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ELGIN BRANCH 

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

EDINBURGH BRANCH 

Third floor,
3 Hill Street, New Town
Edinburgh
EH2 3JP
t: 0131 605 1969
e: info@cclproperty.com

GLASGOW BRANCH 

Technology House
9 Newton Place, Glasgow
G3 7PR
t: 00141 459 0969
e: info@cclproperty.com

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    • HOMES FOR SALE
    • BUSINESSES FOR SALE
    • COMMERCIAL LETTINGS

    Elgin Branch

    62 High Street
    Elgin
    IV30 1BU

    t: 01343 610520
    e: info@cclproperty.com

    Edinburgh Branch

    3 Hill Street, New Town
    Edinburgh
    EH2 3JP

    t: 0131 605 1969
    e: info@cclproperty.com

    Glasgow Branch

    9 Newton Place
    Glasgow
    G3 7PR

    t: 0141 459 0969
    e: info@cclproperty.com

    Oban

    43 Stevenson Street
    Oban
    PA34 5NA

    t: 0163 125 0969
    e: info@cclproperty.com

    Ashbank Hotel Airds, Carradale East, Campbeltown, Argyll and Bute, PA28 6RY

    £400,000

    9
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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,900 /mo.25 Years, 4% Interest
    Loan
    ÂŁ360,000
    Total Repay
    ÂŁ570,064

    Commercial Land & Buildings Transaction Tax (LBTT)

    You’ll have to pay the LBTT of:
    ÂŁ8,500
    0% up to ÂŁ150,000
    1% from ÂŁ150,000 to ÂŁ250,000
    5% from ÂŁ250,000 to ÂŁ400,000
    Your effective LBTT is 2.13%

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    Ashbank Hotel Airds, Carradale East, Campbeltown, Argyll and Bute, PA28 6RY

    £400,000

    Hotel
    9 Bedrooms

    Key Information

    Tenure:Not available
    Council tax band:Not available

    Key Features

    Popular Bar
    Walk in Condition
    5 En-Suite Letting Rooms
    Large Beer Garden
    2 Bed Owners’ Accommodation
    Stunning Location on the East of the Kintyre Peninsula
    Great Reputation and online reviews
    Freehold

    Description

    CCL are delighted to offer the opportunity to purchase the charming Ashbank Hotel. A family run hotel in the popular village of Carradale which is situated on the east coast of the Kintyre peninsula. Offering the warmest of welcomes and great service this charming hotel is popular with visitors to the area and the bar is often frequented by locals. Early viewing is strong recommended to truly appreciate the quality of this property and the full business potential it offers.

    Summary

    The sale of the Ashbank Hotel is a truly unique opportunity to acquire a substantial and traditional Scottish Hotel in the heart of Kintyre. This stunning turnkey business is highly profitable and easily managed and represents a wonderful opportunity to acquire a unique lifestyle opportunity. The hotel has a great reputation among visitors and tourists to the area and locals.

    Situation

    Carradale is a picturesque village located on the east of the Kintyre peninsula with its own natural harbour, 9-hole golf course, and scenic beaches which are very popular with the many visitors to the area. Carradale has its own GP surgery, primary school, community shop, post office, restaurant and
    various hotels including Ashbank which offers excellent accommodation.

    A short drive away is the famous Beinn An Tuirc Distillery, Kintyre Gin School and café at Torrisdale. The seasonal ferry to Lochranza on the island of Arran is at Claonaig, and 5 miles further along at Kennacraig there is the all year round ferry to Islay. There is a wide range of shopping facilities available in Campbeltown, which is within comfortable commuting distance, having two supermarkets with the further facilities of a hospital, leisure centre, cinema and local airport having twice daily flights to and from Glasgow, with an inflight time of only 25 minutes.

    The Business

    The Ashbank Hotel is a substantial property that has traded as a hotel for many years, the current vendors have owned and operated the business since 2015. The hotel provides hearty breakfasts, refreshing ales, good whisky and comfortable accommodation for locals and visitors to Kintyre. The property has now been placed on the market due to the current proprietor’s impending wish to retire from the hospitality trade. The business is open throughout the year with peak trading from Easter through to the end of October. The bar is open to both residents and non residents. There is a healthy split of income across accommodation and wet sales.

    There are 6 letting bedrooms, all of which have en-suite facilities. The letting bedrooms are all located on the first floor of the property. All the bedrooms have been individually furnished and decorated to a high standard. Room rates range between ÂŁ50 and ÂŁ85 in the low season and rises in high season.

    There is also a beer garden at the side of the property that is incredibly popular during the summer months.

    The business is run by the owners with the assistance of staff on an ad hoc basis throughout the summer months.

    Property

    The Ashbank Hotel is a traditionally built Hotel that has been extended and renovated over the years. It boasts many original features and is presented in good condition throughout.

    Entrance to the hotel is from the front garden where guests and customers enter the reception hall. To the right is an immaculate and well-presented cosy lounge area and to the left is the relaxed bar area. This is exceptionally popular with both tourists and locals. Exuding a modern Scottish theme, it is furnished with a variety of free-standing tables and chairs and a solid wooden bar which is exceptionally well stocked. Also located on the ground floor is the well-equipped commercial kitchen, office, ample storage and service areas.

    A stair from the main hall leads to the first floor where there are 5 letting rooms. All rooms benefit from ensuite bathroom/shower rooms, and each is neutrally decorated. They all have free view televisions, hospitality trays, hairdryers, Wi-Fi and stunning views of the golf course and endless countryside that surrounds the hotel.

    A door at the rear of the property leads to the owner’s accommodation on the ground floor. Which consists of 2/3 bedrooms, a spacious lounge with patio doors to a private decked area and a modern bathroom.

    External

    The main entrance is from the front gardens, there is a spacious car park to the side of the property along with a substantial beer garden. At the rear of the property is a private owners decked area and two large storage sheds.