www.gapinthemarket.com Portfolio of Holiday Cottages Main Street Portpatrick
Location: the properties forming the portfolio are shown by way of the arrows in red.
This building houses the cottages Known as Jura and Skye, both with 2 bedrooms
This building houses the cottages Known as Islay and Bute, both 3 with bedrooms
This building houses the upper apartment at first floor, known as Iona, this with 2 bedrooms
Portfolio of Holiday Cottages, Main Street, Portpatrick, DG9 8JJ 5 superbly appointed properties presented for sale as a portfolio and representing an exciting investment opportunity. Ideally our clients are looking to sell the portfolio as a whole but that is not say that offers would not be considered for a property in isolation. The five properties have in recent times been completely renovated and the portfolio is offered for sale in good condition. Each property is in excellent decorative order with a neutral colour palate having been adopted. The properties are well appointed and sport contemporary fitted kitchens and bathrooms. The properties are equipped with electric heating. Our clients have each property furnished to a high standard and this furniture, floor coverings, blinds etc will be included in the sale. Our clients have operated this holiday business for 5 years over which time there has been steady occupancy, presently averaging 30 weeks a year (across each property). The business continues to grow and the season appears to be extending each year, evening out the traditional spikes at peak season periods. Portpatrick is and always has been a very popular holiday destination be it for weekend breaks or longer stays. However our clients have also had uptake for the properties from businesses operating in the area looking for accommodation for contractors etc and this alternative business dynamic affords potential to maintain occupancy through traditionally quieter periods. The properties are located in a central location within the picturesque village of Portpatrick. This is locally referred to as the old part of the village, close the sea front and stunning harbour basin. Properties in this quarter are of the traditional vernacular. From this situation the properties in the portfolio are well placed to access the many restaurants and bars which can be found in the village and are a short walk from the sea front and harbour. The properties are at present named after islands which can be found of the west of Scotland and for the purpose of these particulars we have referred to the properties as they are named by our clients: Jura: this is a mid terrace 2 storey house with a floor area of approx 71m² (764ft²) and comprising: Living Room cum dining space through to Fitted Kitchen, 2 Bedrooms, Shower Room and Cloak Room Skye: this is a mid terrace 2 storey house with a floor area of approx 71m² (764ft²) and providing the same accommodation as the Jura noted above. Islay: this a mid terrace 2½ storey house with floor area of 71m² (764ft²) and comprising 3 bedrooms with Living Room cum dining space through to Fitted Kitchen and with Cloak room and Bathroom Bute: this is mid terrace 2½ storey house with floor area of approx 74m² (796ft²) and comprising 3 Bedrooms (one with en suite); Living Room cum dining space through to Fitted Kitchen; Cloak Room and Bathroom Iona: this is an upper floor apartment over approx 105m² (1130ft²) and which comprise at first floor level: fabulous open plan Living Room/Dining and Fitted Kitchen; 2 Bedrooms and Bathroom The cottages known as Jura, Skye, Islay and Bute are located side by side in a terrace row. They each enjoy rear door acces to a small outside space. The apartment, Iona is situated on the opposite side of the street. The locality of the properties is shown by way of the photograph on page 2 of these details. Our clients promote the properties and business by way an holiday agency as well as their own established web site. The present business model affords further potential to expand upon this. Our clients website incorporates virtual tours showing the cottages, visit www.portpatrickholidayhomes.co.uk and follow the links. All in all this is superb opportunity to acquire a portfolio with an already good flow of bookings and ever growing popularity. Attractively appointed cottages/ apartment in a stunningly attractive West of Scotland village.
Example of Interior: Cottage known as Skye Example of Interior: Cottage known as Skye Example of Interior: Cottage known as Skye Example of Interior: Cottage known as Skye
Example of Interior: Apartment known as Iona
Example of Interior: Cottage known as Islay Example of Interior: Cottage known as Islay Example of Interior: Cottage known as Islay Example of Interior: Cottage known as Islay
Location Portpatrick has a charming harbour as its focal point and the village boasts an array of restaurants, bars and hotels. There is also a primary school in the village and a variety of small independently owned shops. Just on the edge of Portpatrick is Dunskey Golf Course. The village which sits on the rugged south west coast of Scotland is situated amidst delightful surroundings. The district is home to many attractions including: the Mull of Galloway, Scotland s most southerly point; Southern Upland Way the starting point which is in the village; excellent golf courses; Logan Botanic Gardens; Galloway Forest Park, Newton Stewart which was awarded the prestigious designation of the first Dark Sky Park in the U.K.; RSPB Reserve. There are of course the usual field sports, rivers for fishing and a variety of delightful inland and coastal walks. The district is known as the Rhins and the principle town serving the district is Stranraer approximately seven miles from the village. In Stranraer can be found nursery, primary and secondary schooling, a general hospital, a variety of independent and multiple retailers, leisure centre with swimming pool and a number of hotels and restaurants. At Stranraer Harbour there is a marina with moorings for pleasure craft and a railway station in Stranraer which affords connections north to Ayr, Prestwick Airport and Glasgow. At Cairnryan there are ferry connections to Northern Ireland. Wigtownshire is a corner of south west Scotland renowned for its wonderfully contrasting and striking scenery and also a particularly mild climate throughout the year. The main routes into this corner of Wigtownshire are the A77 south from Glasgow/Ayr this route travelling along the stunning south Ayrshire coast and travelling west from Carlisle and Dumfries it is the A75. Ayr approx 58 miles. Prestwick Airport approx 62 miles. Dumfries approx 79 miles. Carlisle approx 113 miles. Directions On arriving at Stranraer follow signs for Portpatrick A77. Continue southbound away from the town and at signpost, Portpatrick/Lochans turn right and continue ahead. On arriving at Portpatrick proceed ahead and travel down into the village, on Main Street. The subject properties are located on the left and right hand side of Main Street adjacent and opposite The Downshire Hotel. General Comments The properties are for sale with all furniture and white goods etc. The Cottages Islay and Bute are listed as 10a and 10b Main Street, Cottages Skye and Jura are listed as 12a and 12b Main Street. The apartment, Iona is listed as 45a Main Street. Offers Offers over 1.25m are sought for the subjects as whole. Our clients have prepared a financial overview on the performance of each of the cottages/ apartment and this can be made available to genuinely interested applicants who have viewed the properties and thereafter have noted interest formally. Offers should be submitted to the agents in writing through a solicitor. Interested parties are advised to register their interest formally through their own solicitor. Should a closing date for offers be set only those parties who have registered interest formally will be notified. Prospective purchasers are advised that the vendor reserves the right to accept any offer at any time. EER: Cottage Jura: D67; Cottage Skye D67; Cottage Islay D67; Cottage Bute D67; Apartment Iona awaiting EER Band Rateable Values: Cottages Islay and Bute RV = 1,800. Cottages Skye and Jura RV = 1,200 Apartment Iona RV = 1,200. Local Authority: Dumfries and Galloway Council Viewing By appointment only. Contact the agents, G A P, telephone 01465-713498. Conditions of Sale: We have attempted to make our sales details as accurate as possible from the information we have about this property. If there is any point which is of particular importance please contact our office and we will endeavour to check the information. We would advise this course of action if prospective purchasers are travelling some distance to view the subjects of sale. All dimensions and distances etc are approximate and photographs are intended only to give a general impression. Floor plans are schematic and not to scale. Systems are untested and appliances are sold as seen. Prospective purchasers should make their own investigations and obtain their own reports as they think necessary The contract to sell will be based only on the concluded missives. These particulars and any other correspondence or discussions will not form part of the contract. If we can be of further assistance please do not hesitate to contact us. Pre-sale Appraisal: If you are considering moving we would be delighted to carry out a pre-sale appraisal of your existing property. For full details contact one of our branches.
www.gapinthemarket.com 01465 713498 81 Dalrymple Street, Girvan, KA26 9BS ayrshire@gapinthemarket.com Stranraer 01776 700060 stranraer@gapinthemarket.com Newton Stewart 01671 402104 galloway@gapinthemarket.com Regulated by RICS