Scottish Business Centre - Business Valuers & Agents

The Coylet Inn.

Loch Eck, Dunoon, Argyll,
PA23 8SG

Leasehold

Offers in the region of £89,995

Most impressive 4 e/s bedroom Inn and restaurant on the banks of Loch Eck
Comprehensively upgraded property with a wealth of charming features
Fantastic location with stunning loch front views
Log fired bar, restaurant and boasting very own private beach and over 16 acres of land with its own burn.
Civil ceremony licence
Strong trading figures with room for further growth
Private owner’s accommodation

Scottish Business Centre is delighted to bring on to the market this most charming loch front hotel that boasts a wealth of stunning features and is located in a most idyllic location. Positioned on the shores of the beautiful Loch Eck, ten miles north of Dunoon and only one hour’s drive west of Glasgow, The Coylet Inn is a delightful former coaching inn that offers 4 en-suite letting rooms with restaurant, bar and its very own private beach. With the hotels close proximity to Dunoon, the Coylet Inn offers easy access to a wealth of interesting places for guests and owners to visit and enjoy. This most impressive hotel with log fires and a host of charming features has seen a huge level of investment in recent years that has resulted in complete renovation of the property. From each of the 4 letting rooms to all public and private areas, a tremendous level of attention and investment has been paid to enhance the Coylet Inn and make it a truly individual hotel that leaves guests of having a most memorable stay. Nestling on the shores of Loch Eck, the Coylet Inn makes the very most of its romantic position with 3 of the 4 bedrooms offering loch views and one with a feature bath that has uninterrupted views of the loch. The hotel also has its very own private beach and offers boat hire and fishing both of which has proved to be popular over recent years, with many guests returning to enjoy a sail along the 6 mile long Loch Eck. Since taking over the 10 year lease of the Coylet Inn 3 years ago our clients have focused on increasing the level of food trade enjoyed at the hotel and specialising in good quality homemade cuisine. Taking full advantage of the hotels road side position, our clients regularly offer home cooked cuisine, which has resulted in a tremendous increase in the levels of both local and passing trade. Although the hotel currently achieves an impressive level of turnover, we are advised that with some development the hotel could have its restaurant increased in size which would help to cater for the growing demand for food at the Coylet Inn. The increased size of the property would also allow for the now owners to take full advantage of the large amount of demand for weddings at the Coylet Inn which is currently lost due to the lack of space. Another area to potentially increase trading would be to expand the size of the outdoor seating area (beer garden), during summer months outdoor seating is quickly snapped up and often results in potential business being lost? Only now due to personal circumstances, this fabulous Inn is reluctantly being offered for sale. Business website: www.coyletinn.co.uk

The Property.
A former 17th Centaury coaching inn situated on the shores of Loch Eck in West Scotland, The Coylet Inn consist off the following: 4 en-suite letting rooms, lounge bar with log fire, reception hallway with log fire, front reception office, 50 cover restaurant, over 2 rooms, one being the large conservatory style, bay windowed, stone walled and wooden floored area, which adjoins to the central restaurant area, both of which enjoy the open "through" log fire. There is also a large, well equipped commercial kitchen, separate laundry room and still room, as well as various outbuildings and storage areas. All letting rooms housed on the first floor. Various storage areas are available throughout the hotel plus an outside store and cellar. Staff / Owners accommodation is flexible, with one self contained en suite bedroom to the side of the kitchen, 2 further bedrooms and en suite shower room at the rear of the property, and a further single room upstairs. There is also a 3 bedroomed static caravan on the adjacent site to the Inn. Car parking for up to 32 cars is available to the front of the hotel.

Letting Rooms.
The Coylet Inn offers 4 en- suite letting rooms all of which have been tastefully upgraded to a good standard (3 doubles and 1 twin). Three rooms have stunning Loch front views with one boasting a magnificent feature bath overlooking the Loch Eck.

Fixtures and Fittings.
A full inventory will be completed to detail all personal items excluded from the sale or items subject to a lease.

Price.
Offers in the region of £89,995 are invited for the leasehold interest, complete with goodwill and trade contents but excluding personal items. Stock at valuation.

Viewing.
For reasons of confidentiality, no direct approach may be made to the business. All viewings must be arranged through Scottish Business Centre Glasgow office 0141 357 3738

Offers
All offers should be submitted directly to Scottish Business Centre.

Disclaimer:
Whilst Scottish Business Centre endeavours to make these particulars as accurate as possible; they do not form any part of any contract or offer nor are they guarateed. These particulars are provided only as a general outline of the property referred to. Applicants should make there own enquires and inspection of the property to satisfy themselves as to the accuracy or
Otherwise of the information given. These details were believed to be correct at the time of publication but their accuracy is not guaranteed. Scottish Business Centre.