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Isle Of Mull Campsite Cottages And Shielings For Sale

Isle of Mull, Argyll and Bute
Asking Price:
£925,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£231,840
Cash Flow:
£93,080

This is an exceptional business in great condition.

Mull charms and commands the loyalty of all visitors. Our location is second to none. Stunningly beautiful, with the sea on two sides and views to Ben Nevis. Near the ferry, so seen by everyone. Stroll to pub, shop, and buses for Tobermory and Iona (for Staffa). Walk to spa, swimming pool, golf, castles and hills.

Turnover in 2016 was up over 30%. Road Equivalent Tariff cut ferry fares by nearly 60%. Ferries now run every hour, not every two. Bookings in 2017 show further growth of 17% over 2016.

Based on 33 years of trading, we have a loyal customer base, who return and recommend us to others. TripAdvisor gave us Certificates of Excellence for the last 4 years: 2014, 2015, 2016 and 2017. Our inventories, procedures and computer systems help maintain these high standards.

Besides 2 self-catering cottages and 90 touring pitches, we offer glamping in 16 Shielings, semi-permanent tents designed and made on site. We also make the Shieling Dryer - www.ShielingDryer.co.uk - a green replacement for the tumble dryer. Winter manufacture helps provide all-year employment.

We care deeply about the business. In preparing it for sale, we paid £6865 on sea defences, £10450 on a long sea outfall for effluent, £15,727 on electrical distribution, and £6680 on updating computer hardware and software, total £39,722. Double that for our own hours. We would work hard to achieve a successful transfer to any buyer who had our confidence.

Further information available upon request, please contact seller below for more details.

Property information

Property:

Freehold

Living Accommodation:

The Owner’s house is right by the sea. Watch sea otters from your breakfast table. Built in 2001, it has 3 double bedrooms, integral reception, multifuel stove, and a small conservatory.

On the ground floor: large reception/office; large open plan living/dining/kitchen with multi-fuel stove; double bedroom; bathroom; and small conservatory. Upstairs, two very large double bedrooms, which could be ensuite. Wi-fi. Storage and panel heaters

Location:

A unique location, combining very great peace and beauty with convenience to all a visitor could wish. Our central location, within easy walking distance of the ferry and bus services, makes this the ideal base for the whole of Mull.

Premises Details:

Please see http://www.shielingholidays.co.uk/SitePlan.html

Our site has the sea on two sides. On the third side are fine Scotch elms and beeches, and on the fourth a stream and native woodland. There is a rich variety of habitats and wildlife. Breath-taking views give a feeling of space and freedom.

The site is on two levels, divided by a limestone craig. On the lower level, by the sea:
Owner's House and Reception
Cottage with the main toilets and showers
50 touring pitches, of which
- 28 pitches for caravans, all with hard stand and hook-up
- 6 pitches for either caravans or tents, all with hook-up
- 16 pitches for tents, 10 with hook-up
Shielings with workshop, launderette, kitchen, and a twin/double budget bedroom
Sailmaker's workshop in a timber frame Shieling

On the upper level, with even more spectacular views
Former Owner's Cottage and Shieling Cottage - http://www.shielingholidays.co.uk/Cottages.html
15 glamping Shielings - http://www.shielingholidays.co.uk/Shielings.html - of which
- 8 ensuite
- 5 standard
- 2 with 8 budget beds in 4 twin/double rooms
4 facility Shielings of which
Common Room, with multi-fuel stove
Games Room
Toilet Facilities (3 WC, 3 WHB and 2 showers for each sex)
Family Bathroom with bath, and Disabled Bathroom with shower

The buildings are all modern, built in the Scottish vernacular style to suit the landscape.

The Owner's House, built in 2001, includes the office and reception - see above.

The Former Owner's Cottage, built in 1989. On the ground floor: large double bedroom, bathroom, and spacious open plan living/dining/kitchen with multifuel stove. In the loft, 2 double/twin bedrooms and studio. Gas cooker, CH. Wi-fi. Patio to seaward.

The Shieling Cottage, built in 1984. On the ground floor: double bedroom, TV room, shower room, open plan living/dining room. In the loft, 2 bedrooms. Wi-fi. Gas cooker. Storage and panel heaters

The Cottage housing the main showers was also built in 1984. On the ground floor, the Ladies' has 4 WC, 4 WHB and 2 showers; the Gents' 2 WC and 2 urinals, otherwise the same.

A timber frame Shieling of 12.8 x 5.6 metres provides a Sailmaker's Workshop for manufacture of Shielings and Dryers.

Size in square feet:
71 sq m
Planning Consent:

Schedule of Consents available on request

Energy Performance Rating:
F

Business Operation

Expansion Potential:

Turnover in 2016 is up over 30%. Road Equivalent Tariff cut ferry fares by nearly 60%. Ferries now run every hour, not every two. Turnover to mid June 2017 shows further growth of 17% over 2016.
We forecast further significant increases in profit in 2017 and 2018.

The planners have approved a pre-application for replacement of Shielings with lodges with an 11 month season. We would not wish to replace Shielings ourselves. But successors wishing to realise capital might sell lodges, say, on a 30 year lease.

Shielings evoke the summer cottages of Highland shepherds by mountain and shore. Glamping combines the comfort of a cottage with the back to nature of camping. Shielings could be franchised to others to meet the demand for glamping. The Shieling Dryer dries clothes outside for free all year in all weathers - https://www.youtube.com/watch?v=A9XsKt6HCd0. We have trade marks for the Shieling name and logo. Successors could promote Shielings and Dryers in Scotland and beyond.

Competition / Market:

Our location at the entry to Mull gives us a competitive edge. Campers like to be near the ferry, avoiding single track roads with caravans and campervans. In self-catering, the demand is increasingly for glamping and short breaks. Shielings are easy to clean, so we can offer a minimum stay of as little as 2 nights, which conventional accommodation cannot match.

Reasons for selling:

We are 82 and 78 and wish to hand over to successors with the time and energy to exploit the great potential.of the business.

Trading hours:

Camping 03/03/16 to 06/11/16, Shielings Easter to mid-October, Cottages all year.

Employees:
If you are a couple working year round as owners, you need another couple as Assistants for the season, and a third employee at the peak.
Years established:
33

Other Information

Support & training:

We want the business to prosper, and would give any buyer who had our confidence support and training if reqested, for example in
1 Shieling and Dryer design and manufacture
2 specifications, inventories and procedures
3 computer systems, eg our own booking system and online booking website - http://bookings.shielingholidays.co.uk/booking

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

In December 2014 the business was valued at £925,000, excluding the intellectual property. Since then there has been dramatic growth in turnover. Accounts for 10 years 2006 to 2016 are available on request. We can put you in touch with a source of finance and will be glad to answer questions.

All offers welcome. We may consider limited owner financing. We will not be obliged to accept the highest or any offer.

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