercial Hotels Guesthouses Licensed Retail Offices Industrial Units York House 20 Church Street Inverness Telephone Contains Ordnance Survey data Crown copyright and database