Holiday Park Laggan Services hôteliers 30 chambres 1 172 230 € (39 074 €/Chambre) Spean Bridge PH34 4EA

The subjects comprise a heritable investment generating income from 30 holiday chalets, all held on 60-year pitch/licence agreements entered into between 2019 and 2021. Income is fixed for the first five years and thereafter backdated and subject to annual RPI uplift. The agreements also Provide for a 10% transfer fee on resale and may, by agreement prior to expiry, be extended. Current income is understood to be in the region of £106,000 per annum, exclusive of service costs. The property also includes four cottages with the benefit of short term let (STL) licences, and have potential to generate additional income; a standalone timber-built restaurant/leisure building, and land offering development potential for additional chalets and/or pods. Overall, the property presents a significant asset management, refurbishment and development opportunity across the wider holding.