Character hotel for sale in Invegarry, PH35

This property is marketed by:
Colliers

Key features

• Characterful 4-Star Highland Hotel in a prominent roadside tourist location
• Superbly positioned at the meeting of the “Great Glen Road” and “Road to the Isles”
• Well-appointed hotel with 14 bedrooms, bar/brasserie, and dining room
• Valuable planning consent for 12-bedroom annex in the grounds
• Established profitable business – net Turnover in excess of £600,000 (net)
• Also available - Two 3-bedroom houses & development plot with consent for a 7-bedroom house. (Separate Negotiation)
• Offers over £1.075m

Description

The adage of location is often overused but nothing could be truer than when referencing the outstanding location of the Invergarry Hotel.

With its superb central Highlands location, the Invergarry Hotel is eye-catchingly sited close to the junction of two principal Highland Road routes – the main A82 Fort William to Inverness “Great Glen Road” and the main A87 “Road to the Isles”. These two major roads are used by the hordes of tourists visiting the Highlands whilst also being essential for local infrastructure as commercial routes. The prominent roadside position of the Hotel is ideally located to capture business from the myriad of road travellers; as well as being an excellent base to explore the Highlands, whether “Nessie hunting”, at nearby Loch Ness, or visiting the many areas of aesthetic beauty and attractions such as the Nevis Range, Jacobite Railway, Eilean Donan Castle, or the Isle of Skye; all within easy driving distance of Invergarry.

The hotel is in a highly accessible location being located on the central junction of the main tourist and commercial routes between Inverness (42 miles north – providing access to the northern Highlands), Fort William (26 miles south – providing access to southern Scotland including Edinburgh and Glasgow) and Kyle of Lochalsh (49 miles west – providing the only road access to the Isle of Skye).

There are also a number of recent high profile energy schemes in the local area which are providing a high level of trade to the hotel including SSE Renewables building the largest dam in Europe around two miles from the hotel (https://www.coireglas.com) and a substantial windfarm being constructed between the hotel and Fort Augustus (https://fredolsenrenewables.com/windfarm-collection/united-kingdom/culachy). Both of these schemes will provide valuable trade to the hotel for several years, particularly important in the winder months.

The sellers have owned Invergarry Hotel since 2006 and during that period they have spent considerable time updating the hotel and grounds. Whilst great attention has been lavished on the hotel and its surroundings care has been taken to maintain an air of relaxed comfort, without being ostentatious, to cater to the hotel’s wide cross section of guests and customers. At the same time, the business has been considerably developed and now commands a good tariff, has a high level of occupancy, particularly in the summer months and now generates substantial gross profit levels.

Coupled with the additional planning consent in the grounds, the chance exists to purchase a highly successful business with significant opportunities to grow the business and trade.