* High Yielding Hotel Investment
* New Seven Year Lease, with Options to Extend to 25 Years
* Producing £50, 000 per annum
* Fixed Rental Uplifts
* Popular Tourist Destination
* Large Site of 1. 36 Acres
* Mountain Views
* 15. 15% giy on Guide Price
* No VAT
**Strapline**
Auction Sale - 10/10/2023
Hotel let on a new seven year lease with opportunities to extend to 25 years
with fixed uplifts.
Close to Loch Lomond and situated on a key tourist route
**Description**
The property comprises a hotel/guesthouse situated on a main road in the heart
of the Loch Lomond & The Trossachs National Park. The focal point of the
property is arranged as a traditional cottage and includes a Lounge/Bar,
Restaurant and Kitchen as well as toilets and an outdoor seating area with
mountain views.
The tenants have completed their fit - out which included refurbishment of the
rooms and common areas, all rents are paid up to date. The opening under the
new tenants has been received well by customers, with the property enjoying a
7. 8 rating on from 72 reviews.
Within the grounds, there are 11 chalets, each containing an en - suite room.
There is also a cabin and four static caravans.
The property includes a large car park which was frequently used by
motorhomes. Pub - stays are a commonly used alternative to camp sites in the
growing "staycation" market and can provide additional clientele for the hotel
restaurant and bar.
**Location**
The property is located in Crianlarich, a village positioned at the junction
of two key tourist routes within the Loch Lomond & The Trossachs National
Park. The village is popular with tourists and hotels/guesthouses are often
used as a base for walkers or as a stopping point for motorhome tourists.
Crianlarich is approximately 10 miles from the northern shore of Loch Lomond
and is also close to other tourist hotspots such as Falls of Falloch and Loch
Tay.
Ben More Lodge takes its name from Ben More, a nearby mountain which is a
popular climbing/hiking destination due to its distinctive pyramid shaped
peak.
**Tenancy**
The property is let on a new seven year lease and paying a current rent of
£50, 000 per annum.
The tenants have completed their fit - out and are currently trading from the
property, all rents are paid up to date.
The lease includes opportunities to extend by seven years, these include fixed
rental uplifts as follows:
Years 1 - 7: £50, 000 per annum
Years 7 - 14: £60, 000 per annum
Years 14 - 21: £70, 000 per annum
Years 21 - 25: £80, 000 per annum

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