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Isle Of Arran, Ayrshire, KA27

Offers in Excess of
£395,000

Business rates & charges may apply

TSA Property Consultants Ltd, Glasgow
SIZE

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SECTOR

Residential development for sale

USE CLASSUse class orders: C2 Residential Institutions, C2A Secure Residential Institution and C3 Dwelling Houses

C2, C2A, C3

Description

Prime Location
Stunning Sea View
Substantial Hotel / Care Home / Development
Private Car Park
27 Bedrooms
Rent On Request
Sale: o/o £395,000

Location

Whiting Bay is located on the south east corner of the island and overlooks the Firth of Clyde, with views to the very southern point of Scotland. The village provides a newsagent, post office, pharmacy, two general food stores, café/bar, restaurant, bistro, hardware store and a farm shop. There is a craft outlet and art gallery, as well as a picturesque 18-hole golf course. Primary schooling is available in the village and secondary schooling is found at the High School in Lamlash. The surrounding area provides some of Arran's most scenic walks, not only along the shoreline, but also through the forest to Glenashdale Falls

The Isle of Arran, approximately 167 square miles in area, is sometimes referred to as "Scotland in miniature", as it is divided into highland and lowland areas by the Highland Boundary Fault. The island is a popular destination for geologists, due to the substantial volcanic activity around 16 million years ago in the Tertiary period.

There are many stone circles and standing stones dating from Neolithic times, including those on Machrie Moor and the Giants Graves above Whiting Bay. Arran is approximately 60 miles in circumference and has some of the finest scenery in Scotland, with excellent walking, rambling and sea and trout fishing. Tourist attractions include Arran Aromatics, Arran Heritage Museum, Lochranza Distillery and Brodick Castle. There are seven golf courses on the island with 'Cooriedoon' ideally positioned for easy access to Whiting Bay Golf

Description

Cooriedoon offers an incredibly exciting and lucrative residential/commercial project in the heart of Whiting Bay on the Isle of Arran. The former care home has outstanding potential and could, subject to the correct permissions, be converted to a hotel, holiday lets, a bed and breakfast/Airbnb, an aparthotel, a guest house, or even a wedding venue/event space. Arran has huge demand for all aforementioned options, and Cooriedoon's configuration would also allow for conversion into apartments and two terraced houses, which there is also enormous demand for, given how many people are deciding to live on the island either part- or full-time.

The beautiful, imposing late Victorian building started its life in 1900 as the Whiting Bay Hotel, and in 1988, after extensive renovation, became Cooriedoon Nursing Home. The historic property boasts a truly enviable location: far enough away from the road to enjoy a secluded setting, and elevated to take full advantage of the views encompassing the beach, the Firth of Clyde, and the Holy Isle, with a particularly spectacular outlook from the upper two floors. The property's accommodation is arranged over the ground, first, and second floors and consists of 27 bedrooms (accessible by a lift or stairs), some with en-suite facilities, with each floor also benefiting from an accessible bathroom or shower room. In addition to the extensive sleeping accommodation, the property has a multitude of other rooms that have previously been used as communal/staff spaces, such as living rooms, two kitchens, lounge rooms, a dining room, staff rooms, offices, and various store rooms, a laundry, and WCs, with the public rooms and kitchens offering potential for conversion into commercial kitchens/a restaurant if the new owner takes the hotel/guest house route. The opportunities are truly endless with Cooriedoon, and the new owner has creative scope to elevate this beautiful property and use it to its full potential.

Externally, Cooriedoon is set in generous grounds, boasts a rooftop balcony, and extensive parking is available by way of a large, private driveway.

Rent

Our client may consider offering the property on a new full repairing and insuring head lease for a negotiable term, rent on request

Sale

The property is available on a freehold basis for offers over £395,000


V.A.T

Figures quoted exclusive of V.A.T

E.P.C.

Available on request

Title

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant

Brochures

Isle Of Arran, Ayrshire, KA27

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ardrossan Harbour Station15.1 miles

About TSA Property Consultants Ltd, Glasgow

162 Buchanan Street, Glasgow, G1 2LL

Notes

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