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Barmore Farm Steading, Barmore, Tarbert, Argyll and Bute, PA29 6YJ

£950,000

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

6 self-catering properties
Truly excellent lifestyle opportunity
Planning permission for 5 dwelling houses
Great potential for further development
Excellent reviews

Description

Resurrected from a ruinous state in the 1980s Barmore Steading is a truly wonderful piece of Victorian architecture which, it is believed, was designed by the eminent architect, Sir William Playfair, who was responsible for some of the most prestigious buildings in Scotland, including much of Edinburgh’s New Town. Barmore Steading is in the most beautiful of surroundings at the top end of Glenralloch which leads from West Loch Tarbert to the famous Loch Fyne. Barmore consists of 6 self-catering properties and over 10 acres of land. There is currently planning permission for the erection of 5 dwelling houses on the land; however, the land would be suitable to take great advantage of the location and the boom in tourism by creating, among other ideas, a chalet, glamping or camping site. Barmore Steading has been in operation for many years, firstly as a restaurant and bar and latterly as a holiday let business. The sale of Barmore Steading is a truly unique opportunity to acquire a wonderful lifestyle business with great potential on the West Coast of Scotland.
This business / property is offered on the Scottish equivalent of Freehold.
The property has mains water and electricity. Drainage to sceptic tank.
An inventory will be compiled to detail all items of a personal nature excluded from the sale and the items that are subject to separate negotiation, this will be available to all parties wishing to offer.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ4,752 /mo.25 Years, 4.5% Interest
Loan
ÂŁ855,000
Total Repay
ÂŁ1,425,710

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ36,000
0% up to ÂŁ150,000
1% from ÂŁ150,000 to ÂŁ250,000
5% from ÂŁ250,000 to ÂŁ950,000
Your effective LBTT is 3.79%

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