Leasehold business offering huge scope to grow turnover and profit. Fully-fitted café/restaurant premises with large retail space. Licensed camp site opened in 2012 providing six ‘Wigwam’ camping cabins with fully equipped, self-catering kitchen, shower and toilet block.
An exciting opportunity to operate and grow a substantial tourism business located in the heart of Argyllshire, an area of outstanding natural beauty, and with a wealth of nearby visitor attractions.
Location
Location - Tarbert is situated in the heart of mid-Argyll, approximately 14 miles south of Lochgilphead and around 100 miles from Glasgow, with regular bus services passing through the village on the route to Campbeltown, a further 37 miles to the south. Tarbert is a renowned sailing centre and a popular tourist village, close to a number of ferry terminals linking to Arran, Islay/Jura, Gigha and Cowal. It benefits from year-round visitors taking advantage of the varied wildlife, beautiful coastal and mountain scenery, and is the gateway to Knapdale Forest, the home of the Scottish Beaver Trail along with the Kintyre Way long distance walking route, Sustrans Cycle route 78 (“Caledonia Way”) from Fort William to Kintyre & Arran and route 75 Cowal peninsula via the Portavadie ferry along with the whisky trails to Campbeltown and Islay.
Situation - The subjects are situated at the southern entrance to the village on the main A83 Trunk road in a highly visible and scenic location.
Accommodation
The Property - The purpose built modern café/restaurant dates from 1994 and offers flexible commercial space suitable for a variety of uses. As currently laid out, the building comprises a 40+ cover dining room, fully-fitted and equipped kitchen with stores, function/meeting room capable of accommodating up to forty people, large open-plan retail space (550 sqft approx) and ancillary accommodation including office, ladies and gents toilets and disabled WC. In addition, the property includes a licensed campsite currently comprising six ‘Wigwam’ camping pods, erected in 2011, each capable of accommodating up to five people, together with a dedicated service building with kitchen, shower and WC facilities. There may be scope to extend the campsite, subject to all necessary consents.
The property also incorporates a dedicated barbeque area and there is ample car parking for both the café/shop and camping site.
Approx. Total Site Area - 1.8 acres (0.75 Ha)
The Business - Previously trading as a heritage centre, farm shop and café/restaurant, over the last few years due to a family bereavement the business has relied primarily upon the income from the ‘Wigwam’ camping cabins with good occupancy rates. Detailed trading information will be available to seriously interested parties after viewing. Consequently, there is an opportunity to re-brand the business and substantially increase turnover and profitability by re-opening the café/shop and offering full catering facilities to camp site residents.
Terms
Ground Lease - The property is offered for sale on a Leasehold basis for a term of ten years from the date of entry at a commencing rent of £15,000 per annum subject to review in terms of the lease. There will be a Tenant’s option to renew the Lease for a further ten years.
Premium - Premium offers in excess of £25,000 are invited for our client’s leasehold interest in the property, including trade fixtures and fittings.