Highly Attractive Tea Room and Self-Catering Studios Situated on the Isle of Mull
Highly Attractive Tea Room and Self-Catering Studios Situated on the Isle of Mull
Overview
Description
- Well-established and profitable business in a beautiful location.
- Tastefully renovated property with delightful features in walk-in condition.
- Ideally located in the Hamlet of Calgary on Mull, only ¼ mile from gorgeous beaches.
- Optional purchase of 0.25-acre plot with planning permission available by separate negotiation.
- Development opportunities such as extending trading hours and changing the use of staff accommodation.
DESCRIPTION
Calgary Tea Room & Studios is a well-established and profitable business with an excellent reputation. It comprises a licensed Tea Room, takeaway, 3 self-catering units and a further 2 units, currently used for staff accommodation. In addition, the current owners are separately selling a plot that sits alongside the premises comprising of approx 0.25 acre, where planning permission has been granted recently from Argyll & Bute Council for a 3 bedroom 1 and ½ storey house. Details of which are available upon request
Set in the Hamlet of Calgary on the Isle of Mull and only ¼ of a mile from the stunning Calgary Bay & Beach, the Tea Room is very popular with Mull residents, tourists and benefits from passing trade. This is not surprising given the excellent location where many tourists visit the island due to its stunning scenery, unspoilt beaches, wildlife, excellent sailing waters and glorious sunsets.
The property, which was acquired by the current owners over 30 years ago, nestles into the landscape and was originally a cart shed & stables. It has been sympathetically renovated and now trades as the successful business it is today. The Tea Room and takeaway only operates during the main Tourist Season from March to end October thus giving new owners the option of increasing turnover by expanding trading further. The self-catering units are available throughout the year with 2 units currently used as staff accommodation that could easily be converted to further self-catering properties at minimal cost.
THE PROPERTY
The property originally dates from the early 1900’s. Since acquisition it’s been carefully and tastefully renovated over the last 30 years to its current level. Internally the property is of modern construction retaining the attractive exposed original stone walls in several areas. Arranged over 2 floors, the Tea Room, one of the self-catering units and the 2 staff units are on the ground floor and the other 2 self-catering units are on the first floor. The Tea Room was developed in 1991 and the accommodation area in 1998, since then the welfare facilities were added in 2016/17.
REASON FOR SALE
The current owners have run the business for over 30 years, initially as a small hotel, and they have now decided to concentrate on other interests’ whilst at the same time remaining in Calgary. As such they are very happy to provide a detailed handover as well as being available to mentor and assist the new owners as required.
TRADING AREAS
The business is situated in a prominent roadside location within Calgary with ample car parking facilities adjacent to the property including shared car parking with the gallery to the rear of the property. The Tea Room is bright and airy and comprises 30 covers inside with a further 20 outside in an attractive courtyard setting. There is also a small retail / shop area within the Tea Room and there is very good range of fixtures & fittings and fully operational kitchen.
The Tea Room can be accessed from the front courtyard area as well as the rear of the property and is adjacent to the famous and well-established Calgary Art in Nature & Calgary Arts Gallery. Both businesses complement each other with a largely shared footfall and parking, offering visitors a destination with several nearby attractions. The ground floor comprises the Tea Room, public toilets, the fully equipped kitchen, shop area, storage cupboard and an excellent covered drying & washing facility.
There is the one bed Cart Studio which is self-contained and offers a very comfortable living area, ensuite shower & fully equipped kitchen area. Still on ground floor level at the rear of the building and being used currently as staff accommodation there is a one-bedroom unit with living area, kitchen and ensuite facility as well as a further 2-bedroom unit with a kitchen, bathroom with shower and living area within the larger bedroom. Both staff areas were in the past used as self-catering units and could easily be switched to such again.
The first floor of the building houses the 2 one-bedroom self-catering units known as East and West Lofts. Each sleep 4, using a sofa bed situated in the lounge. Both mirror each other and are extremely popular for letting. They are accessed via a staircase from the courtyard each offering generous living accommodation, a double bedroom, fully equipped kitchen within the living room and a bathroom with a bath and shower over.
The business enjoys good profitability as a consequence of its location, condition and the excellent service/ facilities provided. The current owners have continually invested in the property/ business resulting in it being in walk-in condition.
SERVICE AREAS
The premises are very well laid out to support the business with the self-catering and staff living areas completely separate from the Tea Room. There is a large workspace covered area accessed from the Tea Room foyer which acts a work area, washing & drying facility.
SERVICES
The property benefits from mains electricity, shared private water supply & drainage, solar water heating, oil fired heating, full internet coverage and PV panels. There is also a phone line situated in the Tea Room. Fire detection is provided throughout.
DEVELOPMENT OPPORTUNITIES
There are a number of areas that could be developed to assist growth and income / profits generation such as:
- Changing some or all of the staff accommodation properties to self-catering.
- Extending the Tea Room opening hours and opening on a restricted basis during the shoulder months.
- Trade the self-catering units during some or all of the winter months.
- Construct owners’ accommodation on the 0.25 acre development site.
- Consider hosting events and offering evening meals.
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