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Shepherd brings to market The Coylet Inn, Loch Eck, by Dunoon for sale

26/04/2024

Property News

Shepherd Chartered Surveyors is bringing to market The Coylet Inn, Loch Eck, by Dunoon for sale.

Benefiting from a prominent roadside location, fronting on to the A815 on the eastern shoreline of Loch Eck, to the north of the Cowal Peninsula within the Argyll Forest Park, The Coylet Inn offers stunning views out over Loch Eck and is located nine miles north of Dunoon.

The location attracts a high level of tourism and day trippers and there are several holiday chalet and caravan parks nearby.

Lot 1 comprises the long-established licensed hotel, contained within a building dating back to the mid-17th century and providing a bar and restaurant, fitted to provide accommodation in keeping with the traditional appearance of the hotel and to a very high standard.

There are also four en-suite letting bedrooms and a fifth letting room with private bathroom and a variety of ancillary areas throughout the property, including external seating areas and car parking.

The hotel currently provides a timber holiday lodge within the grounds, with the potential to add further lodges in the future, subject to planning. A small jetty and fishing rights on the loch form part of the title.

The hotel is said to be haunted by the blue boy, the restless spirit of a young boy who met a tragic fate in the loch many centuries ago and whose ghost is seen forlornly walking the corridors of The Inn.

Lot 2 comprises a modern detached dwelling house providing a lounge/sitting room, kitchen and five bedrooms, three of which are en-suite.

The house benefits from an external balcony at upper floor level and a hot tub. It holds a letting licence from the local council, allowing it to be used as additional letting accommodation.

The total site area under title extends to 11 acres.

Gary Louttit, Head of Hospitality & Leisure at Shepherd, said: “This is a rare opportunity to purchase an iconic hotel, a 17th century former coaching inn offering stunning views out over Loch Eck. As such, we anticipate keen interest in this well-established business.

“Given the availability of the subject property in separate lots or as a whole, we envisage buyers to include established hotel operators and also lifestyle purchasers.”

Offers in excess of £650,000 are invited for the hotel and offers in excess of £600,000 are invited for the house and land. Single offers for lots 1 and 2 will also be considered. Interested parties should contact the sole selling agent on 0141 331 2807.

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