Leisure/hospitality for sale in 60 Back Brae, Tobermory PA75, £195,000

195,000.00

Offer Nr.:
60965610
Type of ad:
for Sale
Property type:
Leisure/hospitality
Contact name:
DM Hall LLP
Phone(s):
01224 088944

The subjects comprise former restaurant premises constructed of stone and
having a pitched and hipped slated roof.
Internally the property is situated over 3 floors with staff and storage areas
on the ground floor, a waiting area and kitchen on the first floor with
restaurant and bar on the first floor.
**Floor area**
We calculate the property has the approximate undernoted net internal floor
areas: -
Ground Floor 32. 04 sq. m (345 sq. ft)
First Floor 52. 21 sq. m (562 sq. ft)
Second Floor 56. 64 sq. m (608 sq. ft)
Total 140. 79 sq. m (1, 515 sq. ft)
**Rates**
The subjects are shown in the Valuation Roll with a Rateable Value of £11, 200
and consequently will benefit from 100% rates relief from the Small Business
Bonus Scheme, subject to applicant status.
**Planning**
We consider that the property may lend itself to adaptation or conversion to B
and B premises, a 4/5 bedroom flat or possibly the continued restaurant use
allied to residential accommodation. Obviously the requisite Local Authority
consents would be required and parties wishing to discuss these possibilities
or any other alternative uses should contact Argyle & Bute Council, Planning
Department – telephone price
Our clients are seeking offers in the region of £195, 000 for the sale of their
heritable interest.
**Rent**
Whilst our clients preference is to sell the property consideration may be
given to a lease on full repairing and insuring terms for a minimum period of
3 years. Rental offers in the region of £18, 000 per annum are invited.
**VAT**
All prices are quoted exclusive of VAT, where applicable.
**EPC**
A copy of the Energy Performance Certificate is available upon request.
**Entry**
On completion of legal formalities.
**Legal costs**
Each party to be responsible for their own legal costs incurred in concluding
any transaction.
LocationThe subjects are situated at the junction of Back Brae and Main Street
towards the north end of Tobermory which is the main commercial centre for the
Isle of Mull. The picturesque harbour town of Tobermory is renowned for its
colourful painted buildings and it enjoys a high influx of tourists visitors
all year round, but especially during the summer months.
Mull is within easy reach of Oban on the West Coast of Scotland which also
enjoys tremendous tourist activity in peak summer. There are 3 ferry services
to Mull all operated by Caledonian MacBrayne. The main ferry operates a
regular service from Oban to Craignure, approximately 20 miles to the south of
Tobermory. There is also a passenger car ferry service between Lochaline and
Fishnish as well as a seasonal car and passenger ferry from Tobermory to
Kilchoan.
The location of the property is shown on the attached plans

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