Property for sale in Silver Dollar, Invergordon, Ross-Shire IV18

Guide price £225,000
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Property for sale

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Fantastic commercial business opportunity
  • Highly competitive Guide Price
  • Two public bars with residential above
  • Variety of reformat/redevelopment options
  • Strong local and tourist demand

Property description

Commercial Business Opportunity
New to auction is this fantastic commercial business opportunity, enjoying prime location in central Invergordon. The Silver Dollar/Commercial Bar has been trading for more than 40 years in the town, and established a positive reputation with locals and tourists alike. Due to retirement the premises are no longer trading, but definitely offer an exciting opportunity for a new owner to breathe new life into this beloved business.
The Silver Dollar, being the Lounge Bar, was the more recently trading of the two, and is accessed from Ross Street, and offers a large and flexible space and could easily be returned to a trading unit. The Commercial Bar is the original part of the building (with the addition of Silver Dollar to the rear in the 1980’s), and a cosmetic upgrade was in progress when the owner decided to cease trading. Part of this upgrade was to install steel beams (evident in the basement level) to allow the floor level to be dropped to facilitate wheelchair access. A basement level below the bar area houses the cellar, drink and general storage, beer chillers and two ice machines.
The upper levels offer a variety of residential /letting potential. Directly above the Lounge Bar is a suite of seven bedrooms, kitchen and shared shower facilities. This section was previously used as a contractor Bed and Breakfast unit, and this option could readily be revived, or a change of use considered subject to any required consents.
The first floor offers a spacious three bedroom flat, most appropriate as owner/landlord accommodation, but could also be utilised as a short term or holiday rental. Two of the bedrooms are en-suite, and additional accommodation includes lounge, kitchen and bathroom with separate shower.
The second floor hosts a smaller two bedroom flat, and also offers lounge, kitchen and bathroom. As with the first floor flat, this would be ideal for rental, or staff/owner accommodation.
The business has a licence under the Licencing Scotland Act 2005, reference number hc/csr/0742, and a copy of the operating plan is available to interested parties on request.
Overall, the entire property could offer multiple reformat/repurpose options, again subject to any required consents.
The competitive Guide Price, previous local goodwill, and a strong tourist presence brought about by more than 100 cruise ships berthed in the port every year, is sure to attract strong levels of interest. This is one not to be missed.

Invergordon, in Easter Ross, Highlands, is rich with history and culture. The town’s harbour, established in 1828, later became a pivotal naval base during the World Wars. In recent times, Invergordon now welcomes large cruise liners, connecting the town to global travel networks and allowing visitors to embark on tours of the northern Highlands. The Invergordon whisky distillery is one of the few that produces a "single grain" malt whisky. The area boasts many natural attractions in and around Invergordon. The bottlenose dolphins are a most popular attraction, as are the seals that bask on the shores of the Firth. The local waters are also home to a large number of migrating wildfowl and waders. Much of the marine life can be readily observed from the numerous sandy beaches along the coast line.


Purchasers notes


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