26th May 2018
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Saxa holiday homes for sale

, by , in News

Some of the holiday homes which make up the Saxa Vord holiday resort in Unst have been put up for sale.

Five of the 23 homes, known as the Nordabrake houses, have gone on the market at a fixed price of £85,000 each.

Owner of the complex Frank Strang said he was trying to free up cash that can then be put back into the holiday complex.

“Since taking over the complex I have not received any public sector support, and it’s very hard to get banking support nowadays, so I am releasing some equity from the houses to put back into the business,” he said.

He said he hoped people would be tempted to buy them as second homes, and keep a regular flow of people turning up at Saxa Vord.

“The disposal of five houses will not affect the viability of the project at all,” he said, adding there had already been expressions of interest in a number of the holiday homes.

Meanwhile a feasibility study has begun into the viability of a community buy out of the complex, which was put on the market in its entirety last year at a price of £2.75 million.

The study, by Unst Partnership, is likely to take two months to complete and the Unst community will be invited to examine its findings.

Mr Strang said while the whole complex was for sale, he hoped to sell off only parts of it to allow him to re-invest in the remaining business.

The complex was developed on the site of the former RAF base, which closed in 2005.