Latest news with #TomStewart-Moore
NDTV
27-06-2025
- Business
- NDTV
You Can Buy An Entire Scottish Island For 7.5 Million Dollars. It Comes With A Castle In Ruins
Shuna Island, which is located just off the west coast of Scotland goes for sale for the first time in 80 years. This is according to listings from estate agents Knight Frank and Sotheby's International Realty. What's more, it is being sold for a sum of 5.5 million poundswhich amounts to 7.5 million US dollars. Tom Stewart-Moore, partner Knight Frank Edinburgh office, told CNN that a number of Scottish islands are sold every year, but Shuna stands out because of its 1,100 acres size. Tom told CNN on Tuesday, June 24, 2025, "This certainly stands above the rest." And added, "It feels like something of scale." While Scotland has many small private islands that could become the perfect hideaways for the ultra-rich, they are very hard to reach. This is not the case for Shuna Island, which according to Tom who has highlighted the island's relative accessibility; it is only a 30-minute helicopter flight from Glasgow Airport. Tom told CNN, "It is very accessible, that is actually very key," which throws light on its geographic proximity. The island currently houses eight residential properties seven of which are used as holiday homes, along with the ruins of a castle which was built in the early 20th century by its former owner George Buckley, who is a soldier and adventurer from New Zealand. Tom Stewart-Moore asserts that the island is "in an unbelievable position," and "the views really are breathtaking." He added that the ruins could be redeveloped by the new owners into an all new principal residence, depending on the planninh permission. The Shuna Island is home to a mix of native woodland, rough grazing and parkland, as well as boasts of both rocky shorelines and sandy beaches. It is also houses various hills that offer "amazing aspects looking in all directions." Tom Stewart-Moore also identified two main groups of potential buyers: those who view the island as a trophy asser where they cab spend time in privacy, and those who would want to develop its potential for holiday lets, sporting retreats or for ecotourism. He further added, "The opportunities are relatively wide on this one." Shuna Island has been on the market for slae for less than two weeks and has drawn significant interest from optential buyers around the world, according to Tom.
CNN
24-06-2025
- Business
- CNN
Private Scottish island with ruined castle goes on sale for $7.5 million
An entire Scottish island complete with a ruined castle is up for sale for the princely sum of £5.5 million ($7.48 million). Shuna Island, which sits just off the west coast of Scotland, is being sold for the first time in 80 years, according to listings from estate agents Knight Frank and Sotheby's International Realty. Tom Stewart-Moore, a partner at the Knight Frank office in Edinburgh, told CNN that a number of Scottish islands are sold each year, but Shuna stands out for its size at 1,100 acres. 'This certainly stands above the rest,' he said on Tuesday. 'It feels like something of scale.' And while Scotland has a plethora of small private islands that could serve as boltholes for the ultra-wealthy, most are very hard to get to. Not so for Shuna Island, according to Stewart-Moore, who highlighted the island's relative accessibility: it is just a 30-minute helicopter flight from Glasgow Airport. 'It is very accessible, that is actually very key,' said Stewart-Moore. The island is currently home to eight residential properties, seven of which are used as holiday lets, as well as the ruins of a castle built in the early 20th century by former owner George Buckley, a soldier and adventurer from New Zealand. The castle is 'in an unbelievable position,' said Stewart-Moore. 'The views really are breathtaking,' he said, adding that the ruins could be redeveloped by the new owners into a new principal residence, dependent on planning permission. The island is home to a mixture of native woodland, rough grazing and parkland, he added, as well as boasting both rocky shorelines and sandy beaches. It is also home to various hills that offer 'amazing aspects looking in all directions,' he said. As for potential buyers, Stewart-Moore identified two main groups: those who see the island as a 'trophy asset' where they can spend time in complete privacy, and those who would look to develop its potential for holiday lets, ecotourism or sporting retreats. 'The opportunities are relatively wide on this one,' he said. Shuna Island has been on the market for less than two weeks and has already drawn significant interest from potential buyers from around the world, said Stewart-Moore.
