£365,000 Guide price
The former Balmichael Visitor Centre sits in the Shiskine Valley with beautiful rural views across the valley to the sea, taking in Kintyre and Kilbrannan Sound as well as the northern mountains of Arran. It is situated in a charming traditional courtyard of various stone buildings of approximately 620 sqm, which have planning to be converted. Also included in the asking price is the large owner's cottage, car park and multi-use land, covering approximately in total 7 acres. Centrally located in the middle of the island and on the main bus route between Brodick and Blackwaterfoot.
When operational as a visitor centre, the courtyard buildings were configured for use as 7 retail units, a large Coffee Shop (a former watermill with the very large wheel still in situ), and cinema. There was also an outdoor artificial ice rink, go-cart track and various other outdoor children's play areas, in addition to a large store / workshop and garage. The centre and grounds offer a unique development and lifestyle opportunity.
There is now planning consent granted for a 'holiday village development' with around 36 Glamping pods with shower and kitchen building, up to 9 self contained self catering cottages units by converting all the stone outbuildings, potential motor home parking by using the existing car park, plus land to expand in the future.
CURRENT OWNER'S INCOME PROJECTION FIGURES:
Glamping Pod Income: £40 a night x 36 pods x 7 nights x 70% occupancy x 30 weeks = £211,680
Self Catering Cottages Income: £550 a week x 9 self catering x 30 weeks = £148,500 = £360,180
Plus income from possible Motor Home parking £20 per Motor Home, car park will hold upto 40 a night.
Possible £800 a night or £5600 a week at full occupancy at 70% occupancy x 30 weeks = £117,600
Total Income Projection: £477,780
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