Offers Over 195,000 (Freehold) Tangasdale Beach Cottages, Isle of Barra, Outer Hebrides, HS9 5XW
Superb lifestyle holiday letting business in a tranquil setting on the shores of the Isle of Barra Positioned within a striking trading location with stunning sea views and access to sandy beaches Two well-appointed self-catering cottages each sleeping 6 people with one twin and two double bedrooms Fully provisioned kitchen and spacious open plan sitting / dining room plus family bathroom Trading to a comfortable level, the business provides a quintessential lifestyle opportunity in a tremendous location
DESCRIPTION Tangasdale Beach Cottages represent a most desirable business opportunity set in a truly idyllic trading location on the Isle of Barra. This property has a charming and magical trading outlook overlooking rugged coastline, the beautiful white sands of Tangasdale Beach and out over the Atlantic Ocean. Situated just 2 miles west of the Islands main ferry Terminal, this attractive uncomplicated business is strategically placed to benefit those wishing to relax in beautiful surroundings and watch the setting sun at the end of the day. The two self-catering cottages offer an easy-to-operate business and simple trading model, making this a true lifestyle business. The letting cottages provide relaxing accommodation being presented in good order with quality décor, fixtures and fittings. The business offers flexible accommodation to suit a wide range of clientele. In addition to the excellent property, the subjects have spacious and attractive grounds. The business is presented to the market in operating condition with no requirement for additional significant capital investment. The sale of Tangasdale Beach Cottages represents an exceptional opportunity for new vendors to own a lovely self-catering business and charming holiday home.
REASON FOR SELLING The vendors have owned the property for 17 years and it is now their desire to retire that brings this charming business onto the market. TRADE The vendors trade the business at arm s length with a house keeper based on the Island to turnaround the cottages after being let. Operating year-round, the main season is from Easter to October, attracting a variety of tourists to include cyclists, walkers or those just enjoying a more leisurely holiday taking advantage of the natural beauty of the Island. The cottages are an ideal base for exploring the Island and cater to groups, families and couples, generating custom through a range of website based platforms producing a steady stream of customers. The cottages are presently let for full weeks or shorter-term lets. The vendors trade well below the VAT threshold and at a very leisurely pace which suits their lifestyle choices. LOCATION Tangasdale Beach Cottages are set in a most idyllic location situated close to the sea shore, near to the Isle of Barra Beach Hotel. The cottages face South West, overlooking the Atlantic Ocean with direct access to the adjacent wide, white sands of Halaman Bay and a secluded rocky cove, but are ideally situated to enjoy the whole of the island. Castlebay some 2.2 miles away offers a variety of local services including primary and secondary schools, sports centre with swimming pool, doctors, churches and various shops including a Co-op. The cottages are on the local bus route, a 10-minute drive from the ferry terminal and an 18 minute drive to the airport. THE PROPERTY The property is easily located adjacent to the Isle of Barra Beach Hotel and accessed via a tarmac drive off the A888. The cottages are of block construction under a profile sheet metal pitched roof. The building has a footprint of 70m2. The accommodation is mainly set to the ground floor with one bedroom on the first floor. The subjects have stunning views towards the sea at one side and open views across fields in the other direction. THE COTTAGES The business trades with two letting units dating to 1993 but have been extensively refurbished and modernized in recent times. The cottages are detached and accessed from a single entrance leading to the front doors. Both cottages have attractive furniture with spacious rooms making them cosy living spaces. The cottages are presented to a good standard of décor and the service provision includes all bed linen / towels, a welcome pack of washing-up liquid, washing powder, dishwasher tablets, toilet rolls and soap. Both units have Freeview television, DVD player and CD player / radio. Access to the cottages is via a solid front door which enters into the reception hallway. Off the hall is a double-door cupboard providing ample storage space for coats etc. There is also a large airing cupboard. To the right of the hallway is the spacious open plan sitting/ dining room which benefits from a patio door leading to gardens with views of the Atlantic Ocean. This attractive space has an electric fire and hearth, and is set to a dining table and sofa making it ideal for a family holiday. An attractive feature of this property is that the kitchen is separate from the other
living spaces. This well-appointed facility benefits from both wall and floor mounted units and has an electric cooker, dishwasher, microwave, toaster, kettle, washing machine, larder refrigerator and freezer. It also is well-equipped with a wide range of facilities ensuring that guests have all they need to make their holiday enjoyable. Along an inner hallway are the two ground floor bedrooms set to 1 twin and 1 double plus there is a family bathroom including a bath with shower over, W.C., wash hand basin plus heated towel rail. There is a further large double bedroom located on the first floor. GROUNDS The cottages are set with walled grounds and offer ample parking and recreational space for guests. The letting units face South West, overlooking the Atlantic Ocean, with direct access to the adjacent white sands of Halaman Bay and a secluded rocky cove. Each unit has grounds and a drying area. There is parking for up to 2 cars on the tarmac driveway adjacent to each letting unit. SERVICES The subjects benefit from mains electricity and water with drainage to septic tank. The cottages benefit from central heating via electric radiators which were installed in 2016. Electric is used for cooking in the letting units. All accommodation units are double glazed. TRADE The business trades below the VAT threshold and is operated on a restricted basis to suit the vendor s lifestyle. Trading profitably, the business could be traded more fully by new owners. Trading figures will be presented post viewing.
WEBSITE Tangasdale Beach Cottages do not have their own website but use a range of portal websites to promote the business including the Isle of Barra website (www.isleofbarra.com/ iobcottage.htm). PRICE Offers over 195,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory). EPC RATING The EPC ratings for the properties are: Cottage 1 - tbc Cottage 2 - tbc RATEABLE VALUE The business elements have rateable values of; No 1 Tangasdale Cottage is 2,400 and 2 Tangasdale Cottage is 2,000 (effective from 01 Apr 2017) both are eligible for 100% discount under the Small Business Bonus scheme for eligible applicants. FINANCE & LEGAL SERVICES ASG Commercial 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.
DIRECTIONS See map insert. VIEWING All appointments to view must be made through the vendors selling agents: ASG Commercial Ltd 17 Kenneth Street, Inverness, IV3 5NR Tel: 01463 714757 Mob: 07799 896931 (Paul Hart) Mob: 07557 785879 (Jackie MacGregor) E: info@asgcommercial.co.uk Web: www.asgcommercial.co.uk 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 if one is set. HOTELS GUESTHOUSES LICENSED RETAIL OFFICES INDUSTRIAL UNITS 17 Kenneth Street Inverness IV3 5NR Telephone 01463 714757 Contains Ordnance Survey data Crown copyright and database 2017 www.bedandbreakfastsales.co.uk