Offers Over 230,000 (Freehold) The Old Blacksmith s Cottage 10 Pulteney Street, Ullapool, IV26 2UP
Charming Highland bed and breakfast / holiday let set within the idyllic coastal village of Ullapool in Northwest Scotland Excellent trading location within a prominent position on the popular North Coast 500 tourist route, with the potential to produce sound turnover Deceptively spacious and comfortable five bedroom property with lounge, dining room and attractive kitchen Pleasant business and lifestyle opportunity in a superb setting; ideal for first-time buyers
DESCRIPTION The Old Blacksmith s Cottage is a mid-terrace property which is deceptively spacious and is a must view for someone desiring a manageable bed and breakfast, larger holiday let or even just a nice home. The previous building on the site was the Old Blacksmith s Cottage but has since been completely replaced in the 1960s now providing a 5 bedroom building with two bathrooms. The property benefits from a sound trading location in the popular village of Ullapool. The internal aspects of the property are presented in good order with the extensive use of slate tiling and reclaimed wood. The property has a period feel which suits its purpose as a bed and breakfast and holiday let. The present owners, who live away from the village, use the house as a holiday let during the low season but also employ staff to operate the property as a B&B in the height of the main season. The building has previously operated as a HMO and could be used for this service again subject to obtaining the correct permissions. The business is well-presented throughout and laid-out maximizing the utilisation of space. The property would provide a charming home with the potential to develop a sound income. New owners would need to decide how best to operate the business as there is a number of flexible options. The business appeals to a wide range of tourists who visit Ullapool mainly during the main season from Easter to October each year. REASON FOR SELLING The property has been in the current owner s family for many years but it is due to relocation that they have reluctantly decided to place the property on the market. During their tenure, the vendors have maintained the business operation at a restricted level but due to their current circumstances they now accept that new owners would be better placed to develop the business further. LOCATION The fishing village of Ullapool, on the west coast, is situated on Loch Broom. The area offers facilities for locals and tourists alike, covering a wide range of interests, whether the more relaxed sightseeing, walking or touring or for the more active with mountaineering, sea and fly fishing, stalking etc. Ullapool is an ideal base for discovering the natural wonders within the broader area. The Stornoway Ferry draws a great many travellers to the village for short stays as they progress on their travels to the Western Isles. Ullapool hosts a number of renowned music festivals each year which attract a high number of visitors and musicians. These activities/attractions lead to a high footfall and potential customer base for the business. Ullapool provides a culturally rich living environment with good schools, shops, social and leisure facilities. This sale represents an excellent all-round lifestyle opportunity. Guest Dining Area
THE PROPERTY The original subjects are modern construction under slate roof to the front and metal sheet profile roofing to the rear. Built circa 1960 this mid-terraced property with accommodation laid out over 2 floors is deceptively large. The subjects are partially double-glazed. Entry to the property is via a single wooden door leading directly into the reception hallway which has slate floor tiling which is mainly used throughout the ground floor. To the right of the hallway is the charming lounge set to soft furnishings and reclaimed timber cladding. With a solid fuel fire and an intricate carved wood mantle plus an attractive alcove the room has a degree of character. Across the hallway on the ground floor is a twin bedroom; as with all bedrooms this room has blinds. Along the hallway is a dining room with views to the rear of the subjects. The dining room is set with a single large dining table for communal dining. Opposite the dining room is a very pleasant contemporary kitchen which is well-appointed and functional. From the kitchen a door leads to the rear garden. On this ground floor level is an attractive and modern bathroom. Up the stairs from the hallway is a further shower room which is also presented to a good modern standard. There are 4 more bedrooms on this first floor level with three set to double and one with twin beds. In total the property can sleep 10 guests as a self-catering let. All rooms are comfortable and adequately furnished with the first floor rooms having wash hand basins. GROUNDS To the front of the property is parking for 3 vehicles. At the rear of the subjects is an enclosed garden laid mainly to grass with a disused shed.
SERVICES The subjects benefit from mains electricity, water and drainage. Oil fired central heating and partial double-glazing. TRADE The business trades generating modest income. The vendors will provide trading information to interested parties subsequent to viewing.
WEBSITE www.ullapoollets.co.uk PRICE Offers over 230,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. EPC RATING The EPC rating of the property is tbc. FINANCE & LEGAL SERVICES ASG Commercial is in touch with several lenders who provide specialist finance to the hospitality trade. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of legal experts who can act in all legal matters arising to include conveyancing and licence transfers. DIRECTIONS From Inverness (64 miles) heading north on the A9 turn onto the A835 at the Tore roundabout; Ullapool is signposted. Upon entering Ullapool, turn off the A835 onto Pulteney Street; No 10 is located on the right. VIEWING All appointments to view must be made through the vendors selling agents: ASG Commercial Ltd, 17 Kenneth Street, Inverness, IV3 5NR T: 01463 714757 M: 07799 896931 E: info@asgcommercial.co.uk W: www.asgcommercial.co.uk OFFERS All offers should be submitted in writing to ASG Commercial with whom purchasers should register their interest if they wish to be advised of a Closing Date. HOTELS GUESTHOUSES LICENSED RETAIL OFFICES INDUSTRIAL UNITS 17 Kenneth Street Inverness IV3 5NR Telephone 01463 714757 www.bedandbreakfastsales.co.uk Owners Conservatory Kitchen Owners Bedroom Kitchen