Delny, Highland IV18

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£1,400,000
22 Bedrooms
22 Bathrooms

Reference - 45723

Description
Project Serenity represents the opportunity to acquire The Ranch Chalet Park, a well renowned, profitable freehold self-catering business located in Delny, Invergordon.

The chalet park specialises in self-catering holiday homes and currently has 21 lodges available for holiday lets, offering a range of different sized lodges with different features to choose from.

All the lodges are marketed through the owners’ website and 14 of those are also marketed through Hoseasons as ‘Delny Highland Lodges’, part of Ranch Chalet Park.

Ideally located in the Scottish Highlands, just 26 miles from Inverness near the Cormarty Firth, this is the ideal base for exploring the spectacular Highlands on foot or by car.

The Ranch Chalet Park is now being offered for sale due to the vendors wish to retire from the trade. They leave behind a well-established, profitable business with the opportunity to increase income and profitability.

An overview of the opportunity is as follows:
• Income of £192k for the year ended 31st March 2016 with an adjusted ebitda of £54k
• Excellent forward bookings
• 12 acre site
• Tourist area
• Repeat custom
• Strong bookings from the continent with around 50% of customers from The Netherlands and Belgium
• Fully furnished and equipped
• Superb investment opportunity
• Trades throughout the year
• Access to woodlands and loch Katrina

Situation
History & Ownership
The business was founded in 1977 by the current vendors, the family run business has continued ever since, enjoying healthy profits and customers returning year on year.

The Ranch trades throughout the year and its quality is reflected in the number of repeat visitors they receive. The business offers a 12-acre site with 21 a-frame lodges to choose from.

Located in Delny, Invergordon, near the arterial A9 trunk road, the business is approximately 26 miles north of the
Highlands capital Inverness and is located close to towns of Tain, Alness and Dingwall. The location of the park ensures there are many benefits from its central location, exploring the wider Highland region and taking in its many attractions. Inverness airport is less than one hour’s drive away and has direct links with airports across the UK and Amsterdam.

Inverness, Culloden Battlefield and Loch Ness are all within a short drive of the Park. The Ranch has built up a strong reputation within the local community and further afield.

This is an exciting opportunity to expand the brand and increase profitability.

Building External
Delny Lodges
There are 10 Delny Lodges which are two-bedroom chalets accommodating up to 5 people. Decoration is presented to a good standard with multiple features such as a free wifi, double bedroom, twin room, family shower room and a fold down bed which can be provided if required. The lodge has an open plan lounge, kitchen, dining area and balcony.

Burnside Lodges
There are 5 Burnside Lodges, the two-bedroom chalets (double and twin bedroom) sleep up to 4 guests with a family bathroom with shower. The lodge has an open plan living space with a balcony accessed through patio doors and free wifi.

Highland Ranch Lodges
There are 5 Ranch Lodges, the three-bedroom chalets can cater for up to 7 people comprising of a double bedroom, two twin rooms and the potential of a fold down bed. In addition, there is a family shower room, free wifi, and open plan living space with patio doors leading to an enclosed balcony with timber decking and patio furniture.

Ernies Lodge
This lodge is a large 4-bedroom unit which can sleep up to 9 guests and is configured to a double room, twin room and 2 rooms set with bunk beds. Other features include a shower room, free wifi, central heating and a second WC. The spacious open plan living area leads to a balcony through patio doors.

Old Dutch Bar & Restaurant
The bar and restaurant (The Old Dutch Barn) is a converted barn with a stone and wood construction, providing a rustic venue enriched in character. The focal point is the gas fire with its stone backdrop with pool table providing entertainment for the guests. The bar has a stone structure with a wooden counter top adding to the natural rustic charm. The current kitchen set up manages well with the present flow of food orders, however it does have the potential to expand.

Grounds
Within walking distance the park is located near a loch. Loch Katrina is situated in 6 acres just a 10/15 minute walk through woodland from the lodges. Fishing is available for the keen

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