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Sannox Hotel Ltd
.Annual Accounts/Report & Balance Sheet
Thanks to the new 2023-2025 financial services laws (here) as they apply to property-clubs, we are delighted to advise the passwords have started to coming OFF of our Unique Property Club pages. This drop-down menu will contain approximately £2,053,838 of cumulative assets across 11 x companies that own each building project.
^^ We Are Renovating & Reopening This ^^ ^^Sannox Hotel Project For the 2025/2026 Period ^^
Each company and project is kept separate so that the shareholders who partake in a specific building renovation project, will know exactly how much they own. This is part of independent Companies House gold-standard of information source (plus the new online version is accessible 24 hours a day from anywhere in the world).
It really helps our group of Unique Property mischief makers know a lot of what is happening on the financial side as well as the regular visual and video updates of seeing what is actually happening with the progress of each project.
A couple of very important company rules to know about for reassurance…
We ban all and any mortgage on all buildings at Unique Property Club.
Why? All buildings are owned by the members’. No banks, nor any mortgage companies, thank you.
Sannox Hotel rescue group own the buildings that consist of the main hotel (as at July 2025 ~ 90% renovated) + newbuild disability cottage (90% completed) and newbuild village shop (65% completed).
The three parts joined together form a viable and sustainable local amenity for the village of Sannox and indeed the north end of Arran where most of the historic shops have been lost to being converted into second-homes (this is not popular amongst those on the island whose children can no longer afford to live on the island).
Each company is dedicated to a building or group of buildings within a (title-split). Members’ favour title-split of title-deeds as experience has shown, since the 1980s, this title-split protocol helps make each subsequent single dwelling more affordable.
A prime example from our title-split experience are lighthouse stations (we are on our 5th station an 28th building in 40 years). With an average of 4 to 6 dwellings per lighthouse station; this has a bad habit of overstretching previous owners. Whereas splitting each dwelling to a single home and garden makes it much more affordable and the owner has finds managing one home renovation much easier. Whereas 4 to 6 dwellings for one person/couple can be a nightmare on many levels.
Sometimes the opposite process works: that of joining several dissonant parts into one simplified set of buildings. This can and does make for economies of scale (if the project management and ownership structure is large and robust enough). The result is often aa revitalised/resuced loca amenity and several jobs saved. Moving on to one of these types of project…
Sannox Hotel + Newbuild + New Village Shop
On this page is ONE of the ELEVEN companies within Unique Property Network. This page is dedicated to our Sannox Hotel projects on the island of Arran...
^^ Sannox Hotel + Newbuild House + New Village Shop ^^
This page contain the ringfenced accounts for Sannox Hotel Ltd., and the “High Street Rescue Initiative” ~ including village shops, where these too are showing evidence of becoming a dying commercial sector. As a result, the communities lose part of their cohesiveness. It need not be the case as we intend to prove with the Sannox Hotel project where we have secured full planning permission to build a new village shop and a lot more. Even what might seem minor additions such as extra parking + disability vehicle access.
^^ Sannox Hotel+ Newbuild House + New Village Shop ^^
No extra parking was sought by the local authority planning department. However we as a group of friends’ with 40 decades rescuing closed-down business, we have always found the addition of parking (especially disability parking and EV point parking) to help ensure the robustness of jobs being returned to the re-opened facility.
Sannox Hotel Project: As At July 2025
81.66% Renovations Completed
^^Full Planning Permission ^^
However, there were/are THREE force majeure events that knocked us from the usual 18 month turnaround pathway to project completion...
1]. The Coronavirus Pandemic.
2]. The 7 years taken to build the new island of Arran ferry MV Glen Sannox to replace ancient vessels.
3]. Our Managing Director being hit on the head by the 5,000 ton ferry, MV Caledonian Isles, causing a stroke and life changing injuries.
The abiding aim from when we started as Unique Property plc in 1999 and one of our bespoke, ringfenced project holding companies Sannox Hotel Ltd., is brought into perspective by an exercise that our book-keeper put together here…
^^ This Is Our Core Results Table As At 2025 ^^
To err on the side of fairness, these numbers are understated.
If we include separate projects once Unique Property Club
members' are ready to go solo, the returns are:
More than 81 renovated buildings and 412 jobs since 1999.
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The Annual Accounts follow here…
2019 to 2023.
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Sannox Bay Hotel Ltd
No Mortgages As It Is Company Policy To Ban All Mortgages. ^^ Sannox Bay Hotel Ltd., Year End: 31st January 2019 ^^
^^ Sannox Bay Hotel Ltd., Year End: 31st January 2019 ^^
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^^ Sannox Bay Hotel Ltd., Year End: 31st December 2019 ^^
^^ Sannox Bay Hotel Ltd., Year End: 31st December 2019 ^^
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^^ Sannox Bay Hotel Ltd., Year End: 31st May 2021 ^^
Nascent Buyer Requested Updated Accounts
^^ Sannox Hotel Ltd., Years Ending: 31st May 2019 ~ 2021 ^^
Nascent Buyer Requested Updated Accounts
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^^ Sannox Hotel Ltd., Years Ending: 31st May 2022 & 2023 ^^
Name Shortened As “Bay” Superfluous.” All In Anticipation of Re-Opening With Promises of The New Ferry.
^^ Sannox Hotel Ltd., Years Ending: 31st May 2022 & 2023 ^^
Name Shortened As “Bay” Superfluous.” All In Anticipation of Re-Opening With Promises of The New Ferry.
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Unique Property Bulletin Ltd., also project manages (but does not own) the other 11 buildings within the Unique Property Club network (as at 31-12-2024).
Full Disclosure: The total of Unique Property Club buildings, cash and assets under control of the directors of Unique Property Bulletin Ltd., but with each project having a different set of shareholders, is approximately…
£2,053,838.
Combined UPC Asset Buildings As At 31st December 2024.
Mortgages are banned on all Unique Property Club buildings.
All buildings are 100% owned by the membership.
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Sannox Hotel Ltd & Unique Property Club
Company Rules
^^ Foundation Rules of Unique Property Club (UPC) ^^
^^ & Sannox Bay Hotel Ltd ^^
It is important to repeat the earlier statement as these numbers form part of our legal obligation under the “Sophisticated Investor” protocol at a gold-standard of deployment and not just as a legal loophole. We must ensure that our new members can and do know the details of what, why, who, when and how Unique Property Club functions. That is our definition of becoming a legal “sophisticated investor.”
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Important Note: There is a delay to the 2024 accounts due to Santander Bank plc., having closed the Sannox Hotel bank account. This is because the account was dormant for over a year due to ferry problems.
The renovation work + taxes + water and electricity bills continued to be paid, though these were paid directly by the company directors’ (from directors’ RBS bank account).
Immediately the Santander Bank plc get their act together (and stop closing branches and accounts) we will upload the latest accounts.
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