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Portsonachan, Dalmally, Argyll and Bute, PA33 1BJ

£3,950,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

9 luxury chalets
Beautiful waterside resortPlanning permission for 40 glamping lodges
Owners 3 bedroom accommodation

Description

An excellent opportunity has arisen to acquire a portfolio of 9 luxury holiday lodges on the shores of the beautiful and iconic Loch Awe. There is a combination of 1, 2 and 3 bedroom detached and semi detached chalets that have been in operation for a number of years. Currently managed by the Portsonachan Hotel the acquisition of the lodges represents a great investment opportunity for new owners. In addition to the lodges there is a 3 bedroom house that could be used as owners accommodation and a further 3 acres of land with planning permission for the erection of 40 glamping pods. Viewing is highly recommended t appreciate the quality of the lodges and the potential the sale represents.

Price
Offers over £3.95M are sought for the heritable property. The fixtures, fittings, and furniture (excluding items of a personal nature) are included in the sale.

Summary
Excellent opportunity to acquire an established hospitality business with great growth potential and the ability to expand the business further with planning permission for the 40 glamping pods. Truly stunning location on the shore of Loch Awe.

Trading Figures
There is currently minimal online marketing for the lodges and the current occupancy levels are in the region of 69%. Full income, expenditure and occupancy levels will be released after formal viewing or on signing an NDA.

Services
Private water and drainage, electricity, telephone, and internet connections.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£20,782 /mo.25 Years, 5% Interest
Loan
£3,555,000
Total Repay
£6,234,653

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£186,000
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 4.71%

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