Page 5 - Shepherd Commercial Auctions - Catalogue 16/04/2026

Lot 1
Laggan, Spean Bridge, PH34 4EA
Residential and Leisure Investment Opportunity
Features
• Heritable ground rent investment, 3 houses, 1 chalet, restaurant/leisure building
• Spectacular Highland landscape located on Loch Oich at the Great Glen Water Park
• Extensive landholding, circa 12 acres providing development potential
• Chalet rent reviews annually by RPI after Year 5
• Total current gross rents reserved, circa £106,000 per annum, plus maintenance
charges and holiday rental income potential from the cottages
• High Yielding investment
Description
The subjects comprise a heritable ground rent investment over 30 chalets, all held on 60
year licence/pitch agreements from around 2019, with annual RPI-linked reviews after
year 5. In addition, the property includes three houses comprising Struan Cottage, a
detached villa, Oich View and Glen View, a pair of semi-detached bungalows, together
with a single A-frame 2 bedroom chalet and a detached restaurant/leisure building. The
current income is understood to be in the region of £106,000 per annum, exclusive of
service costs. See Legal Pack.
Location
Great Glen Water Park is situated at Laggan, near Spean Bridge, within the Great Glen
in the Scottish Highlands. The property occupies an attractive rural setting with easy
access to the A82, one of the main trunk roads through the Highlands, providing access
north towards Inverness and south towards Fort William and Glasgow. The surrounding
area is well known for its outstanding natural beauty and strong appeal as a tourist
destination, attracting visitors throughout the year.
Laggan is a small Highland village lying to the north east of Spean Bridge and to the
south west of Loch Ness, within an area noted for tourism, outdoor pursuits and passing
trade. Spean Bridge provides a range of day to day amenities, with Fort William, located
further south, offering a wider range of retail, leisure and professional services. The
property is well placed to serve both the local market and the wider visitor economy,
benefiting from its position within a popular touring route through the Highlands.
Planning
There is a lapsed Planning Permission (ref. 20/00755/FUL) for the erection of 10 holiday
lodges at Great Glen Water Park which provides development potential. There is also
space to develop chalets within the grounds at Loch Oich & Loch View, subject to
Planning.
Energy Performance Rating To be confirmed.
*Guide Price £999,000 (plus fees if applicable)
Note
The property offers a significant refurbishment, development and asset
management opportunity.
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT(2% plus VAT) subject
to a minimum of £2,400 inc VAT(£2,000 plus VAT).
* Please see Buyer’s Terms for definition of guide price
and auction fees
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