Hotels and Motels for sale in Moray

View the "Isle Of Barra Beach Hotel - Isle Of Barra" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Freehold Price: £0 Annual Turnover: £432,000
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Business Description
• Income of £432K for the year ended 30th September 2014
• 39 Letting Bedrooms
• Self-catering, self-contained apartment included (The Bolt Hole)
• 2 further flats included, currently used as owners’ accommodation

The opportunity offered is the acquisition of the Isle of Barra Beach Hotel, a stunning and well-presented Hebridean Hotel in a commanding beach location. The business was purchased by the current owners in 2007 and has undergone an extensive and ongoing process of refurbishment to ensure a high quality of facilities.

The opportunity offered is the acquisition of the Isle of Barra Beach Hotel, a stunning and well-presented Hebridean Hotel in a commanding beach location.
The business was purchased by the current owners in 2007 and has undergone an extensive and
ongoing process of refurbishment to ensure a high quality of facilities are available.
The Isle of Barra Beach Hotel is the most Westerly Hotel in the British Isles and occupies an elevated position in Tangasdale, just 2 miles from the ferry terminal in Castlebay.
The property commands an impressive position overlooking Halaman Bay and Tangasdale Beach.

A summary of the investment is as follows:

* Income of £432K for the year ended 30th September 2014

* 39 Letting Bedrooms

* Self-catering, self-contained apartment included (The Bolt Hole)

* 2 further flats included, currently used as owners’ accommodation

* Property has direct access to the beach and owns part of Tangasdale Beach

* Extensively refurbished

* Cinema room for 14 people

* Strong relationships with a variety of tour operators, providing regular trade

* Ranked number 1 on Trip Advisor for hotels on the island, with a score of 4 out of 5

* The Hotel was voted number 2 of the top ten located hotels in Europe by British Airways Highlife
magazine in 2007.

* The building was awarded the Europa Nostra - Diploma of Merit in 1979 for admirable design which
harmonizes the rugged coastline and countryside.

* Significant scope for redevelopment exists, with architect plans already in place

* Opportunity to substantially increase income and profitability

* Ranked the 15th best beach in Europe by www.EuropeanBestDestinations.com
Tenure: Freehold

Listed by: Kings Business Transfer
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KBT43821
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