Scenery seals the guest house deal | Scottish Licensed Trade News

Scottish Licensed Trade News

Scenery seals the guest house deal

• Caol-Ithe guest house on the Isle of Mull has changed hands in a deal brokered by Bruce & Co.

• Caol-Ithe guest house on the Isle of Mull has changed hands in a deal brokered by Bruce & Co.

Setting and wildlife attracted new owners to island property

THE scenery, beaches, mountains and wildlife of the Isle of Mull are said to have been a key factor in the new owners’ decision to buy a guest house on the west coast island.
Mike Drury and Carol Marshall bought Caol-Ithe guest house near Fionnphort in a deal brokered by property agent Bruce & Co. The property has four letting rooms, a residents’ lounge and dining room, along with a fully-equipped kitchen; there are also two twin-bed self-catering cottages.
The guest house, which has a four-star rating from VisitScotland, is said to benefit from its proximity to two villages on the island which are popular with tourists.
The business, which was sold due to the retirement of previous owner Michel Wagemakers, attracted three viewings and “one impressive offer”, according to the selling agent, before it was sold for an undisclosed sum “near the asking price”.
Bruce & Co said the Isle of Mull’s beautiful scenery, beaches, mountains and wildlife were “key factors in our purchasers’ decision”.
“It was a pleasure to deal with the sale of Caol-Ithe guest house, with all parties communicating well throughout the process,” said Safa Sultan, senior sales negotiator at Bruce & Co.
“Furthermore, on behalf of Bruce & Co, I would like to wish Ms Marshall and Mr Drury good luck with the future of Caol-Ithe guest house and wish Mr Wagemakers all the best in his retirement.”

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