Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

Edinburgh Branch

Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
e: info@cclproperty.com

30 Low Street, Banff, Banffshire, Aberdeenshire, AB45 1AY

£370,000Freehold

1192

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

B Listed Georgian Property
Prime Trading Location
9 Letting Rooms
2 Bed Owner’s Accommodation (plus further 2 attic rooms)
Secondary Glazing Throughout
Large Gardens to Front and Rear of Property
Private Car Park at Rear (for up to 8 vehicles)
Patio and Drying Area to Rear of Property
Previously a Licenced Hotel

Description

CCL is delighted to bring to market Carmelite House, a lovely guest house situated in a prime trading location in the heart of Banff, a thriving market town in the northeast of Aberdeenshire. The business offers comfortable accommodation with 9 individually styled letting rooms (7 En-Suite, 2 with shared facilities). Previously run as a successful hotel, this sale represents an ideal opportunity to purchase a long-established business.   


Carmelite House enjoys a prime trading location in the centre of Banff and benefits from its prominent trading location, yet it is only a short walk to the seafront, golf course, woodland walks and the River Deveron. Situated just off the main through road, the A98, a major coastal road in the northeast of Scotland, the property is well serviced with excellent road and public transport networks and offers easy access for Aberdeen, Peterhead, and Inverness.   


The town offers a wide range of services and amenities including shopping, business, and leisure facilities, together with primary and secondary schooling and health care facilities. National retailers exist alongside specialist shops and there is a library, museum, sports centre, swimming pool and championship golf course.   


Banff is the perfect base for exploring the surrounding area of Aberdeenshire with its outstanding scenery, host of historical, cultural, outdoor and leisure pursuits. On offer are rolling countryside, idyllic beaches, rugged glens, championship golf courses, salmon and sea trout fishing, Whisky Trails, seaside towns, market burghs and turreted castles. The area boasts the most extensive and diverse tourist trade.  The hospitality industry remains a high value and sustainable sector in Banff with the northeast being a popular destination. Demand for short, weekend and long stay break accommodation is high and Carmelite House is ideally situated to take full advantage and meet these requirements.

Further Information
Full trading information will be provided after formal viewing has taken place.

An inventory will be compiled to detail all items of a personal nature excluded from the sale.

The property has mains gas, water, drainage, and electricity and high speed broadband.

The property is held on the Scottish equivalent of Freehold.

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,947 /mo.25 Years, 5% Interest
Loan
ÂŁ333,000
Total Repay
ÂŁ584,005

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ7,000
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 1.89%

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