House For Sale £350,000
Anvil Cottage is a charming property which is currently trading as a popular restaurant/tearoom - with owners' accommodation - in a spectacular coastal location within the village of Pirnmill enjoying views across Kilbrannan Sound and Kintyre. Accommodation comprises open plan ground floor with ladies and gents toilets, kitchen, appended stores and partially covered rear courtyard with parking. On the upper floor the owner's accommodation comprises of three bedrooms, living room and bathroom - conversion back to residential accommodation will be sought prior to sale if desired, and the relatively straightforward creation of an open plan ground floor living space and four bedrooms on the first floor would be at the discretion of the new owners.
OTHER INFORMATION
The current owners operate a seasonal restaurant business, based on local produce and have built up a loyal return business both with visitors and locals. Their turnover has been kept slightly below the VAT threshold and the restaurant is currently unlicensed however there is excellent potential to significantly increase the turnover and develop a business further. The Lighthouse has become one of the "must visit" places on Arran for many summer visitors, many of whom return several times during their holiday.
Anvil Cottage is currently commercially rated as 'The Lighthouse' and the current owner is eligible for the Small Business Bonus Scheme which allows 100% relief on business rates as the total RV of business properties in Scotland is under £10,000. The owner's apartment is in council tax band 'B' paying £896.00 in 2023/2024 excluding water and waste water charges. A change of use to convert to residential is underway and will be complete at time of exchange.
OTHER INFORMATION
The current owners operate a seasonal restaurant business, based on local produce and have built up a loyal return business both with visitors and locals. Their turnover has been kept slightly below the VAT threshold and the restaurant is currently unlicensed however there is excellent potential to significantly increase the turnover and develop a business further. The Lighthouse has become one of the "must visit" places on Arran for many summer visitors, many of whom return several times during their holiday.
Anvil Cottage is currently commercially rated as 'The Lighthouse' and the current owner is eligible for the Small Business Bonus Scheme which allows 100% relief on business rates as the total RV of business properties in Scotland is under £10,000. The owner's apartment is in council tax band 'B' paying £896.00 in 2023/2024 excluding water and waste water charges. A change of use to convert to residential is underway and will be complete at time of exchange.
