Historic 19th century Isle of Skye hotel up for sale

Tue, 27 Sep 2016 | COMMERCIAL PROPERTY

A hotel on the Isle of Skye, dating back to the 1800s, is now up for sale after the owner has decided to retire.

Mr Richard Jeffrey, who has had a long 40-year career in the hospitality sector, has decided to retire and sell the Ardvasar Hotel, which he has owned for 15 years.

On his decision, Mr Jeffrey said: “I’ve done 15 summers here on Skye, and it’s been great fun, but it does take its toll and it’s time to think of doing something else. I’m going to take a year out before I do anything rash. The hospitality business is good fun but it’s hard work and it’s time to re-evaluate things.”

The 10-bedroom hotel overlooks the Sound of Sleat and has stunning views of the Knoydart mountains. It is also situated 800 metres from the pier and provides an excellent resting place for those coming to enjoy hillwalking, sailing or fishing.

The hotel is open all year round and counts international visitors as well as those travelling from the UK. It also provides a social base for the local populace, including the student population of the Gaelic college nearby.

Mr Jeffrey has appointed business property adviser Christie & Co who has put the hotel on the market for £825,000 as a freehold property.

In a statement, Christie & Co associate director Stuart Drysdale said: “The Ardvasar Hotel presents an excellent opportunity for a purchaser to take on a well-established business with good reputation and consistent turnover and profit levels.”

“Skye has always been a popular destination for visitors to Scotland and hotel trade is strong on the island.”

You can browse leisure businesses for sale here.


Share this article



Latest Businesses for Sale

Provider of Fabrication Services
North East, UK

Provides a range of fabrication services, manufacturing specialist components for a diverse client base. Each process is overseen by the business, including design, project management and installation. Offered for sale to facilitate growth under the...

Asking Price: Offers Invited
Turnover: £3,100,000

LEASEHOLD


Refrigeration Solutions Company (Fast Sale)
North of England, UK Wide

Indicative offers are required by close of business Friday 3rd April. The Business is able to produce cost effective robust solutions to companies predominately within the food and drink industry. Established refrigeration solution business. Strong y...

Asking Price: Offers Invited
Turnover: £300k - £1m

Educational Workshop Machinery Design, Supply & Installation
UK Wide

The business is a very well-established supplier to into the Education Sector, with additional links to The Prison Service, Hospitals, Theatres and Care Homes, all providing excellent opportunities for growth. Offers invited.

Asking Price: Offers Invited
Turnover: £1,600,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
27
 
Mar
 

Addison Lee acquired by consortium of investors | BUSINESS SALE

Addison Lee Group, London’s biggest private care hire ...

 
26
 
Mar
 

Leicestershire building products firm enters administration | ADMINISTRATION

Leicestershire-based System Building Products Limited has en...

 
25
 
Mar
 

Kaupthing plans sale of Oasis and Warehouse | BUSINESS SALE

Icelandic-owned UK women’s fashion retailers Oasis and...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
20
 
Mar
 

Hotel in Scottish Highlands for sale at knockdown price | COMMERCIAL PROPERTY

The Conon Bridge Hotel, located just south of Dingwall at th...

 
12
 
Feb
 

Victorian hotel set in Devon estate up for sale | COMMERCIAL PROPERTY

The Highbullen Hotel Golf and Country Club, which is set on ...

 
07
 
Feb
 

Sunderland restaurant up for sale | BUSINESS SALE

The owners of Sunderland-based restaurant D’Acqua have...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources