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Carters Rest, 8 Upper Milovaig, Isle of Skye, IV55 8WY

£750,000

552

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Stunning Guest House
3 Letting Rooms & Self Contained Apartment
Dramatic Sea View Location
Private Owners Accommodation
Excellent Reviews & Reputation

Description

Carter's Rest Guesthouse is a prestigious 5-star accommodation nestled in the charming village of Glendale on the Isle of Skye, Scotland. This exceptional property, situated in Upper Milovaig, offers breathtaking views over Loch Pooltiel and the Little Minch, with the Isle of Harris providing a stunning backdrop. Located approximately 16 km from Dunvegan Castle and 44.6 km from Portree, the guesthouse strikes a perfect balance between tranquil seclusion and accessibility to local amenities. Upon entering the property, guests are welcomed by a spacious hall leading to a large, inviting living area featuring a wood-burning stove and an adjoining sun room, ideal for savouring the panoramic vistas in privacy. The heart of the property is a contemporary, well-equipped kitchen with a utility area and rear access. The ground floor also houses a self-contained apartment, accessible from both the main hall and a private entrance, comprising a large bathroom, living area with kitchenette, and a spacious double bedroom. The upper floor boasts three generously sized en-suite double bedrooms, each uniquely decorated to ensure a luxurious stay. A two-storey annex at the rear, currently used as owner's accommodation, offers additional flexibility with a living area, potential for kitchen installation, and a double bedroom with en-suite bathroom above. The property also features ample storage throughout and a large, well-equipped laundry room on the ground floor. Carter's Rest Guesthouse operates year-round, offering room rates starting from £160 per night. The business has garnered excellent reviews, boasting a 9.9 rating on Booking.com. Guests can enjoy a fully licensed lounge and a unique outdoor sauna with a glass wall, providing dramatic sea views for ultimate relaxation. The guesthouse serves hearty morning meals and offers evening meals by arrangement. The property's external features include a mature enclosed garden with diverse plants, shrubs, and a well-maintained lawn. Ample parking is available via a gravel driveway, and a solid shed serves as a workshop and additional storage. The outdoor sauna, designed in the style of a cabin with a glass wall, is undoubtedly the standout feature, offering guests an immersive experience in the picturesque Scottish landscape. With its prime location and superior offerings, Carter's Rest Guesthouse presents an exceptional opportunity for those seeking a turnkey hospitality business or a stunning private residence in one of Scotland's most sought-after locations. The Isle of Skye's robust tourism market, attracting over 650,000 visitors annually and generating £260 million for the local economy, further enhances the property's investment potential.

Carter's Rest Guesthouse is a charming 5-star accommodation located in the picturesque village of Glendale on the Isle of Skye, Scotland. Situated in Upper Milovaig, this guesthouse offers stunning views overlooking Loch Pooltiel and the Little Minch, with the Isle of Harris as a backdrop. The property is approximately 16 km from Dunvegan Castle and 44.6 km from Portree, the largest town on Skye. While the guesthouse enjoys a tranquil rural setting, it's within driving distance of essential amenities. The nearest town, Dunvegan, is about 20-30 minutes away and offers a few restaurants and a small market. For more extensive shopping and services, Portree provides a wider range of options, including banks, churches, cafes, restaurants, a cinema, and a swimming pool. Education-wise, there's a Gaelic primary school in Sleat, and Portree High School serves as the main secondary education facility for the area. The guesthouse's remote location offers excellent opportunities for outdoor activities such as hiking, with popular attractions like Neist Point Lighthouse within walking distance. While the property's rural setting means some amenities are a drive away, it provides a perfect base for those seeking a peaceful retreat amidst Skye's breathtaking scenery.
Property
This exceptional accommodation boasts flexible living spaces that can be configured to suit various needs. Upon entering through the main front door, guests are greeted by a spacious hall leading to a large, inviting living area on the right. This room features a wood-burning stove and an adjoining sun room, perfect for enjoying the panoramic vistas of the bay and surrounding cliffs in seclusion[
The property's heart is a contemporary, well-equipped kitchen with a utility area and rear access. The ground floor also houses a self-contained apartment, accessible from both the main hall and a private entrance, comprising a large bathroom, living area with kitchenette, and a spacious double bedroom.
Upstairs, three generously sized en-suite double bedrooms await, each uniquely decorated to provide a luxurious stay. The property's versatility extends to a two-story annex at the rear, currently used as owner's accommodation. This space includes a living area with potential for kitchen installation on the ground floor, and a double bedroom with en-suite bathroom above.
Additional features include ample storage throughout, a large, well-equipped laundry room on the ground floor, and the potential for various configurations to suit new owners' preferences. With its prime location and superior amenities, Carters Rest Guesthouse presents an exceptional opportunity for those seeking a turnkey hospitality business or a stunning private residence in one of Scotland's most sought-after locations.
Business
Carters Rest Guesthouse is a thriving 5-star accommodation located in the picturesque village of Glendale on the Isle of Skye. This year-round operationis run by the business owners offers a luxurious stay with room rates starting from £160 per night. The guesthouse features four beautifully appointed rooms, including three en-suite double bedrooms and a self-contained apartment, all boasting stunning views over Loch Pooltiel and the Little Minch.

The business has garnered excellent reviews, with a 9.9 rating on Booking.com, reflecting its exceptional service and amenities. Guests can enjoy a fully licensed lounge with a wood-burning fireplace, perfect for relaxing with a glass of wine in the evening. A unique feature is the outdoor sauna with a glass wall, offering dramatic sea views for ultimate relaxation.
Carters Rest operates as a traditional bed and breakfast, serving hearty morning meals, and also offers evening meals by arrangement, catering to guests' preferences. The on-site laundry facility ensures efficient operations and guest comfort.
The Isle of Skye's tourism market is robust, attracting over 650,000 visitors annually and generating £260 million for the local economy. Despite challenges such as infrastructure limitations and seasonal staff shortages, tourism remains a vital sector, employing about a quarter of the island's 13,000 residents. With its prime location and superior offerings, Carters Rest Guesthouse is well-positioned to capitalize on Skye's growing tourism industry, making it an attractive investment opportunity in one of Scotland's most sought-after destinations.
External
Carters Rest boasts a mature enclosed garden featuring a diverse array of plants, shrubs, and a well-maintained lawn. The property offers ample parking with a gravel driveway. Residents can enjoy stunning views of the rural Isle of Skye landscape, dramatic sea vistas, and impressive cliff scenery. A solid shed serves as a workshop and additional storage for fridges and freezers. The property's standout feature is a stunning sauna, designed in the style of an outdoor cabin, complete with a glass wall that provides breathtaking views of the surrounding natural beauty. This outdoor space combines practicality with the opportunity to immerse oneself in the picturesque Scottish environment.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£3,752 /mo.25 Years, 4.5% Interest
Loan
£675,000
Total Repay
£1,125,561

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£26,000
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 3.47%

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