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Melfort Pier & Harbour, Kilmelford, Oban, PA34 4XD

For sale: £2,900,000.00|General Retail, Restaurants/Cafes, Retail, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£2,900,000.00
ADDRESSMelfort Pier & Harbour, Kilmelford, Oban, PA34 4XD
TYPEGeneral Retail, Restaurants/Cafes, Retail, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON13th November 2019

DESCRIPTION

■ 13 Holiday homes ■ Pier, slipway and harbour ■ 20 leased moorings ■ Fantastic loch side views ■ Further development potential (subject to planning consents) About 4.5 acres in total This is a genuinely rare opportunity for the discerning purchaser to acquire a 4.5-acre (approximately) prime waterfront site, complete with private harbour, two private beaches, three slipways, twenty deep water moorings, with Crown Estate lease, an ancient pier, with fishing rights, title to the low water mark, and thirteen beautifully designed and equipped holiday homes. Melfort Pier & Harbour is in a stunning location, on the shore of one of the most beautiful sea lochs on the West Coast of Scotland, where the Highlands come down to the sea, and currently operates as a well run self-catering business. This is a great investment opportunity in a superb part of the world, and is offered for sale due to the owner�'s advancing years, after 25 years constructing every part of the entire property except the ancient pier. This is a must see to absorb and appreciate the tranquillity and ambience of Melfort Pier & Harbour, and the surrounding Highlands. The Property The land at Melfort Pier was purchased in 1990 by the current owners. Over the period since the entire property including the current accommodation and facilities available today have been developed. The development makes full use of its fantastic and unique setting with breath-taking views down Loch Melfort and beyond from every property. The individual houses are centred round the traditional stone-constructed pier and harbour with the total site area extending to approximately 4.5 acres (1.82 hectares). All the properties are of concrete and cement block construction, faced with local quarried stone, and cedar cladding. In addition to the houses, Melfort Pier & Harbour includes two small beaches,150 feet of floating docks, three slipways and undercover dinghy storage. There is ample parking adjacent to each of the houses, with tarmac driveways and walkways throughout. The residential properties comprise 13 Scandinavian-style holiday homes, with a mixture of one, two or three en-suite bedrooms, and each with a sauna and spa bath, together with well fitted out kitchens and flat screen TVs, and each house with a balcony or patios. Accommodation in the individual properties is summarised as follows: • Bridge Deck (1 bedroom - 2 bathrooms, EPC G) • Moorings (2 bedrooms - 2 bathrooms, EPC G) • Pier West (2 bedrooms - 2 bathrooms, EPC G) • Boathouse West (3 bedrooms - 3 bathrooms, EPC G) • Boathouse East (3 bedrooms - 3 bathrooms, EPC G) • Commodore Suite (1 bedroom - 1 bathroom, EPC G) • Anchorage (2 bedrooms - 2 bathrooms, EPC G) • Admiral (1 bedroom - 1 bathroom, EPC G) • Dock Master (2 bedrooms - 2 bathrooms, EPC G) • Crow�'s Nest (2 bedrooms - 2 bathrooms, EPC G) • Captain�'s Quarters (3 bedrooms – 3 bathrooms, EPC G) • Mermaid (2 bedrooms - 2 bathrooms, EPC E) • Skipper�'s Suite (1 bedroom – 1 bathrooms, EPC G) Six of the houses have disability access, and walk in showers etc. Support Facilities There is a range of service areas including a reception/office, laundry facilities sufficient to cater for all laundry needs, staff quarters comprising five double en-suite bedrooms, three kitchens and two lounge areas, various stores, and workshop facilities. The Business The shares in Melfort Pier Holidays Ltd, owners of Melfort Pier & Harbour, are offered for sale, as a real estate investment, but the company does also provide a rural and romantic destination, allied with comfort, service and stunning views, trading as a self-catering holiday business operating throughout the year, with good occupancy levels, and additional income from the summer moorings and harbour berths. As such it provides an income source, in idyllic surroundings. The company has been awarded the Thistle award for the best self-catering business in Scotland, and the Leonard Cheshire award for hospitality to the disabled. The business is currently run by a manager, assisted by housekeeping, cleaning and maintenance staff, under the guidance of the owners. Full trading accounts will be made available to interested parties after formally viewing the property. The Sale of individual holiday homes In addition to the 13 homes listed, an additional five homes have been sold to individual owners, and are used either as permanent homes, or as holiday homes/self-catering rental homes. The five homes were sold between October 2010 and mid 2013. The Estate is governed by a Deed of Conditions, which includes absolute rights for the company to act as Estate managers for as long as they own any houses, or land for further development. General Remarks and Stipulations Services A private water supply from hill ground to the north is collected in large storage tanks located 30 meters above the estate, on neighbouring land, providing an ample supply of high quality water at 3-bar pressure. Filtration and Ultra Violet purification is provided at the first point of entry. The supply has full servitude rights. A full hydrological assessment and report is available. Waste systems are by way of multiple septic tanks at different locations around the property. CCTV cameras are located throughout the estate. WiFi is transmitted throughout the estate, with two separate carriers. Central garbage skip, collected as necessary, and recycle bins are conveniently located adjacent to the Office area. Note: The services have not been checked by the selling agents. Tenure The property is held under absolute ownership/heritable (freehold equivalent) title. Possession Vacant possession will be given on completion, subject to rental bookings. Rateable Values The units have individual rateable values. Please contact the selling agents for further details. Currently the rates are discounted by 25% under the small business bonus scheme. Situation The property is 1.5 miles west of the village of Kilmelford, which is situated on the A816 Lochgilphead to Oban road. Kilmelford has a village shop, post office, hotel and marina. Oban is the main ferry port for Argyll and the south-western Highlands and Islands of Scotland. Lying 16 miles to the north of Melfort Pier & Harbour, Oban is an important town of commerce and provides a variety of retailers, wholesalers, professional services, a hospital, secondary school with sports and leisure facilities, and a ferry terminal with daily services to a range of islands including Mull and the Outer Hebrides. There is also a small airport at Connel, 4 miles north of Oban which is popular with private aircraft. There are scheduled flights from the airport to Coll, Tiree, Islay and Colonsay. To the south, Crinan (21 miles) and Lochgilphead (22 miles) provide further services and are popular with tourists including sailors navigating the Crinan canal which connects Loch Fyne (on the east side of the Kintyre peninsula) with the Sound of Jura and the Atlantic Ocean (on the west side). Lochgilphead is the administrative capital of Argyll and location of the main council offices. The quality of sailing off the Argyll coast and Inner Hebrides is of world renown and the property is therefore perfectly placed for sailing enthusiasts to explore much of the west coast. In terms of land-based activities, there are several golf courses within an hour�'s drive of Melfort Pier & Harbour including the Isle of Seil course at Balvicar, the Glencruitten course near Oban and courses at Lochgilphead, Tarbert and Taynuilt. With a large extent of Forestry Commission woodland in the district, there is an almost endless choice of routes for cyclists, mountain bikers and hill walkers. There is a fantastically diverse range of activities within a drive of an hour or so, with many islands to explore, mountains to climb, lochs to fish, pubs and restaurants to dine at throughout Argyll. ( Agency Pilot Software Ref: 759009 )

LOCATION

Location: Melfort Pier & Harbour, Kilmelford, Oban, PA34 4XD

Oban (9.9 miles)

AGENT'S DETAILS

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