Opportunity to purchase boutique hotel with sea views on the Isle of Mull
Specialist business property adviser, Christie & Co is delighted to bring to market, The Glenforsa Hotel on the Isle of Mull, presenting a unique opportunity to acquire a profitable boutique hotel which boasts a phenomenal island setting in Scotland’s Inner Hebrides. The hotel has been in the same ownership for 20 years and has come up for sale due to retirement.
The Glenforsa Hotel is set on 7.83 acres (3.17ha) of woodland, which is included within the sale, and offers 13 warm and comfortable ensuite letting rooms with fantastic sea or woodland views, two Scandinavian-style cabins for families and groups, and a bar, restaurant and beer garden with uninterrupted sea views. The property also features a two bedroom owners chalet with a lounge, bathroom and kitchen.
The hotel is well connected to Oban by ferry, and can also be reached from Morvern and Ardnamurchan. The business is currently open seasonally from April to October each year, meaning there is scope to extend trade with other offerings.
Tony Spence, Hospitality Business Agent at Christie & Co, who is handling the sale, comments, “This is a unique opportunity to acquire a very profitable, seasonal hotel business which enjoys a stunning island setting and has achieved fantastic online reviews. The hotel has been well maintained and would require no investment from the new owner. However, there is still plenty of potential for the new owner to grow the successful business further.”
The Glenforsa Hotel is on the market at offers over £1,500,000 for the freehold going concern.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Tony Spence, Senior Business Agent - Hospitality Scotland
M: 07701 315 068 or E: tony.spence@christie.com
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