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Victoria Hotel in Tarbert Argyll for Sale - A Prime Investment Opportunity with Diverse Income Streams

Tarbert, Argyll and Bute
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The Victoria HotelThe Victoria HotelThe Victoria HotelThe Victoria HotelThe Victoria Hotel
  • Status

    FOR SALE

  • Date Submitted:

    10/03/23

  • Advert ID

    509691

  • Reference

    Victori886 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £265,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Currently Closed
  • Prime Location

Business Details

The Victoria Hotel

Highly popular loch front former hotel located in Tarbert, Loch Fyne. Prime trading location previously operating with 6 letting bedrooms. Conservatory restaurant, former lounge bar, beer garden and private flat. Highly visible property offering potential of enjoying wide ranging income streams. Ideal business for chef, family or couple. Excellent investment opportunity for entrepreneurial owner.

Situated in Kintyre within the fishing village of Tarbert on Scotland’s west coast, the former hotel boasts uninterrupted views of the picture postcard bay with its fishing boats and stunning surrounding scenery. The area is renowned for some of the finest seafood caught in both the east and west coasts of Scotland while the beautiful Kintyre peninsular is the natural stopping off point for malt whisky aficionado’s en-route to the Isles of Islay and Jura.

The Kintyre peninsular has over the last few years been increasing its tourism through a new marketing group consisting of local business people and government agencies. This has led to the creation of a variety of new projects to entice tourism to Kintyre from Music and Food festivals to the Kintyre Way – a long distance path from Tarbert to Southend 95 miles long.

The village of Tarbert which is around 2hr 15 minuets drive west of the city of Glasgow and 35 miles north of Campbeltown has benefitted greatly by the recent expansion of the harbour which has seen an expansion in the number of berths and pontoons which has helped in attracting an increasing number of commercial and leisure vessels to the harbour. Being situated a short walk from the harbour as the Victoria Hotel is, means that the hotel is perfectly positioned to benefit greatly from this highly lucrative market.

Benefitting from a highly visible roadside location on what is arguably one of the best trading locations within the area, The Victoria Hotel offers a new operator a terrific opportunity to create something quite special.

By offering a spacious waterfront dining conservatory area, beer garden which also provides open views of the bay, bar area and 6 letting bedrooms, the former Victoria Hotel offers new owners tremendous potential to enjoy a wide and varied stream of business income. From local trade, traditional tourists, sporting visitors such as fishermen, walkers & cyclists plus the large number of yachtsmen and boaters that visit the areas, the trading opportunities at the Victoria Hotel are vast.

Since taking over the property our clients have looked at various trading options that the former hotel can offer. At the time the vendors decided that the property required the refitting of a new lounge bar to bring the operation more in line with what the modern food & drinks market demands. Now that the removal of the old and dated bar has taken place, the vendors have created a blank page for new owners in the development of the bar & kitchen.

While the property is currently closed, most potential operators will note on viewing the terrific opportunity on offer. Overall, the sale of the loch front former hotel that is located in one of Scotland’s most popular west coast towns, offers a truly rare opportunity for an enthusiastic and entrepreneurial owner.

PUBLIC AREAS
Access to the property is gained through the main entrance which is positioned to the left hand side of the property. A small vestibule gives access onto the hotel reception hallway with stairs to upper bedrooms. Leading on from the reception hall is the lounge bar area.

To the front of the property is the former dining conservatory. Access can either be gained via the bar or by a separate entrance from the beer garden.

The roadside beer garden which has views over the bay is situated to the opposite side of the main entrance and provides access to the bar area & conservatory. The beer garden offers a smoking area & w.c.


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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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