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For Sale£425,000.00

FOR SALE The Golden Larches, Balquhidder Station, By Lochearnhead. FK19 8NX RESTAURANT/CAFÉ WITH B&B

Hotels, Restaurant/Cafes, Offices, Office, Restaurant/Cafes, Licensed & Leisure , 3792 Sq Ft
Property type: Hotels, Restaurant/Cafes, Offices, Office, Restaurant/Cafes, Licensed & Leisure
Tenure: Business for sale
Size: 3792 Sq Ft
Price: £425,000.00
Location: The Golden Larches Restaurant and B&B, , Lochearnhead, FK19 8NX
• HIGHLY PROFITABLE B&B/RESTAURANT IN POPULAR TOURIST LOCATION
• SEPARATE 2 BEDROOM OWNERS ACCOMMODATION
• 50 COVER LICENSED RESTAURANT WITH BEER GARDEN
• SCOPE FOR ADDITIONAL ACCOMMODATION / DEVELOPMENT
• LARGE PRIVATE CAR PARK
• GARDEN AREA OF APPOXIMATELY 1 ACRE
• QUALIFIES FOR 100% RATES RELIEF
• OFFERS IN THE REGION OF £425,000

DESCRIPTION

The building provides accommodation over two floors and a basement level. The original building is of stone construction with a two storey rear extension of brick construction and a conservatory.

The property provides 2 ensuite letting bedrooms on the first floor accessed via a separate ground floor entrance. Both rooms are configured to provide twin or double layouts and are fitted out to a modern specification with ensuite shower rooms.

The ground floor provides private owners accommodation consisting of two large bedrooms, open plan kitchen/dining/living area, office and bathroom. The remainder of the ground floor provides the restaurant/café area.

The restaurant area provides approximately 50 covers to include the conservatory and beer garden area. A central wood burning stove has been installed together with a serving counter. There are two accessible, upgraded unisex toilets. The kitchen is fully fitted out to cater for the restaurant and includes extraction system, washbasins, worktops, fryers and gas burners.

The basement area is currently utilised as storage space but does have separate access and good ceiling height. There is scope to re-develop the basement to provide additional accommodation (subject to planning). There is also a large detached double garage with back store which we believe could be converted to provide 3 further letting rooms (subject to planning).

Externally, the subjects occupy a large site extending to approximately 1 acre. There is a large car parking area to the front of the site whilst the rear forms garden and woodland. There is scope to provide further accommodation in the garden grounds whether it be glamping pods or log cabins (subject to planning)

THE BUSINESS
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The business is currently run by a husband and wife together with 2 full time staff and some additional seasonal staff. Accounting information can be provided to seriously interested parties. The business performs very well and is only for sale due to the owners desire to relocate abroad.

We believe that there is significant scope to increase turnover and profit by redeveloping the basement, garage and garden area. There is a very strong demand for accommodation within the area and often our clients are turning down perspective guests due to the letting rooms being occupied. There is sufficient demand to occupy additional letting rooms.

Our clients advise us that the property will be connected by the community fibre broadband within this year. This will supply 1Gbps (or 1000Mbps) download speeds for the price of standard broadband.

PLANNING
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All queries in relation to planning permission and use class of the subjects should be addressed to Loch Lomond and the Trossachs National Park Planning Department.

RATING
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The subjects qualify for 100% rates relief for 2017/2018.
The Rateable Value of the property is £4,550
Please contact local rating office for further information

CLOSING DATE
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A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

EPC
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