Melfort Pier and Harbour. Kilmelford, Argyll

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1 Melfort Pier and Harbour Kilmelford, Argyll

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3 A unique home and tourism business with private pier and harbour located in a highly scenic location on the west coast of Scotland Melfort Pier and Harbour, Kilmelford, Argyll Oban 16 miles, Oban Airport 21 miles, Fort William 59 miles, Glasgow Airport 104 miles, Edinburgh Airport 131 miles

4 13 Holiday homes Pier, slipway and harbour 20 leased moorings Fantastic loch side views Further development potential (subject to planning consents) About 4.5 acres in total

5 Background This is a genuinely rare opportunity for the discerning purchaser to acquire a 4.5-acre (approximately) prime waterfront site, complete with private harbour, two private beaches, three slipways, twenty deep water moorings, with Crown Estate lease, an ancient pier, with fishing rights, title to the low water mark, and thirteen beautifully designed and equipped holiday homes. Melfort Pier & Harbour is in a stunning location, on the shore of one of the most beautiful sea lochs on the West Coast of Scotland, where the Highlands come down to the sea, and currently operates as a well run self-catering business. This is a great investment opportunity in a superb part of the world, and is offered for sale due to the owner s advancing years, after 25 years constructing every part of the entire property except the ancient pier. This is a must see to absorb and appreciate the tranquillity and ambience of Melfort Pier & Harbour, and the surrounding Highlands. Situation The property is 1.5 miles west of the village of Kilmelford, which is situated on the A816 Lochgilphead to Oban road. Kilmelford has a village shop, post office, hotel and marina. Oban is the main ferry port for Argyll and the south-western Highlands and Islands of Scotland. Lying 16 miles to the north of Melfort Pier & Harbour, Oban is an important town of commerce and provides a variety of retailers, wholesalers, professional services, a hospital, secondary school with sports and leisure facilities, and a ferry terminal with daily services to a range of islands including Mull and the Outer Hebrides. There is also a small airport at Connel, 4 miles north of Oban which is popular with private aircraft. There are scheduled flights from the airport to Coll, Tiree, Islay and Colonsay. To the south, Crinan (21 miles) and Lochgilphead (22 miles) provide further services and are popular with tourists including sailors navigating the Crinan canal which connects Loch Fyne (on the east side of the Kintyre peninsula) with the Sound of Jura and the Atlantic Ocean (on the west side). Lochgilphead is the administrative capital of Argyll and location of the main council offices. The quality of sailing off the Argyll coast and Inner Hebrides is of world renown and the property is therefore perfectly placed for sailing enthusiasts to explore much of the west coast. In terms of land-based activities, there are several golf courses within an hour s drive of Melfort Pier & Harbour including the Isle of Seil course at Balvicar, the Glencruitten course near Oban and courses at Lochgilphead, Tarbert and Taynuilt. With a large extent of Forestry Commission woodland in the district, there is an almost endless choice of routes for cyclists, mountain bikers and hill walkers. There is a fantastically diverse range of activities within a drive of an hour or so, with many islands to explore, mountains to climb, lochs to fish, pubs and restaurants to dine at throughout Argyll.

6 Description The land at Melfort Pier was purchased in 1990 by the current owners. Over the period since the entire property including the current accommodation and facilities available today have been developed. The development makes full use of its fantastic and unique setting with breath-taking views down Loch Melfort and beyond from every property. The individual houses are centred round the traditional stoneconstructed pier and harbour with the total site area extending to approximately 4.5 acres (1.82 hectares). All the properties are of concrete and cement block construction, faced with local quarried stone, and cedar cladding. In addition to the houses, Melfort Pier & Harbour includes two small beaches,150 feet of floating docks, three slipways and undercover dinghy storage. There is ample parking adjacent to each of the houses, with tarmac driveways and walkways throughout. The residential properties comprise 13 Scandinavian-style holiday homes, with a mixture of one, two or three en-suite bedrooms, and each with a sauna and spa bath, together with well fitted out kitchens and flat screen TVs, and each house with a balcony or patios. Accommodation in the individual properties is summarised as follows: Bridge Deck (1 bedroom - 2 bathrooms, EPC G) Moorings (2 bedrooms - 2 bathrooms, EPC G) Pier West (2 bedrooms - 2 bathrooms, EPC G) Boathouse West (3 bedrooms - 3 bathrooms, EPC G) Boathouse East (3 bedrooms - 3 bathrooms, EPC G) Commodore Suite (1 bedroom - 1 bathroom, EPC G) Anchorage (2 bedrooms - bathrooms, EPC G) Admiral (1 bedroom - 1 bathroom, EPC G) Dock Master (2 bedrooms - 2 bathrooms, EPC G) Crow s Nest (2 bedrooms - 2 bathrooms, EPC G) Captain s Quarters (3 bedrooms - 3 bathrooms, EPC G) Mermaid (2 bedrooms - 2 bathrooms, EPC E) Skipper s Suite (1 bedroom - 1 bathroom, EPC G) Six of the houses have disability access, and walk in showers etc. Support Facilities There is a range of service areas including a reception/office, laundry facilities sufficient to cater for all laundry needs, staff quarters comprising five double en-suite bedrooms, three kitchens and two lounge areas, various stores, and workshop facilities. The Business The shares in Melfort Pier Holidays Ltd, owners of Melfort Pier & Harbour, are offered for sale, as a real estate investment, but the company does also provide a rural and romantic destination,

7 allied with comfort, service and stunning views, trading as a selfcatering holiday business operating throughout the year, with good occupancy levels, and additional income from the summer moorings and harbour berths. As such it provides an income source in idyllic surroundings. The company has been awarded the Thistle award for the best self-catering business in Scotland, and the Leonard Cheshire award for hospitality to the disabled. The business is currently run by a manager, assisted by housekeeping, cleaning and maintenance staff, under the guidance of the owners. Full trading accounts will be made available to interested parties after formally viewing the property. The Sale of individual holiday homes In addition to the 13 homes listed, an additional five homes have been sold to individual owners, and are used either as permanent homes, or as holiday homes/self-catering rental homes. The five homes were sold between October 2010 and mid The Estate is governed by a Deed of Conditions, which includes absolute rights for the company to act as Estate managers for as long as they own any houses, or land for further development.

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9 General Remarks and Stipulations Services: A private water supply from hill ground to the north is collected in large storage tanks located 30 metres above the estate on neighbouring land, providing an ample supply of high quality water at 3-bar pressure. Filtration and Ultra Violet purification is provided at the first point of entry. The supply has full servitude rights. A full hydrological assessment and report is available. Waste systems are by way of multiple septic tanks at different locations around the property. CCTV cameras are located throughout the estate. WiFi is transmitted throughout the estate, with two separate carriers. Central garbage skip, collected as necessary, and recycle bins are conveniently located adjacent to the Office area. Note: The services have not been checked by the selling agents. Tenure: The property is held under absolute ownership/heritable (freehold equivalent) title. Possession: Vacant possession will be given on completion, subject to rental bookings. Reproduced from the Ordnance Survey Mapping with the permission of the Controller of Her Majesty s Stationery Office. Crown Copyright (ES763454). NOT TO SCALE

10 Rateable Values: The units have individual rateable values. Please contact the selling agents for further details. Currently the rates are discounted by 25% under the small business bonus scheme. Timber and Minerals: All standing and fallen timber on the property, as well as the mineral rights, are included in the sale insofar as they are owned. There are no public rights of way. Fixtures and Fittings: The property is sold with all furniture, trade fittings, and inventory in place. Local Authority: Argyll and Bute Council, Kilmory, Lochgilphead, Argyll PA31 8RT. Solicitors: E Thornton & Co., Lochside Street, Oban, Argyll PA34 4HP Tel info@ethornton.co.uk Viewing: No direct approach may be made to the property. For an appointment to view please contact the selling agents. Offers: Offers are to be submitted in Scottish legal terms to the selling agents: Strutt & Parker, The Courier Building, 9-11 Bank Lane, Inverness, IV1 1WA. A closing date for offers may be fixed and prospective purchasers are advised to register their interest with the selling agents in order to be kept fully informed of any closing date that may be fixed. Closing Date: A closing date for offers may be set and prospective buyers should note their interest formally to the selling agents. The seller reserves the right to conclude a bargain for the sale of the property ahead of a closing date and will not be obliged to accept the highest or any offer. Financial Guarantee: All offers (regardless of the country of residence of the offering party) must be accompanied by a guarantee or alternative form of reference from a bank which gives the seller satisfaction that the purchaser has access to the funds required to complete the purchase at the offered price. Directions (Postcode PA34 4XD) From Glasgow, follow the A82/A83 north via Dumbarton, Arrochar and Inveraray to Lochgilphead. From Lochgilphead, follow the A816 north for 23 miles. Turn left at the head of Loch Melfort (about 500 yards before reaching the village of Kilmelford) on to a single track road signposted to Degnish 5 miles. Continue along this road following the north shore of Loch Melfort for about one mile and the property will be located on your left. From Edinburgh, follow the M9 to Stirling and follow the A84 and A85 to Connel. In Connel, follow the A816 south towards Lochgilphead. After about 20 miles, shortly after passing through the village of Kilmelford, turn right signposted to Degnish 5 miles and follow directions as above. Special Conditions of Sale 1. The purchaser of the property shall within five working days of conclusion of missives make payment as a guarantee for due performance of a sum equal to ten per cent of the purchase price on which sum no interest will be allowed. Timeous payment of said sum shall be a material condition of the contract. In the event that such payment is not made timeously, the seller reserves the right to resile without further notice. The balance of the purchase price will be paid by Bankers Draft at the date of entry and interest at five per cent above the Bank of Scotland base rate current from time to time will be charged thereon from the term of entry until payment. Consignation shall not avoid payment of the foregoing rate of interest. In the event of the purchaser failing to make payment of the balance of the said price at the date of entry, payment of the balance of the purchase price on the due date being of the essence of the contract, the seller shall be entitled to resile from the contract. The seller, in that event reserves the right to resell or deal otherwise with the subjects of sale as he thinks fit. Furthermore, he shall be entitled to retain in his hands the initial payment of ten per cent herein before referred to which shall be set off to account for any loss and expense occasioned to him by the purchaser s failure and in the event of the loss and expenses being less than the amount of the said deposit the seller shall account to the purchaser for any balance thereof remaining in his hand. 2. The property will be sold subject to all rights of way, rights of access, wayleaves, servitudes, water rights, drainage and sewage rights, restrictions and burdens of whatever kind at present existing and whether contained in the Title Deeds or otherwise, and whether formally constituted or not affecting the subjects of sale. 3. The seller shall be responsible for any rates, taxes and other burdens for the possession and for collection of income prior to the said date of entry. 1. Office 7. Dock Master 18. Pier West 2. Crows Nest 8. Boathouse East 3. Captains Quarters 9. Boathouse West 4. Admiral Suite 10. The Mermaid 5. Anchorage 15. Bridge Deck 6. Commodore Suite 16. Mooring Master Reproduced from the Ordnance Survey Mapping with the permission of the Controller of Her Majesty s Stationery Office. Crown Copyright (ES763454). NOT TO SCALE A. Pier F. Firewood B. Slipway G. Public telephone C. Public toilet H. Skip E. Beach I. Harbour

11 Please speak to a member of our team to learn more about this property Strutt & Parker Edinburgh 28 Melville Street, Edinburgh EH3 7HA +44 (0) robert.mcculloch@struttandparker.com struttandparker.com Strutt & Parker Inverness The Courier Building, 9-11 Bank Lane, Inverness IV1 1WA +44 (0) euan.maccrimmon@struttandparker.com struttandparker.com 55 offices across England and Scotland, including 10 offices in Central London IMPORTANT NOTICE Strutt & Parker LLP gives notice that: 1. These particulars do not constitute an offer or contract or part thereof. 2. All descriptions, photographs and plans are for guidance only and should not be relied upon as statements or representations of fact. All measurements are approximate and not necessarily to scale. Any prospective purchaser must satisfy themselves of the correctness of the information within the particulars by inspection or otherwise. 3. Strutt & Parker LLP does not have any authority to give any representations or warranties whatsoever in relation to this property (including but not limited to planning/building regulations), nor can it enter into any contract on behalf of the Vendor. 4. Strutt & Parker LLP does not accept responsibility for any expenses incurred by prospective purchasers in inspecting properties which have been sold, let or withdrawn. 5. If there is anything of particular importance to you, please contact this office and Strutt & Parker will try to have the information checked for you. If you require this publication in an alternative format, please contact this office on Photographs taken October Particulars of sale prepared May

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