{"id":9896,"date":"2024-06-06T18:11:11","date_gmt":"2024-06-06T18:11:11","guid":{"rendered":"https:\/\/scotslion.co.uk\/?page_id=9896"},"modified":"2024-06-08T18:59:08","modified_gmt":"2024-06-08T18:59:08","slug":"sannox-hotel-for-sale-395000","status":"publish","type":"page","link":"https:\/\/scotslion.co.uk\/home-page\/sannox-hotel-for-sale-395000\/","title":{"rendered":"Sannox Hotel For Sale \u00a3395000"},"content":{"rendered":"

For Sale<\/strong><\/span><\/span><\/h3>\n

Sannox Hotel, Island of Arran<\/strong><\/span><\/p>\n

Guide: \u00a3395,000.<\/strong><\/span><\/p>\n

Our job is to buy old, closed shops, factories, offices and hotels and renovate them. Crucially we make best efforts to help our tenants or our buyers to bring the premises back to life. At the top left of this first photograph is the Sannox Hotel on the popular and busy island of Arran. We are now at approximately 90% to completion of the “back-to-bricks renovation since the hotel was closed (by the previous owners).<\/strong><\/em><\/span><\/p>\n

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^^ Sannox Hotel For Sale ^^<\/strong><\/span><\/p>\n

Approximately 90% Completed To The<\/strong><\/span><\/p>\n

Planning Permission &Building Warrant Specification<\/strong><\/span><\/p>\n

After 35+ years and 78 buildings plus 203 new jobs, this is likely to be one of our last projects as the managing director just hit 65 years of age and due to imminent surgery (on L4\/L5 as forecast 30 years earlier (here<\/a><\/span><\/span>), he and our shareholders are bringing this latest property renovation to completion and readying it for a new owner to re-open and put their style onto the (currently neutral colours). <\/strong><\/em><\/span><\/p>\n

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^^ Sannox Hotel For Sale ^^<\/strong><\/span><\/p>\n

Guide: \u00a3395,000<\/strong><\/span><\/p>\n

Though, please be in no doubt, that the renovation really was “back-to-bricks” and is one of the most thorough hotel renovations we have managed. Possibly because the director was brought up at a similar hotel in the neighbouring village of Corrie (here<\/a><\/span><\/span>).<\/strong><\/em><\/span><\/p>\n

So what would you be buying?<\/strong><\/em><\/span><\/p>\n

There are three elements to the Planning Permission-: <\/strong><\/em><\/span><\/p>\n

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A]. The Main Hotel. Expanded from 3 to 6 fully renovated en-suite guest bedrooms, plus an owner’s accommodation. Plus a guest dining room that has been adapted to expand into a major function room for events such as wedding receptions etc. The new layout lso allows for a separate tea-room on the southern side of the hotel.<\/strong><\/span><\/p>\n<\/blockquote>\n

d bedrooms\u00a0 (?<\/strong><\/em><\/span><\/p>\n

.<\/strong><\/em><\/span><\/p>\n

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\u00a0<\/em><\/span><\/p>\n

estabish<\/strong><\/em><\/span><\/p>\n

his is an opportunity for someone who wishes to change their lifestyle to an amazing island-based home + business + passive income if desired.<\/strong><\/em><\/span><\/p>\n

We have the Sannox Hotel for sale. However, rather than stick a price that equates to what we spent on the building in<\/strong><\/em>\u00a0renovations cost and newbuild construction, we have brought the entry-level of the core Sannox Hotel building down from \u00a3795,000 to a more affordable \u00a3395,000.<\/strong><\/em><\/span><\/p>\n

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^^ Sannox Hotel + Shop + Newbuild House ^^<\/strong><\/span><\/p>\n

Was \u00a3795,000 For House + Hotel + Village Shop.<\/strong><\/span><\/p>\n

Now The Core Hotel & Owner’s Flat Is Just \u00a3395,000.<\/strong><\/span><\/p>\n

The two additional elements (new village shop and newbuild holiday apartment) will be retained by ourselves pending the new owners of the hotel either leasing these newbuild apartment and newbuild village shop, or just taking an “option” to purchase them at a future date when the new Sannox Hotel owners have built up their reserves<\/strong><\/em>.<\/strong><\/em><\/span><\/p>\n

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^^ Sannox Hotel, Isle of Arran, KA27 8JD ^^<\/strong><\/span><\/p>\n

Our directors bought the old, closed Sannox Hotel before the Covid pandemic and managed to have a substantial Planning Application for the following back-to-bricks renovation and the following improvements…<\/strong><\/em><\/span><\/p>\n

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To date, approximately \u00a3795,000 has been spent on the actual building and the renovations.<\/strong><\/em><\/span><\/p>\n

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=> These renovations are approximately 90% complete.<\/strong><\/em><\/span><\/p>\n<\/blockquote>\n

Unfortunately, our managing director had spinal surgery following an accident in an earlier career (here<\/a><\/span>). Within the next few months from May 2024, a second and third spinal operation have been advised. This would delay the completion and re-opening of the Sannox Hotel.<\/strong><\/em><\/span><\/p>\n

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=> It would be unfair on the local community to have a main amenity in the village, including a new village shop further delay.<\/strong><\/em><\/span><\/p>\n

=> Yes it has taken EIGHT YEARS for the new MV Glen Sannox Ferry to be built (<\/span>click here<\/a><\/span>), but the new owner of Sannox Hotel will be very lucky<\/span> with timing as there are SIX NEW FERRIES on their way to the CalMac ferry network (<\/span>click here<\/a><\/span>).<\/span><\/strong><\/em><\/span><\/p>\n

=> So with this problem of new ferries being held up, now with a solution in sight, we do not want\u00a0<\/strong><\/em>the local hotel facilities at Sannox, nor the new village shop held up any further. The director that has progressed the Sannox Hotel project this far now requires further spinal surgery. That would slow the re-opening by another 12 months due recovery and physio etc. <\/strong><\/em><\/span><\/p>\n

=> Far better to think laterally and find a way to get the Sannox Hotel re-opened this year, 2024. Hence this title-split purchase option with the core hotel (and owner’s flat) being sold first at offers over: \u00a3395,000. Then an option to lease or purchase the Bay Cottage newbuild house and\/or an option to lease\/purchase the new Village Shop. It makes a substantial opportunity available to many more folk at a far more affordable \u00a3395,000 than a large bite of \u00a3795,000! Albeit that amount reflected a back-to-bricks rebuild + two newbuilds.<\/strong><\/em><\/span><\/p>\n<\/blockquote>\n

Fortunately, there is no mortgage on the hotel, and it has been the business of our parent company to help closed down shops, factories and tired High Streets to reopen. Firstly by renovation and then through helping new businesses become established in the refurbished buildings. Including helping folk financially and with advice to s<\/strong><\/em>tart up businesses in the style of Dragons’ Den.<\/strong><\/em><\/span><\/p>\n

Consequently, we are able to make the Sannox Hotel a lot more affordable to the person or couple who would like this new and fairly unique style of life and employment. The proverbial picture paints a thousand words. How would you feel about living and working here, in this picture at Sannox Bay on the Island of Arran?<\/strong><\/em><\/span><\/p>\n

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Returning to this Sannox Hotel building for sale, here is the front garden…<\/strong><\/em><\/span><\/p>\n

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^^ Sannox Hotel Front Garden ^^<\/strong><\/span><\/p>\n

Alfresco Coffee & Snacks + View<\/strong><\/span><\/p>\n

Here is a short, but good quality video of the extended “front garden” at Sannox Hotel….<\/strong><\/em><\/span><\/p>\n