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Cross Inn, Cross, Isle of Lewis Mixed use for sale
Cross Inn, Cross, Isle of Lewis
£235,000
Cross Inn, Cross, Isle of Lewis
£235,000
Our Summary
- To the side of the property is a lawned area currently used as a beer garden and outside dining but could, subject to plannings consents, be redeveloped to erect glamping pods or similar
- The business has undertaken very little marketing activity, and operates on a limited seasonal basis, which clearly offers an opportunity to extend the visibility and trading hours of the business, along with the potential change/additional development options, subject to all required consents
Description
The Cross Inn, a restaurant/bar/letting accommodation business on the Isle of Lewis, is being sold as a going concern. The business has a strong reputation and a prime location on the Hebridean Way, with a large restaurant, bar, and five ensuite letting rooms. The property has a lawned area that could be redeveloped for glamping pods or similar, and parking space for around 25 cars. The business has not undertaken much marketing and operates on a limited seasonal basis, offering opportunities to increase visibility and trading hours. The property has a rateable value of £16,000, but may be eligible for rates relief under the Islands and Remote Areas Hospitality Relief scheme. With strong forward bookings and occupancy rates of over 85%, this business is a unique opportunity for an enterprising and enthusiastic new team to take over and build on its success.