Price Reduction – The Horse Shoe Inn, Kilmichael Glassary, Lochgilphead, PA31 8QA

• Outstanding small Inn in an excellent central trading position in the village of Kilmichael Glassary
• Comprises 4 comfortable letting bedrooms, restaurant and bar
• Strong income levels and solid profitability
• Self-catering apartment and owners accommodation
• Fantastic opportunity to own this attractive business and take it to the next level

DESCRIPTION
The Horse Shoe Inn is a successful licensed Inn in an excellent trading location, in the centre of the bustling Highland village of Kilmichael Glassary, in the heart of Argyll and Bute. This striking building was built in the year 1798 and is of a traditional construction, painted stone walls with a slate roof. Over the years the building has been sympathetically adjusted and extended to the rear, into the well configured building we see today. The business enjoys income across all three traditional revenue streams of beverage sales, catering and accommodation provision with no over dependence on any.

The exceptionally spacious bar, together a with a covered external seating area attracts a tremendous level of support from locals, tourists and business clientele alike. The restaurant and bars benefit from a delightful traditional backdrop coupled with stylish, high quality décor. The Inn offers an excellent range of draft beers, spirits, wines and minerals which are complemented by a comprehensive and popular bar menu for diners. The high-quality food and beverage operation combined with welcoming staff and the smart, well equipped, modern facilities give the bar a deservedly superb reputation – 5 stars on TripAdvisor where it is rated number 1 restaurant in the local area.

The public areas are all freshly decorated and cleverly considered to create a different ambience in each space, offering attractive and flexible alternatives for guests. Contemporary lighting, smart new floor finishings and stylish furnishings combine to create a fresh modern setting in which to enjoy a relaxed drink or sample the delights of the great food offered. Meals are freshly prepared using locally sourced produce where possible.

The business benefits from an exceptional one bedroom self-catering apartment with separate entrance and secure garden as well as a 1-2 bedroom owners’ accommodation. Both areas are also finished to an extremely high standard.

BUSINESS OPERATION
The business operates 5 evenings per week providing wet and food sales in the evening. The trading hours are the lifestyle choice of the owners and offers the scope to extend the opening hours should the new owners desire. Currently the owners are not letting out the delightfully finished letting bedrooms (although they have done so in previous year). This is again a lifestyle choice and presents another opportunity to new owners to expand the business without incurring any significant additional costs.

THE PROPERTY
The Horse Shoe Inn is a detached property of traditional construction. Stone built under a slate roof; the subjects are arranged over two levels. To the rear of the property there is a large barn, which is currently used as storage. To the side of the barn is a good sized private rear garden which is part of the owner’s accommodation. The building has lapsed planning for 2 cottages, offering the opportunity to reapply for development although new owners should satisfy themselves that this can be successfully reapplied for. There is also the potential opportunity to fit this area out to compliment the operation of the Inn.

PUBLIC AREAS
The Inn’s main entrance opens into the welcoming reception hallway. To the left is the spacious restaurant and to the right are the comfortable bar areas. All areas are excellently presented and specifically tailored to suit the different function of each space. All areas are fitted with modern flooring and lighting and offer an excellent range of comfortable seating. The public bar has a TV. The internal areas can accommodate around 64 covers.

The lounge bar has capacity for at least 12 seated covers
The public bar can accommodate 10 to 12 covers
The dining room can accommodate 24 covers
The additional dining area can accommodate 16 covers
The outside gazebo covered and uncovered seating can accommodate 20 covers with the current furniture arrangement

The public bar has the added benefit from direct access separating casual customers from the reception and other Inn operations.

Stairs led up from the reception hallway to the four letting bedrooms contained within the Inn and the current owners accommodation, located behind a lockable door. There is also an office and or laundry room halfway up the hallway stairs.

LETTING BEDROOMS
The Inn has 4 letting bedrooms, sleeping 8 guests. These are all well-appointed and most comfortable with modern facilities. All bedrooms are on the first floor and have central heating, tea/coffee making facilities and TV’s.

Bedroom 1 – Twin bedroom with shower en-suite
Bedroom 2 – Double bedroom with shower en-suite
Bedroom 3 – Double bedroom with shower en-suite
Bedroom 4 – King bedroom with bath en-suite, with shower over

OWNERS ACCOMMODATION
The owners currently use the flat above the main kitchens as their accommodation It has been recently decorated and fitted out, bringing it to market in an excellent condition. The accommodation comprises a lounge / dining / kitchen with open fire set in an attractive feature period stone wall, master bedroom, box room (which is currently being used a as child’s bedroom), a shower room and a private garden. The rooms have lovely proportions and plenty of space. This part of the property could be used as self-catering accommodation if that was desirable.

THE STABLES
The Stables is a delightful apartment with independent access and a secure garden area. The apartment is connected to the main Inn building and is located to one side with a southerly aspect. The building is white painted render with a slate roof over. The windows are double glazed throughout, with Velux windows over the kitchen area. This beautiful property is tastefully decorated and configured as bedroom with ensuite shower room and a kitchen / dining / lounge. The kitchen is excellently appointed and has dishwasher and washing machine over and above the normal appliances and features. There is a private paved patio area to the side of the entry into the building which is fitted with a table and chairs which enjoys the sun throughout the day. The location of the cottage is very private and offers a relaxing ambience.

The internal finish is fresh, having been recently renovated with exposed an excellent level of detailing, exposed beams etc, all adding to the general cosy ambiance. The cottage is well equipped to make the guests stay both comfortable and enjoyable. This part of the property could be used as owners’ accommodation if that was desirable.

SERVICE AREAS
The Inn has a well-equipped kitchen with commercial catering capability and a fully vented extract system. There is a separate prep area and wash-up facilities and laundry facilities. The beer cellar and spirit store are conveniently located close to the bar. The business has adequate storage facilities throughout.

SERVICES
Mains electricity, water supply and drainage. The property has oil central heating and utilities LPG for cooking. Wi-Fi is available throughout.