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Ben Loyal Hotel Ben Loyal Hotel and Self-Catering Complex 11 Room Hotel Tongue IV27 4XE $1,274,625 ($115,875/Room)
INVESTMENT HIGHLIGHTS
- Historic Highland 3-Star (VisitScotland) hotel in a stunning elevated setting on the ever-popular North Coast 500 tourist route in beautiful Sutherland.
EXECUTIVE SUMMARY
Offers Over £955,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
Description
The Ben Loyal Hotel is a most attractive and multi-faceted business set in a breath-taking location nestling high above the Kyle of Tongue, set centrally to the now highly popular North Coast 500 tourist route. Other vistas include Ben Loyal, Ben Hope and the ruin of Castle Varrich. The original subjects were a disparate number of properties built in the 1800s which combined to make the existing trading entity in 1961. The current owners developed this excellent 11-bedroom hotel to include 2 self-catering houses (both 3-bedroom) and in 2020, 6 exceptional glamping pods were added which offer superlative views. The subjects are in generally excellent condition with spacious and well-appointed public and service areas. The hotel offers a tremendous platform for new owners / operators wishing to trade the business to the next level, as it is situated in a popular destination location for many visitors during the main season (April to October). The business boasts a number of exceptional features and should be considered as a ‘must view property’.
Reason For Sale
The owners have operated the hotel since 2010 but are now seeking to retire from the hotel sector and focus on other business interests. It is this change of direction that presents this excellent business proposition to the market.
Description
The Ben Loyal Hotel is a most attractive and multi-faceted business set in a breath-taking location nestling high above the Kyle of Tongue, set centrally to the now highly popular North Coast 500 tourist route. Other vistas include Ben Loyal, Ben Hope and the ruin of Castle Varrich. The original subjects were a disparate number of properties built in the 1800s which combined to make the existing trading entity in 1961. The current owners developed this excellent 11-bedroom hotel to include 2 self-catering houses (both 3-bedroom) and in 2020, 6 exceptional glamping pods were added which offer superlative views. The subjects are in generally excellent condition with spacious and well-appointed public and service areas. The hotel offers a tremendous platform for new owners / operators wishing to trade the business to the next level, as it is situated in a popular destination location for many visitors during the main season (April to October). The business boasts a number of exceptional features and should be considered as a ‘must view property’.
Reason For Sale
The owners have operated the hotel since 2010 but are now seeking to retire from the hotel sector and focus on other business interests. It is this change of direction that presents this excellent business proposition to the market.
PROPERTY FACTS
| Price | $1,274,625 | Lot Size | 0.22 AC |
| Price Per Room | $115,875 | Building Size | 12,230 SF |
| Sale Type | Investment | No. Rooms | 11 |
| Tenure | Freehold | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1900 |
| Property Subtype | Hotel | Parking Ratio | 2.33/1,000 SF |
| Building Class | B |
| Price | $1,274,625 |
| Price Per Room | $115,875 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 12,230 SF |
| No. Rooms | 11 |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.33/1,000 SF |
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 11 | $152.15 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Ben Loyal Hotel | Ben Loyal Hotel and Self-Catering Complex
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