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Outdoor Activity Centre With Accommodation And Licensed Cafe For Sale

Grantown on Spey, Highland
Freehold Price:
£695,000 Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
£695,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£200K - £500K
Cash Flow:
£50K - £100K

Craggan Outdoors is an award winning outdoor activity centre with 60-bed bunkhouse accommodation & licensed café, enjoying enviable location near Aviemore in Cairngorms National Park. Long established, with consistent turnover & strong profit record.

Superb main road Speyside position, with USPs of having one of the widest ranges of activities offered in the Highlands, the majority of the 24 activities being on-site (including own river access), with clubhouse for client 'meet & greet', & great flexibility in being able to accommodate multiple groups through wide range of activities & two separate accommodation sites with set-up offering options to accommodate up to four different groups.

Part freehold (5 bed owner's accommodation & 23-bed Ardenbeg Bunkhouse), & part leasehold (activity centre & 37-bed Glenbeg Bunkhouse & Bothy). Preference is to sell as a single business, but open to selling freehold & leasehold entities separately. Applicable pricing can be given to interested parties.

A brand new distillery with a visitor centre forecast to attract c.30,000 visitors per year is due to be built next door to the activity centre, & opening in 2020

Property information

Property:

Available as freehold and leasehold

Lease Terms:

A new 20 year lease would be available to new owners under the terms of the current lease

Leasehold Rent:

tba per annum

Living Accommodation:

Superb five bedroom family home

Location:

Main activity centre enjoys easy access from the main A95 trunk road through the Highlands, with the Glenbeg accommodation being a couple of miles off this road, & the Ardenbeg Bunkhouse & owner's accommodation a mile away in nearby town

Premises Details:

Leasehold activity centre including appropriate land for the activities offered; leasehold Glenbeg Bunkhouse & Bothy accommodation; and freehold Ardenbeg Bunkhouse accommodation & owner's accommodation

Business Operation

Expansion Potential:

Significant potential exists to keep growing the business, with it having more than doubled in size under current ownership

Competition / Market:

The area is well known for outdoor activities, with the business being one of a number of high quality operators

Reasons for selling:

Current owners have worked hard to develop the business over the last 10 years, but with children now grown are looking to move on to the next stage of life

Trading hours:

Seven days a week during main spring to autumn season, & subject to pre-bookings during winter

Employees:
Four full time (including two owner-directors), & up to four seasonal staff spring to autumn
Years established:
Established in 2003, & under current ownership since 2008

Other Information

Support & training:

Appropriate handover programme would be agreed as part of sale

Website:
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Leasehold asking price:
£695,000 - Furniture / Fixtures and Inventory / Stock included

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