Hotels and Motels for sale in Gairloch

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S Martin (Feb 2013)
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Freehold Price: £899,950 Annual Turnover: £491,470
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Business Description
• Extensively Refurbished, Public Bar
• 12 En-Suite Letting Rooms, Lounge Bar
• Owners Chalet, Function Suite
• EBITDA in excess £108,000 (2014/2015)

A Well Presented Hotel & Successful Business Which Has Undergone Extensive Refurbishment.
The sale of Myrtle Bank Hotel offers a rare opportunity to purchase a high quality, beautifully presented property & business which is trading well but with potential for expansion of the business and property.
REF: 44416
PRICE: £899,950

Myrtle Bank Hotel is an extremely well run business that has been operated by the current proprietors since 2006. The property has been placed on the market due to the current proprietor’s wish to retire. The business trades throughout the year and benefits from much repeat custom. It's quality is reflected in the number of awards it currently holds such as achieving 4.5 out of 5 on trip advisor and being ranked number 1 in the area. Additional marketing is carried out through its own informative website www.themyrtlegairloch.co.uk. Since purchasing the business in 2006, the current vendors have carried out extensive refurbishment, including all roofs, electrics, fire system and fire doors. In addition, the vendors have replaced the majority of kitchen equipment and have installed a large patio area to the front offering uninterrupted views across the loch to the Isle of Skye and the Hebrides.

Summary. The sale of Myrtle Bank Hotel offers a rare opportunity to purchase a high quality, beautifully presented turnkey and ready to trade property and business which is trading well but with potential for expansion of both the business and property. Viewing is highly recommended.
Tenure: Freehold

Listed by: Bruce & Co
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BC44416
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