The Horse Shoe Inn , , Kilmichael Glassary, Logilphead, PA31 8QA
not specified / Leisure / Hotel
For Sale
- £375,000.00
Available - Last updated: 21 August 2025
Key Features
Outstanding small Inn in an excellent central trading position in the village of Kilmichael Glassary
Comprises 4 comfortable letting bedrooms, restaurant and bar
Strong income levels and solid profitability
Self-catering apartment and owners accommodation
Fantastic opportunity to own this attractive business and take it to the next level
Highlight
Outstanding small Inn in an excellent central trading position in the village of Kilmichael Glassary. Comprises 4 comfortable letting bedrooms, restaurant and bar
Description
The Horse Shoe Inn is a successful licensed Inn in an excellent trading location, in the centre of the bustling Highland village of Kilmichael Glassary, in the heart of Argyll and Bute. This striking building was built in the year 1798 and is of a traditional construction, painted stone walls with a slate roof. Over the years the building has been sympathetically adjusted and extended to the rear, into the well configured building we see today. The business enjoys income across all three traditional revenue streams of beverage sales, catering and accommodation provision with no over dependence on any.
The exceptionally spacious bar, together a with a covered external seating area attracts a tremendous level of support from locals, tourists and business clientele alike. The restaurant and bars benefit from a delightful traditional backdrop coupled with stylish, high quality décor. The Inn offers an excellent range of draft beers, spirits, wines and minerals which are complemented by a comprehensive and popular bar menu for diners. The high-quality food and beverage operation combined with welcoming staff and the smart, well equipped, modern facilities give the bar a deservedly superb reputation - 5 stars on TripAdvisor where it is rated number 1 restaurant in the local area.
The public areas are all freshly decorated and cleverly considered to create a different ambience in each space, offering attractive and flexible alternatives for guests. Contemporary lighting, smart new floor finishings and stylish furnishings combine to create a fresh modern setting in which to enjoy a relaxed drink or sample the delights of the great food offered. Meals are freshly prepared using locally sourced produce where possible.
The business benefits from an exceptional one bedroom self-catering apartment with separate entrance and secure garden as well as a 1-2 bedroom owners’ accommodation. Both areas are also finished to an extremely high standard.
Trade
The business operates 5 evenings per week providing wet and food sales in the evening. The trading hours are the lifestyle choice of the owners and offers the scope to extend the opening hours should the new owners desire. Currently the owners are not letting out the delightfully finished letting bedrooms (although they have done so in previous year). This is again a lifestyle choice and presents another opportunity to new owners to expand the business without incurring any significant additional costs.
Location
The Inn is located in the village of Kilmichael Glassary a village in the Knapdale area. Knapdale is an extremely scenic area of Scotland and is set within the historic Kilmartin Glen. This traditional Inn is 1.4 miles from the Iron Age hill fort of Dunadd, 4.3 miles from Temple Wood Stone Circles and less than 5 miles from the Nationally Significant Kilmartin Museum. Knapdale is renowned for the various bronze and iron age sites located throughout the area. The area also has a number of historic buildings; the 11th Century Castle Sween, Kilmory Knap Chapel, Keills Chapel, Arichonan Clearance Village and Carnasserie Castle.
Route 78, part of the National Cycle Network, runs from Campbeltown to Inverness and passes close to the Inn, where the route takes to the Crinan canal towpath.
Knapdale is also rich with attractions including dramatic scenery over the coast and mountains as well as Oban’s famous distillery. Oban is one of the most popular tourist destinations within the West Coast of Scotland hosting up to 25,000 people during the tourist season and boasting a magnificent sandy beach known as 'Ganavan sands'. There are regular ferry trips from the town centre harbour to the surrounding islands including Mull and Iona. To the south, ferries run from Kennacraig to Islay and Colonsay. Due to the shelter the Inner Hebridean island provide, this area of the west coast is very popular with yachts owners as the sailing is also amongst the best in Scotland. The Inn is located towards the northern edge of the Loch Sween Marine Protected Areas.
Visitors can see a wide range of wildlife, such as beavers, red squirrels, ravens, pine martens, beavers, ospreys, and otters, along with a wide range of plant, lichen, and bryophyte species which thrive in Argyll's Atlantic Rainforest, a uniquely rare and endangered environment. Another local nationally important reserve is the Moine Mhor National Nature Reserve, it is a bog showpiece covering over 500 ha.
Within the town of Lochgilphead is well served having a community hospital with a GP practice, swimming pool, petrol stations, bank, various shops, restaurants, secondary and primary education within the town and a golf course. The town is also on the Scottish City Link route, connecting the town with the central belt and beyond.Accommodation
The Property
The Horse Shoe Inn is a detached property of traditional construction. Stone built under a slate roof; the subjects are arranged over two levels. To the rear of the property there is a large barn, which is currently used as storage. To the side of the barn is a good sized private rear garden. The building has lapsed planning for 2 cottages, offering the opportunity to reapply for development although new owners should satisfy themselves that this can be successfully reapplied for. There is also the potential opportunity to fit this area out to compliment the operation of the Inn.
Owners Accommodation
The owners currently use the flat above the main kitchens as their accommodation. It has been recently decorated and fitted out, bringing it to market in an excellent condition. The accommodation comprises a lounge / dining / kitchen with open fire set in an attractive feature period stone wall, master bedroom, box room (which is currently being used a as child’s bedroom) and a shower room. The rooms have lovely proportions and plenty of space. This part of the property could be used as self-catering accommodation if that was desirable.
Terms
Rates / Council Tax
The business rates for Horse Shoe Inn is £18,118 (April 2023), split as £16,600 non-residential apportionment and £1,518 residential, ref No. 01/03/A41700/0495. The business should benefit for relief under the Scottish Government Small Business Bonus Scheme, for eligible applicants.
Finance and Legal Services
ASG Commercial Ltd is in touch with a variety of different lenders who can provide specialist finance. We will be delighted to discuss your financing requirements with you and make an appropriate introduction where appropriate. We also have many contacts in the legal profession who can assist in all legal matters arising.
Specification
Mains electricity, water supply and drainage. The property has oil central heating and utilities LPG for cooking. Wi-Fi is available throughout.
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
The Horse Shoe Inn |
For Sale Freehold
|
£375,000.00
| NA |
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