The Village Inn, Sinclair Bay Apartments, Main Street, Keiss, KW1 4UY
- SIZE
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- SECTOR
Commercial property for sale
Key features
- We are excited to bring to market this thriving Bar (The Village Inn) with two self-contained apartments. This Mixed Use Portfolio is located within a prime location in Keiss.
- For rental purposes, this investment can potentially generate a combined residential rental of £7,008 PCM (£84,096 PA), which provides an excellent 42% yield if achieved for guide price
- Offering lunches, dinners, and a selection of alcoholic drinks, the Village Inn (Bar) operates seven days a week. It enjoys a loyal customer base of locals and attracts a steady flow of tourists.
- Fantastic Turnkey Opportunity for Commercial investors looking for an affordable commercial premises generating immediate revenue in a busy location
- Apartment One is a three-bedroom unit and the other is a two-bedroom unit Both are finished to a high standard, ideal for holiday lets or long-term rentals.
Description
***For rental purposes, this investment can potentially generate a combined residential rental of £7,008 PCM (£84,096 PA), which provides an excellent 42% yield if achieved for guide price***FANTASTIC YIELDING INVESTMENT***
Offering lunches, dinners, and a selection of alcoholic drinks, the Village Inn (Bar) operates seven days a week. It enjoys a loyal customer base of locals and attracts a steady flow of tourists, thanks to its prime location along the popular NC500 route.
Fantastic Turnkey Opportunity for Commercial investors looking for an affordable commercial premises generating immediate revenue in a busy location
Apartment One is a three-bedroom unit and the other is a two-bedroom unit Both are finished to a high standard, ideal for holiday lets or long-term rentals.
We are excited to bring to market this thriving Bar (The Village Inn) with two self-contained apartments. This Mixed Use Portfolio is located within a prime location in Keiss.
The Village Inn includes a public bar, lounge bar, dining room, commercial kitchen, food prep room, laundry, freezer room, staff toilet, ladies and gents WCs, office, and two stores. Recently refurbished to a high standard, it is a turnkey investment.
The Sinclair Bay Apartments feature two self-contained units:
Apartment One: Three bedrooms (one en-suite), lounge, fitted kitchen, WC/laundry room, and family bathroom.
Apartment Two: Two bedrooms, lounge, fitted kitchen, and bathroom.
The Village Inn generates around £150,000 PA which would add additional revenue stream to already turnkey units.
Potentially excellent opportunity for serviced accommodation, with rates for 2 & 3 bed properties in the area starting from around £130 / £158 per night (subject to gaining necessary planning consents) At 80% occupancy per month, unit could achieve £7,008PCM (£84,096 PA) which would generate an incredible 42% gross yield if secured at the guide.
***Excellent Turnkey Investment***
The Village Inn Offers lunches, dinners, and a selection of alcoholic drinks, the Village Inn (Bar) operates seven days a week. It enjoys a loyal customer base of locals and attracts a steady flow of tourists, thanks to its prime location along the popular NC500 route.
Fantastic Turnkey Opportunity for Commercial investors looking for an affordable commercial premises generating immediate revenue in a busy location
Apartment One is a three-bedroom unit and the other is a two-bedroom unit Both are finished to a high standard, ideal for holiday lets or long-term rentals.
Location
Keiss, a picturesque village in Caithness, Scotland, offers unique investment opportunities with its coastal charm, historical significance, and potential for tourism and community-focused development. Located on the North Coast 500 route, Keiss benefits from its scenic coastal location, proximity to Wick, and accessibility via the A99, making it an attractive spot for visitors and residents alike. The village is known for its historical Keiss Castle ruins, sandy beaches, and outdoor recreational opportunities, providing potential for growth in tourism, hospitality, and leisure industries. Opportunities also exist in sustainable housing and small business ventures, supported by the area's tranquil environment and appeal to those seeking rural living. Keiss's combination of natural beauty, historical allure, and strategic positioning on a popular tourist route makes it a compelling choice for investors seeking growth in a serene and culturally rich location.
The Village Inn, Sinclair Bay Apartments, Main Street, Keiss, KW1 4UY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wick Station6.5 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property, Glasgow on 0141 673 3554.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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