• Attractive position on Eastern shores of Loch Eck
• Prominently located on busy A815 road route
• Lounge/restaurant (40 covers) and public bar
• Four en suite letting bedrooms
• Great lifestyle opportunity for couple or similar
• Energy Performance Certificate available upon request
• Offers Around £325,000
Location
The Coylet Inn occupies a prominent roadside position with frontage onto the A815 road route, facing directly onto the Eastern shoreline of Lock Eck, to the North of the Cowal Peninsula in Argyll.
Situated within the Argyll Forrest Park, the subjects are approximately midway between Dunoon and Strachur, which lie 9 miles to the South and North respectively.
The subjects are located within an area of outstanding natural beauty which is popular with tourist visitors and day trippers, particularly throughout the busy summer season. A range of
outdoor pursuits and visitor attractions are within easy reach.
Several caravan and chalet parks are also located nearby including the adjacent Loch Eck Caravan Park.
The Greater Glasgow conurbation in West Scotland is readily accessible via the A815 and A82 roads or alternatively via the A8/M8 from Inverclyde and a short ferry crossing from
Dunoon.
Accommodation
We would summarise the accommodation as undernoted:-
Ground Floor Entrance porch/vestibule, reception hallway, reception office, lounge/restaurant, public bar, kitchen, male & female toilet facilities,
pantry, dry goods store and staff/owner’s accommodation comprising two rooms and a showerroom.
First Floor Four en suite letting bedrooms comprising one twin/double and three double rooms.
External Outbuildings/stores, woodland garden, car parking, private beach, jetty, boat moorings,
beer garden/terrace and hillside woodland.
Site area circa 10 acres.
The above areas are approximate and provided for information purposes only.
Terms
The Coylet Inn operates as a traditional village Inn with income generated from a mix of food, wet and accommodation sales.
The business generates trade from the local community with “local” trade extending to a radius of approximately 40 – 50 miles including several small towns and villages. The nearby Lock Eck Caravan Park is also an important source of seasonal trade as is the A815 road route which passes adjacent to the front door. The business therefore benefits from a good level of passing trade.
During the busy summer months the business benefits from tourist trade and day visitors to the area. This area is particularly popular for outdoor pursuits and it is also well served by holiday home accommodation providing custom to the business.
In terms of food, lunches are served from midday until 3 pm with dinner from 6 pm to 9 pm daily, seven days per week throughout the main season.
The letting accommodation is charged at a rate of £85 per room per night for bed and breakfast based on two sharing, with single occupancy charged at £57.50.
The tariff reduces during the off season and the average length of stay is two nights.
The business is currently operated by a husband and wife team with assistance from a pool of staff.
Financial documentation will be provided to interested parties after viewing.
The turnover is in the region of £220,000 - £230,000 per annum net of VAT.