Forsinard Hotel, Forsinard, Highland, KW13 6YT

FOR SALE VIA ONLINE AUCTION, BIDDING OPENS 10TH NOVEMBER AT 12 NOON AND CLOSES 12TH NOVEMBER AT 12 NOON - Register to Bid!

Location

Forsinard is a remote area in Sutherland and lies within an area of stunning natural beauty. The area enjoys huge popularity with those enjoying outdoor pursuits including fishing, adjacent RSPB Reserve and easy access to the increasingly popular North Coast 500 route. Helmsdale is approximately 25 miles to the south, but John O'Groats and even Orkney are both within reach.

Description

We are delighted to offer to the auction market The Forsinard Hotel situated in stunning surroundings within the heart of the unique Flow Country in central Sutherland. The 13 bedroom hotel, within approximately 2 acres of land, includes owners’ and staff accommodation and enjoys natural beauty on all sides and lies adjacent to the RSPB Forsinard Reserve.

Originally built in 1802 as a hunting lodge, the property was developed over the years and gained a strong reputation with those enjoying the range of outdoor activities on offer, most notably fishermen and visitors to the popular and adjacent RSPB Reserve. Additionally, the Hotel is well located for those exploring the increasingly popular North Coats 500 route with a convenient access point approximately 15 miles to the North.

Recent times have not been so kind, and the property has fallen into disrepair both internally and externally with full programme of works is required to return the property to its former glory. This does, however, offer an exciting opportunity to add massive value to the property and to once again take advantage of the many visitors who continue to enjoy this area of natural beauty.

The competitive Guide Price and huge potential is sure to attract national and international interest. Early expression of interest is strongly recommended to avoid missing out on this fantastic project.

• Exciting development project
• Stunning surroundings
• Strong tourist demand
• Near to North Coast 500 route
• Huge value add potential

Please note - the property is available for external viewings only – no internal viewings are available at this time.

Tenure

See Legal Pack

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements

Please see Legal Pack

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* Guide | £125,000+

13 Bedrooms

Tenure: See Legal Pack

Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

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Bidding Example

The current bid on a lot is £90,000. The reserve price has been set at £100,000 (not disclosed).

Tom wants to bid. The minimum bid amount is £91,000 but Tom decides to place a maximum bid of £97,000. This is below the reserve price, so the system places a bid for Tom at his maximum bid amount and he becomes the highest bidder at £97,000.

Jane logs on to bid. The minimum bid amount is £98,000 but Jane places a maximum bid of £105,000. The system automatically increases Jane's bid to meet the reserve and she is now the highest bidder at £100,000.

Tom is notified that he has been outbid. If no further bids are placed Jane would win the lot for £100,000.

Tom places a bid of £101,000, and Jane’s proxy bid instantaneously outbids him at £102,000 as this is the lowest bid required to make her the highest bidder.

Tom then places a maximum bid of £105,000. The current bid jumps to £105,000 with Jane as the highest bidder as she placed a proxy bid for that amount before Tom did.

Tom then places a bid at £106,000 and wins the lot as there are no other bids and it is above reserve.

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NB: Please note that the way the bidding works may vary slightly from auctioneer to auctioneer. We strongly advise you to read the bidding guide for any auction you plan to bid on.

By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.

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Auction House / Scotland

FOR SALE VIA ONLINE AUCTION, BIDDING OPENS 10TH NOVEMBER AT 12 NOON AND CLOSES 12TH NOVEMBER AT 12 NOON - Register to Bid!

Location

Description

Tenure

Important Notice to Prospective Buyers

Administration Charge

Disbursements

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