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£800,000

Low Askomil, Campbeltown, PA28

  • 13 beds
Other

£800,000

  • 13 beds
Other
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Estimate monthly mortgage payment:

£2,771 per month

Minimum deposit amount:

£40,000
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A rare opportunity has arisen to purchase a fully licensed 13 bedroom hotel with elevated and panoramic views across the charming Campbeltown Loch. Built by a former distillery owner in 1882 this beautiful Victorian mansion house has been tastefully, and impeccably, restored by the current owners. The property boasts an array of original features including wood panelling, ornate cornicing and painted glass windows. With current turnover in the region of £300k there is an excellent opportunity to increase revenues and to add an extension that will increase the number of rooms available.

Services
The property has mains water, drainage and electricity. Cooking is by gas. There is gas central heating.

Trading Figures
Full trading information will be provided after formal viewing has taken place. The latest accounts show a turnover is circa ?300,000 with a Gross Profit of circa ?215,000.

Summary
The sale of the Craigard House Hotel is a wonderful opportunity to purchase a beautifully restored Victorian Mansion House, with 13 letting rooms occupying, an elevated position with the most stunning panoramic views over Campbeltown Loch and town. Very profitable, and with an excellent reputation, the business is ready to be expanded by new owners. Viewing is highly recommended to appreciate how easy this business is to run and the great potential that it offers.

Price
Offers over ?800,000 are sought for this heritable property, fixtures and fittings.

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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Property details

£800,000

13 bed property for sale

Low Askomil, Campbeltown, PA28
A rare opportunity has arisen to purchase a fully licensed 13 bedroom hotel with elevated and panoramic views across the charming Campbeltown Loch. Built by a former distillery owner in 1882 this beautiful Victorian mansion house has been tastefully, and impeccably, restored by the current owners. The property boasts an array of original features including wood panelling, ornate cornicing and painted glass windows. With current turnover in the region of £300k there is an excellent opportunity to increase revenues and to add an extension that will increase the number of rooms available.

Services
The property has mains water, drainage and electricity. Cooking is by gas. There is gas central heating.

Trading Figures
Full trading information will be provided after formal viewing has taken place. The latest accounts show a turnover is circa ?300,000 with a Gross Profit of circa ?215,000.

Summary
The sale of the Craigard House Hotel is a wonderful opportunity to purchase a beautifully restored Victorian Mansion House, with 13 letting rooms occupying, an elevated position with the most stunning panoramic views over Campbeltown Loch and town. Very profitable, and with an excellent reputation, the business is ready to be expanded by new owners. Viewing is highly recommended to appreciate how easy this business is to run and the great potential that it offers.

Price
Offers over ?800,000 are sought for this heritable property, fixtures and fittings.