Thriving Bar (The Village Inn) with two self-contained apartments. This Mixed Use Portfolio is located within a prime location in Keiss.
The Village Inn Offers lunches, dinners, and a selection of alcoholic drinks, the Village Inn (Bar) operates seven days a week. It enjoys a loyal customer base of locals and attracts a steady flow of tourists, thanks to its prime location along the popular NC500 route.
The Village Inn generates around £10,000 PA which would add additional revenue stream to already turnkey units.
Potentially excellent opportunity for serviced accommodation, with rates for 2 & 3 bed properties in the area starting from around £130 / £158 per night (subject to gaining necessary planning consents) At 80% occupancy per month, unit could achieve £7,008PCM (£84,096 PA) which would generate an incredible 42% gross yield if secured at the guide.
Location
Keiss, a picturesque village in Caithness, Scotland, offers unique investment opportunities with its coastal charm, historical significance, and potential for tourism and community-focused development. Located on the North Coast 500 route, Keiss benefits from its scenic coastal location, proximity to Wick, and accessibility via the A99, making it an attractive spot for visitors and residents alike. The village is known for its historical Keiss Castle ruins, sandy beaches, and outdoor recreational opportunities, providing potential for growth in tourism, hospitality, and leisure industries. Opportunities also exist in sustainable housing and small business ventures, supported by the area's tranquil environment and appeal to those seeking rural living. Keiss’s combination of natural beauty, historical allure, and strategic positioning on a popular tourist route makes it a compelling choice for investors seeking growth in a serene and culturally rich location.
Accommodation
The Village Inn includes a public bar, lounge bar, dining room, commercial kitchen, food prep room, laundry, freezer room, staff toilet, ladies and gents WCs, office, and two stores. Recently refurbished to a high standard, it is a turnkey investment.
The Sinclair Bay Apartments feature two self-contained units:
Apartment One: Three bedrooms (one en-suite), lounge, fitted kitchen, WC/laundry room, and family bathroom.
Apartment Two: Two bedrooms, lounge, fitted kitchen, and bathroom.
Terms
Guide Price - £200,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Thriving Bar (The Village Inn) with two self-contained apartments. This Mixed Use Portfolio is located within a prime location in Keiss.
- ***For rental purposes, this investment can potentially generate a combined residential rental of £7,008 PCM (£84,096 PA), which provides an excellent 42% yield if achieved for guide price***FANTASTIC YIELDING INVESTMENT***
- Offering lunches, dinners, and a selection of alcoholic drinks, the Village Inn (Bar) operates seven days a week. It enjoys a loyal customer base of locals and attracts a steady flow of tourists, thanks to its prime location along the popular NC500 route.
- Fantastic Turnkey Opportunity for Commercial investors looking for an affordable commercial premises generating immediate revenue in a busy location
- Apartment One is a three-bedroom unit and the other is a two-bedroom unit Both are finished to a high standard, ideal for holiday lets or long-term rentals.