For Sale
Sannox Hotel, Island of Arran
Guide: £395,000.
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).
^^ Sannox Hotel For Sale ^^
Approximately 90% Completed To The
Planning Permission &Building Warrant Specification
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), 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).
^^ Sannox Hotel For Sale ^^
Guide: £395,000
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).
So what would you be buying?
There are three elements to the Planning Permission-:
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.
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his is an opportunity for someone who wishes to change their lifestyle to an amazing island-based home + business + passive income if desired.
We have the Sannox Hotel for sale. However, rather than stick a price that equates to what we spent on the building in renovations cost and newbuild construction, we have brought the entry-level of the core Sannox Hotel building down from £795,000 to a more affordable £395,000.
^^ Sannox Hotel + Shop + Newbuild House ^^
Was £795,000 For House + Hotel + Village Shop.
Now The Core Hotel & Owner’s Flat Is Just £395,000.
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.
^^ Sannox Hotel, Isle of Arran, KA27 8JD ^^
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…
To date, approximately £795,000 has been spent on the actual building and the renovations.
=> These renovations are approximately 90% complete.
Unfortunately, our managing director had spinal surgery following an accident in an earlier career (here). 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.
=> It would be unfair on the local community to have a main amenity in the village, including a new village shop further delay.
=> Yes it has taken EIGHT YEARS for the new MV Glen Sannox Ferry to be built (click here), but the new owner of Sannox Hotel will be very lucky with timing as there are SIX NEW FERRIES on their way to the CalMac ferry network (click here).
=> So with this problem of new ferries being held up, now with a solution in sight, we do not want 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.
=> 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: £395,000. 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 £395,000 than a large bite of £795,000! Albeit that amount reflected a back-to-bricks rebuild + two newbuilds.
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 start up businesses in the style of Dragons’ Den.
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?
Returning to this Sannox Hotel building for sale, here is the front garden…
^^ Sannox Hotel Front Garden ^^
Alfresco Coffee & Snacks + View
Here is a short, but good quality video of the extended “front garden” at Sannox Hotel….
^^ Sannox Hotel + Sannox Beach + Sannox Bay
Courtesy of MadMacs FPV
MadMacs We Would Like
To Say Thankyou Properly: (Here)
This main “Unique Property For Sale Page” is being updated this weekend and regularly every few days from here onwards.
Due to the likelihood of placing a bid to buy Sanda Island, this Sannox Hotel section will now be uploaded during…
The First Half Of…
June 2024
This is also due to the likelihood of a new sea tour (and backup ferry service) based initially at Sannox Hotel and using a ship we bought off of CalMac in 2001 (the MV Lochmor). That vessel has had a major rebuild. Discussions with the current owners of the ship in Iceland are commercially sensitive. Given that this would impact the sale of Sannox Hotel, we are delaying the full details of Sannox Hotel by a few days.
^^ The Sannox Hotel Renovation ^^
Includes A Hotel-Based Ship Tour Facility.
At the time the negotiations on ship purchase were commenced, the availability of Sanda Island for sale had not been on our radar.
=> Having been lucky enough to have been brought up on the Island of Arran and lived on Davaar Island, with the luck continuing in living on Ailsa Craig Island, it is a natural progression to bid to buy Sanda Island.
=> Hence a few days delay in the full Sannox Hotel details whilst we remedy the status of Sanda Island and (separately) MV Lochmor..
In essence the managing director of the company that owns Sannox Hotel and previously owned the CalMac ferry MV Lochmor (here) has spinal surgery due imminently. Hence one option is to sell the Sannox Hotel to a younger fitter person or couple.
But in order for the viability of ta re-opened Sannox Hotel to grow, there are additional elements and facilities needed.
=> One of these is a sea-tour service based at Sannox Hotel.
So to to let folk who are interested in this have some advance knowledge, here is the vessel and also the routes we had lined up prior to Sanda Island coming onto the “For Sale” market…
^^ MV Lochmor After The Major Refit ^^
By the look of the chief + the skipper and mate, driving MV Lochmor to the insurance limits of ply off Davaar Island twice a week was more fun than work…
^^ MV Lochmor On A Regular “Engine Run” ^^
Ships often degrade if left tied up and only minimally maintained (if at all).
So partly due to the health of MV Lochmor, we ensured the ferry had all systems + engines + generators run up, twice a week. All under the careful supervision of the most important component in and ship: the chief engineer.
MV Lochmor Main Engines ^^
In this case we were incredibly fortunate to have Chief Engineer Donnie Woodrow in charge of the engineering (it was Donnie who was the Chief aboard MV Pentalina (here) on the inaugural voyage from the builders yard in the Philippines to the ferry’s home port of St Margaret’s Hope on Orkney.
=> Without MV Pentalina, then M Alfred would not have been built and the island of Arran would be in a very poor state!
^^ MV Lochmor In 2001 Before The Refit ^^
After the refit, the MV Lochmor has very comfortable internal seating and makes an ideal vessel for coastal cruising around Arran and the smaller isles.
^^ MV Lochmor After The Major Refit ^^
^^ MV Lochmor After The Major Refit ^^
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