Reference - 45444
Description
The Lochranza Hotel is an extremely well run business that has been run by the current proprietors since 1984. The property has been well maintained by the current vendor and is now presented in walk in condition The property has been placed on the market due to the current proprietor’s impending wish to retire from the Licenced trade. The business trades throughout the year, and benefits from a good mix of local and tourist trade. Additional marketing is carried out through its own informative website . It enjoys much repeat custom, particularly due to its excellent location on the popular tourist island of Arran.
Situation
Lochranza is the most northernly sited of Arran's villages and is located in the north-western corner of the island. The village is set on the shore of Loch Ranza, a small sea loch. Ferries run from here to Claonaig on the mainland.
Arran or the Isle of Arran is the largest island in the Firth of Clyde, Scotland. With an area of 432 square kilometres it is the seventh largest Scottish island. It is in the unitary council area of North Ayrshire. In the 2011 census it had a resident population of 4,629. Arran is divided into highland and lowland areas by the Highland Boundary Fault and it has been described as a "geologist's paradise". The Lochranza Hotel occupies an enviable location on shore road in the village.
Building External
The Lochranza Hotel is a traditionally built property, which sits commandingly within its own grounds. The property has been extended and modernized over the years and has been well maintained by the current vendors. The main entrance is from the front which leads to all private and public areas.
The front of the property leads out to a mature, well maintained garden. The gardens are laid mostly to grass with mature borders. To the front of the property and the right side you will find ample parking for residents and guests.
Building Internal
The property has two entrances, the main hotel entrance which in turn gives access to reception and all other areas of the property, and a separate public bar entrance to the left of the property ( as looking from the front).
The public bar is well presented with traditional bar tables and chairs. The bar is well decorated and offers a comfortable space for up to 48+ guests to enjoy a bar meal or drink. The bar benefits from having stunning views over the front gardens and Lochranza Bay to Claonaig.
The main hotel entrance leads into a welcoming reception hallway, which gives access to the letting bedrooms on the first floor, together with the hotel dining room and residents lounge.
On entry the dining room is located to your right. The dining room is well presented and furnished with wooden tables and chairs. To the left you will find the residents lounge. The lounge is again well furnished with soft seating, together with low coffee tables. The room is tastefully decorated and well presented.
Access to the lounge bar, for residents, is via an internal corridor of the reception hallway.
Ladies and Gents Facilities are well located off the public areas.
Letting Accommodation
The Lochranza Hotel has 9 ensuite letting rooms. The letting rooms are accessed via a staircase from the ground floor. The rooms have been maintained to a high standard and are presented in walk in condition. The rooms comprise 9 doubles/twin rooms. All rooms have a complimentary refreshment tray with Tea and Coffee and LCD TVs.
Staff Accommodation
Located on the second floor of the property, you will find the staff accommodation. This accommodation comprises of four double sized bedrooms, and communal lounge and shared WC and shower room.
Owners Accommodation
The owners accommodations are located to the side of the hotel offering excellent family living. The detached owners cottage comprises of four double bedrooms, family bathroom, spacious lounge, dining room and
Services
As expected with a property the size of the Lochranza Hotel, the property has extensive service areas. These include a fully fitted commercial kitchen, dish wash area, cellar, spirit store, manager’s office and various store rooms and outbuildings.
The property has mains water and electricity, septic tank, with lpg gas for Cooking, CH and hw.
Tenure
The property is held on the Scottish equivalent of Freehold.
Legal
The business trades with the benefit of a full Licence, and conforms to all fire regulations.
Accounts
Accounts are available on request after a formal viewing has taken place.
Summary
The sale of The Lochranza Hotel offers a rare opportunity to purchase a high quality, beautifully presented business which is trading well but with potential for expansion of the business. It benefits from its excellent location and reputation. Viewing is strongly recommended.
Call to Action
oiro £650,000 are sought for all heritable properties, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.
Further Information
Should you require further information on this or any other property, please do not hesitate to contact our office on .
Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.
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