'Great opportunity' on North Coast 500 flagged as Millcroft Hotel in Gairloch hits the market
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A WESTER Ross hotel which sits on the North Coast 500 route has been placed on the market with a price tag of £700,000-plus.
The Millcroft Hotel in Gairloch, situated on the NC500 circular route around the north coast of Scotland, is being marketed by DM Hall, one of Scotland’s largest independent firms of chartered surveyors.
Described by the selling agent as a long-established and popular tourist destination, the Millcroft, at Strath, occupies an elevated, central position within the picturesque village.
Gairloch, on the shores of Loch Gairloch and set amongst the awe-inspiring scenery of Wester Ross, "offers a wealth of spectacular natural arenas and activities for visitors to enjoy", potential buyers are advised.
They describe the Millcroft as a busy hotel boasting year-round trade. Located to its rear is Gairloch holiday park "which provides additional income to the restaurant and bar from April to October".
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The guest profile is largely derived from leisure and tourism with a significant proportion of guests coming from mainland Europe via a number of on-line booking agent sites, the agent says.
The North Coast 500connection is stresses with potential buyers told that it "draws thousands of tourists a year past the front door of the Millcroft", with the village widely regarded as one of the main overnight stops on the route.
The Millcroft is a detached traditional hotel which was extended to the rear in the 1980s, providing 12 individually styled ensuite letting rooms as well as owners’ and manager’s accommodation. At its heart is a busy, well-presented lounge bar and restaurant which can accommodate approximately 36 at present, with both dining areas combined accommodating up to 40 covers.
The bedrooms, arranged over ground, first and attic floors, are accessed via an internal staircase, with two of the suites having private external access. They include six en-suite letting rooms, four two-bedroom suites and two self-catering units.
The hotel boasts stunning views over the loch "and provides a warm, welcoming and cosy environment". The restaurant is served by a good sized and well laid out commercial kitchen with ample storage.
Margaret Mitchell of DM Hall who is overseeing the marketing process, said: “This is a great opportunity to acquire a successful, busy and easily managed tourist hotel with an established reputation and the potential to increase the number of rooms by reconfiguration of staff rooms and redevelopment of disused storage areas.
“Our client is seeking offers over £700,000 including fixtures and fittings. Trading accounts are available upon request to seriously interested parties."
Viewing is strictly by appointment and arrangements can be made by contacting Margaret Mitchell at Margaret.mitchell@dmhall.co.uk.
