August 23rd 2024.
Tiree, a stunning island in Scotland, is known for its breathtaking white sandy beaches, crystal-clear waters, and pleasant climate. Despite its slow-paced roads, visitors may be taken aback by one of its unique attractions - an 18th-century water wheel. Nestled next to Millhouse Hostel, this water wheel has been a beloved tourist spot since its conversion from an old barn into a charming 16-bed hostel in 2001. However, the current owner, David Naylor, has decided to retire, putting the business on the market for £550,000.
The island's warm waters, thanks to the Gulf Stream, make it a popular destination for surfers. David himself has been riding the Atlantic waves for over 30 years and has a special connection to Millhouse. "It's a special place to me," he shared. "The secluded location, a quarter of a mile from the nearest habitation, along with the serenity of the millpond and waterwheel, give it a sense of peace and history." The waterwheel, which used to grind cereal for the island's entire population, was fed by water from the nearby Loch Bhasapol and sits beside the hostel. While the mill building itself is now in ruins, the water wheel was lovingly restored in 2006 using traditional methods and materials.
The millpond and its surrounding area are teeming with wildlife, making it a haven for nature lovers. Otters, trout, eels, and various bird species, including the elusive corncrake, can often be spotted here. The property also includes a three-bedroom farmhouse that can serve as a residence for the owner/manager or additional guest accommodation for up to ten people, according to sellers DM Hall. "Apart from taking care of our guests, it's also fulfilling to maintain a thriving ecosystem," David shared. "The potential for renewable energy generation is also significant, and living off-grid is a feasible option with the abundance of water, wind, and solar resources on-site."
Tiree, the most westerly island in the Inner Hebrides, is located about 25 miles from Ardnamurchan Peninsula, the mainland's westernmost point. It is easily accessible via regular ferries from the bustling coastal town of Oban or by flights to and from Glasgow Airport. The property boasts a large car park, vast lawns, a vegetable garden, and a picturesque pond that separates the mill from the developed buildings. With the necessary permissions, the mill could be transformed into another business venture or a stunning residence on its own. "Millhouse Hostel is a manageable operation," stated Jennifer Campbell of DM Hall. "It can be rented out as a whole or as traditional hostel accommodation, generating income from day one. The owner's residence, which is move-in ready, offers a fantastic opportunity to live in a beautiful, remote location while being part of a well-established community and managing the business on-site."
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