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Detached house for sale
Torran Bay Hostel, Ford, Lochgilphead, Argyll, PA31
£795,000
Torran Bay Hostel, Ford, Lochgilphead, Argyll, PA31
£795,000
Our Summary
- Development opportunity with land in prime position on banks of Loch Awe
- There is planning permission crystallised for a shop/bar and restaurant
- 98 acres)Lot 3: Potential development plot subject to planning (approx
Description
Torran Bay Hostel is a unique and versatile property situated on the picturesque banks of Loch Awe in Argyll, Scotland. This tranquil retreat, which was established as part of a diversification project in 2009, features a sixteen-bedroom hostel with en-suite facilities, offering a turnkey business opportunity in a high-demand tourist area. The hostel is set within a larger estate that is now available for purchase, with planning permission already secured for a shop, bar, and restaurant, enhancing the potential for business growth and diversification. The estate is divided into four lots, each offering different development opportunities, ranging from the immediate land surrounding the hostel to larger parcels suitable for various uses, including agricultural or residential development, subject to the necessary planning consents. The site benefits from stunning views over Loch Awe, known for its picturesque sunsets and excellent conditions for sailing and water sports. The nearby town of Lochgilphead provides essential amenities, with Oban, a larger coastal town, offering a wider range of facilities and access to the Isles of Mull, Jura, Islay, Colonsay, and Gigha. This property presents a rare chance to own a piece of Scottish paradise with a well-established tourism business, surrounded by natural beauty and rich in outdoor and cultural activities.