Skip to main content

No longer on the market

This property is no longer on the market

Hotel

Auction
Sold STC
Hotel
13 beds
Added > 14 days

Features and description

  • Stunning tourist island location
  • Massive lifestyle business opportunity
  • Substantial development opportunity (STP)
* AVAILABLE FOR IMMEDIATE PURCHASE, PRE-AUCTION OFFERS ARE WELCOME ON THIS PROPERTY. CONTACT OUR OFFICE TO DISCUSS*

FOR SALE BY ONLINE AUCTION THURSDAY 14TH DECEMBER AT 9.00AM. An incredible opportunity to purchase the famous MacDonald Arms Hotel in Tobermory, Isle of Mull.

* Prime trading location.
* Fantastic lifestyle business with owner's accomodation included.
* Potential for stunning redevelopment (STP)
* High demand tourist area.
* 3 bed living accommodation
* 10 letting rooms
* Bar and lounge areas

At the heart of Tobermory, on the beautiful Isle of Mull, lies the MacDonald Arms Hotel. With extensive views over the bay, the property offers massive potential to a prospective buyer and a chance to turn the once popular hotel into a new investment. Situated on Tobermory main street, the mid-terrace building has huge potential to thrive in the island community and with the many visitors and tourists to Mull. In addition to accommodation for letting out, there is accommodation available for prospective new Owners/ Managers on both the first and second floor.

Plans have been drawn up which propose both retail and residential use of the property, which previously operated as a pub with guest rooms. These, which are subject to planning permission, are available on request.

There is an extensive variety of space available across the three floors. Modernisation/ redecoration is required.

Ground Floor: One of the two main doors leads to what was a public bar, while the other leads to the reception hallway. From the latter, there is access to the lounge bar area, which features the once hugely popular snug area. Also leading from the reception hallway is a pine staircase to the upper floors. There are two sets of toilets, and extensive storage at the back of the ground floor.

First Floor: There is a residential lounge looking over the bay, a former dining room, and a 3-bedroom staff apartment which also features an office and kitchen/ pantry access. There are also 2 bedrooms with shared bathroom and showers (for letting out) and access to the rear garden which is raised.

Second Floor: There are 8 bedrooms for letting out, 4 of which have views over the bay.

Rateable value: £29,250 (April 2023)
Services include mains water, electricity and LPG gas.

Tobermory was built as a fishing port in the late 18th century and is now the main town on Mull, which is nestled within the Inner Hebrides off the west coast of Scotland. You can access Mull via the Oban/ Craignure, Lochaline/ Fishnish or Tobermory/ Kilchoan ferries, or fly yourself into Glenforsa!

Tobermory is picture-postcard pretty with brightly painted buildings along the main street, surrounded by high woodland-fringed hills overlooking a stunning bay. The town has a good variety of shops, hotels and accommodation and is the administrative centre for the island. The harbour is always busy with fishing boats and yachts. Mull is a hugely popular tourist destination with much to offer along the coastline and beaches. Annual features include the Mull Highland Games, Mull Music Festival, the Island Car Rally, along with various yachting regattas, distillery tours and Isle of Staffa tours which allow access to Fingal's Cave.

To view legal documents relating to this property please visit our website.

Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.

About this agent

See more properties like this

*Disclaimer and call rate information...