Offers Over Waterside House £399,000 6 West Shore Street ... · Waterside House has 3 well-appointed en-suite letting bedrooms, situated on the first and second floors with loch

Offers Over

£399,000 (Freehold)

Waterside House

6 West Shore Street, Ullapool, IV26 2UR

Stunning property situated in the charming

fishing and tourist village of Ullapool, adjacent to

the Ferry Terminal

Well-established bed and

breakfast in a unique village setting with

seaward views over Loch

Broom

Trading as a quality bed and breakfast providing

3 charming en-suite

letting bedrooms

Operating on a restricted basis through choice, the

business successfully generates a modest income

with strong capacity to

increase profitability

Outstanding private 1-bed (en-suite) owner’s

accommodation with lounge / dining room, conservatory, fitted

kitchen and utility areas

Attractive garden

grounds with extensive decking area, excellent

amenity outbuilding plus

private parking to the front of the property

DESCRIPTION Waterside House is a traditional stone building constructed in the early 1900s. With a tremendous trading location on the shore of Loch Broom and within the village of Ullapool on the West Coast of Scotland, the business has a strong appeal to guests. The subjects represent a high-quality bed and breakfast and home. The vendors have developed and maintained the property to a high standard and the guest rooms are all impressive with modern en-suite facilities and underfloor heating, also benefitting from loch views. Accommodation is well-appointed and decorated to a high standard providing a comfortable range of facilities. Coupled with the owner’s accommodation, these elements combine to make this a lovely home and income earning proposition.

TRADE

The current operation generates income through the provision of 3 good quality and comfortable en-suite letting bedrooms. Each guest room has modern shower facilities, with power showers and beautifully tiled units. Waterside House currently operates on a short seasonal basis trading from April to October plus the owners choose to only operate Monday to Thursday within this timeframe. This relaxed trading pattern is due to personal preferences of the vendors to maintain a modest income and a lifestyle business operation. There is undoubted scope for new proprietors to expand the trading pattern, possibly to operate year-round, and 7-days opening which would result in generating greater turnover and profitability. This lovely B&B property is marketed through a number of web-based platforms and its own website. The property has a certificate of excellence from Trip Advisor and is rated number two in the area. The location of the property also results in a high level of passing trade. These combined marketing activities enables the business to secure a high level of forward bookings and occupancy rates.

Guest Dining Area

LOCATION

Waterside House is just a short walk from the Caledonian MacBrayne ferry to Stornoway which leaves twice daily (once on Sundays) for those planning a trip to

Lewis, Harris or the other Hebridean Islands. Tourism is a key driver of income with many visitors undertaking the North Coast 500 as well as walking / climbing holidays, water sports, fishing, games sports etc. Others partake in more leisurely excursions of

the many sites of historical interest or just taking in the array of natural landscapes. Visitors include ornithologists and naturalists who find an abundance of wildlife to keep them busy for an extended stay.

The property is easily accessible located just off the A835, and the signage is excellent. The immediate area is well served with facilities, shops and services for

both locals and visitors alike. The North West Coast of Scotland attracts a large number of visitors and The Waterside House makes a perfect base from which visitors can continue their odyssey of the broader Highland region Ullapool has a

strong sense of community, with schools, golf course and social and welfare facilities. Inverness, the Capital of the Highlands is a 65-minute drive away with a full range of services associated with a modern thriving City.

REASON FOR SALE Waterside House has been traded by the current proprietors since 1990 and they

have enjoyed their tenure at the helm of this lovely and unique business. However, they have now put the property to the market due to their desire to retire from the hospitality sector.

Letting Room One Letting Room One – En-Suite Letting Room One – En-Suite

Letting Room Two Letting Room Two

Letting Room Two En-Suite Letting Room Three En-Suite Letting Room Three

PROPERTY Waterside House is a traditional property, stone built under slate roof extending to 3 floors. Built in the early 1900s, this property

reflects a high standard of décor and fixtures and fittings, being presented in excellent condition.

PUBLIC AREAS From the carpark to the front of the property access is directly from street level. To the right entry is gained to the owner’s lounge where there are three tables for guest use, set on a raised platform. Access to this area is only for breakfast service. The lounge and dining area are beautifully presented and benefits from a wood-burning stove. Through the dining area is a large new conservatory which looks over the back garden and is surrounded by an area of decking.

LETTING ACCOMMODATION Waterside House has 3 well-appointed en-suite letting bedrooms, situated on the first and second floors with loch views. En-suites are modern with tiling floor to ceiling with attractive units, and underfloor heating. The rooms are spacious, beautifully presented benefitting from a good range of in-room facilities to include complimentary hospitality tray, flat screen TVs with Freesat digital channels and free wireless Internet access, etc. The rooms are configured as follows: Room 1 - Double en-suite with shower room Room 2 - Double en-suite with shower room Room 3 - King-size en-suite with shower room

OWNERS ACCOMMODATION / SERVICE AREAS In keeping with the quality and scale of the guest facilities, the owner’s accommodation is an attractive feature of this sale. There is one en-suite bedroom on the first floor. On the ground floor is a spacious kitchen which has floor and wall mounted units. There is a breakfast bar and dining area. To the rear is a utility room. Off the main hallway is a under stairs cupboard plus there is a linen store on the second floor.

Owners Lounge

Owners Lounge Owners En-Suite

Owners Conservatory Owners Kitchen

Owners Kitchen Owners Bedroom

EXTERNAL ASPECTS The property is well sign posted and has street level access from the pavement. Car parking is opposite the house for 3 guest cars. The

garden grounds are to the rear with a raise garden area at the very back with log storage and raised planters. There is a timber shed located which used for general storage and guest bikes, etc. This unit

has a WC and electricity with excellent insulation and is double glazed. There is an area of decking to the side of the conservatory.

SERVICE AREAS The property benefits from mains electricity, water and drainage. The accommodation takes advantage of an all-electric central heating

system with underfloor heating in the en-suites. The property is double glazed, fully fire and EHO compliant. There is Wi-Fi throughout.

COUNCIL TAX

The property has a council tax banding of ‘E’.

PRICE Offers Over £399,000 are invited for the freehold interest complete

with goodwill and trade contents (according to inventory). Stock at valuation.

WEBSITE www.waterside.uk.net

EPC RATING The property has an EPC rating of ‘TBC’.

FINANCE & LEGAL SERVICES ASG Commercial is in touch with several lenders who provide specialist

finance to the hospitality trade. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of

legal experts who can act in all legal matters arising.

VIEWING All appointments to view must be made through the selling agents: ASG Commercial Ltd, 17 Kenneth

Street, Inverness, IV3 5NR T: 01463 714757 M: 07799 896931 (Paul Hart)

M: 07557 785879 (Jackie MacGregor) E: [email protected] W: www.asgcommercial.co.uk

OFFERS All offers should be submitted in

writing to ASG Commercial Ltd with whom purchasers should register their interest if they wish to be

advised of a closing date if one.

HOTELS

GUESTHOUSES

LICENSED

RETAIL

OFFICES

INDUSTRIAL

UNITS

17 Kenneth

Street

Inverness IV3 5NR

Telephone 01463 714757

www.bedandbreakfastsales.co.uk