Lagnakeil Highland Lodges, Lerags, Oban, Lerags PA34 4SE

For sale by Auction on 18 June 2026.
Offered in partnership with Shepherd Commercial

Lagnakeil Highland Lodges presents a rare opportunity to acquire an established and profitable holiday lodge business being sold as a going concern within one of Scotland’s strongest tourism and leisure destinations. The business has developed a strong reputation within the west coast holiday market and benefits from a highly attractive trading location close to Oban, which continues to experience strong visitor demand throughout the year.

Location Lagnakeil Highland Lodges occupies a prominent and accessible position on the outskirts of Oban, one of Scotland’s most popular west coast tourist destinations and widely regarded as the “Seafood Capital of Scotland”. Commonly referred to as the “Gateway to the Isles”, the town attracts substantial visitor numbers throughout the year and offers an excellent range of amenities, restaurants, independent retailers and leisure attractions, together with regular ferry connections to the Inner and Outer Hebrides.

The property is situated within an area of outstanding natural beauty, with the surrounding Argyll and west coast region renowned for its scenery, outdoor pursuits and tourism appeal. The location is particularly well placed to capitalise on the strong demand for self-catering accommodation from tourists, walkers, cyclists and outdoor enthusiasts visiting the wider Highlands and Islands.
Accommodation Lagnakeil House
Ash Lodges (6 no)
Beech Lodges (2 no)
Conifer Lodges (7 no)
Poplar Lodges (2 no)

Tenure: Freehold

EPC Rating: TBC

Terms:
Viewings:
To book a viewing, please contact Shepherd Commercial Property Auctions to arrange.
Auction Method:
This auction is for property located in Scotland; therefore, any sale will be governed by applicable Scottish law.
This property is being sold by Shepherd Commercial Property Auctions, facilitated by SDL Property Auctions as auctioneer.
The auction for this property will take place as an "Auction Event" behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely- the bidding registration process is detailed below. The auction can be watched in real-time on the auction date through SDL Property Auctions website on their home page.
The auction date applicable for the property is displayed under the property details section of this page. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to the Shepherd Buyers Terms (Scotland) which are available to view  on Shepherd Commercial website.

Auction Type - Unconditional Sale
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the legal pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyers Fee- payable on exchange of contracts. This is listed within the property details.
The Buyers Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the legal pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the sellers discretion and will be in addition to any standard fees payable. The auctioneer has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed via SDL Property Auctions website by searching for the property. Once on the property details page, find the Lot Information section, where there is a sub-heading "Legal pack". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents. 
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Articles of Roup
The Articles of Roup are the general terms of sale for properties sold at auction in Scotland that will govern this transaction.
The Auction Conditions listed on the auctioneers website do not apply to properties sold under any of the Scottish sale methods.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of the standard Shepherd Buyers Terms (Scotland). The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the SDL Property Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective bidders must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.