This property presents a unique development opportunity nestled along the picturesque banks of Loch Awe, an area renowned for its striking natural beauty and vibrant local wildlife. Torran Bay offers an appealing blend of tranquility and investment potential, making it an attractive option for those looking to capitalize on the region’s growing tourism sector.
The existing hostel, constructed in 2009, features sixteen en-suite bedrooms and is positioned to take full advantage of the scenic vistas over Loch Awe. This establishment is part of a broader diversification plan for the site, which includes secured planning permission for additional amenities such as a shop/bar and restaurant—ideal for enhancing guest experiences while generating supplementary income.
The overall property is divided into four distinct components:
- **Lot 1** comprises the hostel with approximately 38.23 acres of immediate land.
- **Lot 2** offers development land spanning around 17.98 acres with existing planning consent.
- **Lot 3** features a potential development plot that covers roughly 12.06 acres, subject to planning approval.
- **Lot 4** includes lochside land and planting across approximately 58.40 acres.
Each lot can be purchased individually or combined according to preference, providing flexibility for various investment strategies.
Torran Bay’s location is particularly advantageous; it provides stunning views over Loch Awe, famous for its beautiful sunsets and numerous outdoor activities such as sailing, fishing, and hill walking. The nearby town of Lochgilphead offers essential amenities like a health center, supermarket, and secondary school. For more extensive retail and leisure options, Oban is just a short drive away at 43 miles.
As Loch Awe serves as a gateway to several Hebridean islands—including Jura, Islay, Colonsay, and Gigha—it opens up further opportunities for outdoor sports enthusiasts and those interested in exploring rich cultural histories.
This property not only serves as a serene retreat but also stands as a promising investment opportunity within a sought-after tourist destination.
