A fully refurbished, turnkey island hotel on the harbour front of Tobermory, the west coast's most recognisable waterfront. Eleven en-suite letting bedrooms over two floors, a bar of around 25 covers with a serious whisky gantry, and 75 West, a 40-cover restaurant looking straight over the bay, behind it a newly fitted commercial kitchen. The first floor also carries a self-contained three-bedroom staff wing, equally suited to owners living on site.
See it as guests do, with the rooms, the menus and live rates, at thearms.co.uk.
The trade is real and the headroom is honest: room rates run £110 to £300+ a night by season, peak summer averages beyond £200, and the restaurant currently trades evenings only, which leaves daytime covers on the table for the next owner. We have run this business ourselves through Highland seasons; the numbers a buyer will be shown are numbers we have lived.
The price is £1,450,000. It reflects a finished, refurbished, trading asset with nothing left to spend, and it is the price: we know what it is worth and we are not in a hurry.
Full particulars, accounts for serious enquiries, further photos and viewings are all arranged directly: hello@9rok.com or 0333 050 0953. You will be talking to the owners, which tends to make the answers quicker.
Illustrative, using the assumptions published across this site, and exactly the arithmetic in our guide to buying a hotel in Scotland:
Not an offer of finance, and lenders will make their own assessment of the trade; it is the honest shape of the deal.
Send the particulars, the price and the accounts you've seen. One working day to an honest view from people who have owned the trade.