Shandwick House Chapel Street

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1 Shandwick House Chapel Street Tain, IV19 1EL 425,000

2 Chapel Street Tain, IV19 1EL CCL is delighted to br ing to mar ket Shandwic k Guest House, a thr iving business with a gr eat r eputa on for quality ac c ommoda on in the pic tur esque Highlands of Sc otland. Situated in the thr iving town of Tain, Ross and Cr omar ty, the ar ea is a pr ime tour ist des na on r enowned for outstanding landsc apes and diver se ac vi es and benefits fr om high oc c upanc y levels and visitor s thr oughout the year. Tain is also loc ated on the luc r a ve NC5 0 0 whic h is ex per ienc ing a substan al inc r ease in tour ist tr ade. The pr oper ty is in immac ulate c ondi on thr oughout having been fully r efur bished in to pr ovide 6 individually styled le ng r ooms (5 en-suite, 1 with pr ivate bathr oom) while inc luding a self-c ontained 3 bed owner s ac c ommoda on. The business has pr oven to be a thr iving suc c ess and is an outstanding oppor tunity for any pr ospec ve pur c haser. Vendor Financ e is also an op on.

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4 The Business Following an extensive refurbishment program, Shandwick Guest House commenced trading as a luxury 6 bed guest house in July 2014, offering comfortable accommoda on at affordable prices to the many tourist and corporate visitors that frequent the area. Without ac vely marke ng their services, the business enjoyed con nuous occupancy levels of 100% during its first peak season and con nues to generate a healthy income from short and long term lets. Developments in the energy and service sectors in nearby Nigg and Invergordon have created demand locally for suitable accommoda on of this type with Shandwick being ideally located to cater for the same. This constant and sustainable income stream has proven to be lucra ve for many hospitality businesses in the area and it looks set to con nue with addi onal loca ons along the cost seeing significant investment. Tain is also located on the North Coast 500 route (aka NC500), Scotland s answer to Route 66. Showcasing the North Highlands stunning scenery, the route is considered one of the top coastal routes in the world which stretches for more than 500 miles features roads in the Black Isle, Caithness, Sutherland and Wester Ross. Since its launch in 2015, this dis nct and exci ng tourism product has boosted tourism and economic growth across the region with accommoda on providers and visitor a rac ons experiencing a substan al increase in trade. Owner operated, this is an easily managed and well run business that has enjoyed a consistent trade and is genera ng a strong turnover. The property is in immaculate condi on throughout, new owners will be able to commence immediate trading while establishing their own reputa on. Grade B listed building has been fully restored and tastefully decorated throughout. Presen ng a contemporary period décor, all rooms are immaculately furnished providing luxury accommoda on over three floors. The property also benefits from large windows allowing for substan al natural light crea ng bright and comfortable spaces with views of the garden. A basement provides two addi onal storage/boiler rooms. Entering through the front door, visitors are welcomed by a recep on hall with spiraling stairs leading to the upper floors of le ng rooms. A large dining room with dual aspect windows, freestanding tables and chairs and wood burning stove is situated first le. Solid wood base units with contras ng work surfaces and a single basin sink line the back wall to provide self cater facili es to the guests. A sizable lounge with large window frontage and wood burning stove, currently u lized as the owner s living room is located first right. A func onal galley style kitchen with external entrance is located down a half flight of stairs within the owner s accommoda on and boasts a range of base and wall units, a free standing range cooker, and a number of in grated and freestanding appliances. The property benefits from 6 spacious le ng rooms (5 en-suite, 1 with allocated private bathroom) on the first and second floors consis ng a mix of accommoda ons. Each room is immaculately presented and decorated to the highest standard with a rac ve furnishings and modern features including generous en-suite shower facili es. From the recep on, internal access to the owner s accommoda on, lounge and kitchen are gained via a secure door comprising a family bathroom and 3 bedrooms, one with a large walk-in closet. The accommoda on has ample storage and offers views of the rear of the property and cellar access. The Property Renovated and refurbished in 2014 to the highest standard, this

5 External This elegant Grade B listed building with rear extension occupies a prominent trading posi on with roadside presence on the town s Chapel Street. The property is enclosed at the front by stone walls and cast iron railings while a large fenced garden is located at the rear. A large private parking area laid in tar adjoins the property to the le providing sufficient parking for a number of vehicles. Situa on Located in the center of Tain on the town s Chapel Street, Shandwick Guest House is one of the most central guest houses and benefits from its prominent trading loca on. Situated just off the A9, this small but thriving town is well serviced with excellent road and public transport networks and offers easy access for Inverness, Invergordon and Thurso. Tain is also located on the NC500 Route. The town offers a wide range services and ameni es including shopping, business and leisure facili es, together with primary and secondary schooling and health care facili es. Inverness is located 34 miles south and provides a ra of ameni es, shopping and services as well as a railway sta on providing direct transport across Scotland and dedicated sleeper service to London. It also benefits from an Interna onal airport Inverness airport which offers a number of flights throughout the UK and to mainland Europe. Tain is an ideal base for exploring the surrounding area of the northern Highlands with its outstanding scenery, host of historical, cultural, outdoor and leisure pursuits. On offer are scenic landscapes, forest walks, beau ful award winning beaches, rugged glens, championship golf courses, loch and sea fishing, Whisky Trails, seaside towns, market burghs and turreted castles. The area boasts the most extensive and diverse tourist trade. The hospitality industry remains a high value and sustainable sector in area with the northern Highlands being a popular des na on. Demand for short, weekend and long stay break accommoda on is high and Shandwick Guest House is ideally situated to take full advantage and meet that requirement. Services The property has mains electricity and water with private drainage. Par al double glazing and Biomass energy saving central hea ng which generates a 6,000 government payment annually. Tenure The property is held on the Sco Trading Figures sh equivalent of freehold. Full trading informa on will be provided a er formal viewing has taken place. Summary A beau fully presented Guest House situated in the spectacular highland scenery of Ross and Cromarty. Prospec ve purchasers would gain a hospitality business in an affluent loca on that can support a sustainable trading performance with adequate demand for its services. Viewing is highly recommended to truly appreciate the size of the property and excep onal value that it offers. Price Offer Over 425,000 is sought for the freehold, fixtures and fi ngs. Vendor finance may also be available to the value of 50% of the agreed sale price.

6 62 High Street, Elgin Moray IV30 1BU