Timed Online Auction

07 October 2021, 10am-3pm

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address:  The Cotton Mill Inn, Spinningdale, Ardgay, Sutherland, IV24 3AD

*** UNIQUE AND EXCITING OPPORTUNITY***to purchase a stunning and beautifully positioned property. Would suit builder / investor a project with excellent Capital Growth Potential.

***REDUCED PRICE FOR AUCTION SALE*** Planning passed for development of this former Inn and provides an excellent opportunity to complete this project.

Property consists of: Reception Hall Dining Room 4 Bedrooms and 4 en-suite bathrooms Bar

It has the potential to be extended giving diner/dance capacity of two hundred to three hundred and eighty persons comfortably seated

The property is located near the village of Spinningdale on the edge of Ledmore Forest overlooking the Dornoch Firth with a choice of activities, like walking, bird watching, photography & fishing.

*** UNIQUE AND EXCITING OPPORTUNITY***to purchase a stunning and beautifully positioned property. Would suit builder / investor a project with excellent Capital Growth Potential. The property is currently under development with the owner who ar currently carrying on with the project. Property consists of: Reception Hall Dining Room 4 Bedrooms and 4 en-suite bathrooms Bar The property is a two-storey stone built building dating to late 1760.We have been advised the current owners have put planning through and passed for further development. It has the potential to be extended to giving diner/dance capacity of two hundred to three hundred and eighty persons comfortably seated, and three hundred and sixty people standing. This will enable Cotton Mill Inn to host four times the capacity. The semi submerged nature of the construction will ensure less disruption from noise Current plans for: Letting Rooms 1. Cotton Room is a twin or double room with a real fire and spectacular view to the front of the Inn, over looking the Dornoch firth. The en-suite bathroom is off the entrance vestibule. 2. Bobbin Room is a double room with a spectacular view to the front of the Inn with an en-suite shower room just off the right hand side of the room. 3. Shuttle Room is a large sunny twin or family room with a romantic rural view. The en-suite shower room is to the left hand side of the room. This is the largest bedchamber in the Inn. 4. Spinning Room is cosy double room with en-suite shower room to the left of the entrance. Jackdaw Public Bar gets its name from the locals as the people of Spinningdale are called Jackdaws. The bar offers an informal atmosphere where visitors and locals can enjoy the crack together. The bar offers comfortable fixed seating with open fire along with veranda overlooking the majestic view of the firth and the cotton mill. Dempster’s Assembly Rooms (16 Mt X 6.1 Mt) incorporates the reception and a fine dinning room with an open fire, panelled and mirrored walls, wooden floored atmospheric lighting and the facility for fresh coffee shop. It could be used for dances, quizzes, performances and meetings. Its present capacity is thirty-sixty persons seated and one hundred and twenty standing.

The property is located near the village of Spinngdale on the edge of Ledmore Forest overlooking the Dornoch Firth a choice of relaxing activities, like walking, bird watching, photography & fishing. The closest town is Dornoch with its cathedral and challenging golf links. The Inn sits on a scenic vantage point, watches over a tiny village of some eighty souls, named Spinningdale. The name of the village derive from The Norse Spanzidail meaning the round meadow, translated into the English Spinningdale after the Battle of Culloden. This delightful late eighteenth century Inn situated on the old droving road which ran from the North Highlands to the big city markets of Aberdeen, Perth, Edinburgh, and Glasgow. Located on the edge of Ledmore Forest overlooking the Dornoch Firth and hills and mountains beyond, gives the visitor an infinite choice of relaxing activities, such as walking, bird and wildlife watching, painting, photography and fishing or just sitting around enjoying the scenery.

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Location

Pricing Information & Bidding

Opening Bid: £153,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 07 October 2021, 10am-3pm
Type: Timed Online Auction

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