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

Ardmory Road, Rothesay, Isle of Bute, Argyll and Bute, PA20 0PG

Offers In Excess Of £595,000Freehold

993

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

8 letting rooms 7 of which are en-suite
Large dining kitchen
Spectacular views
Separate owner’s apartment
Lifestyle business
Large 1 acre plot
Mature gardens
Outdoor organic plunge pool
Period property

Description

This is an exceptional opportunity to acquire a long-established lifestyle business on a thriving Scottish Island full of independent operators. The business can be taken in a number of different directions by new owners who could concentrate on either self-catering business, bed and breakfast or enjoy living in the house and offering a few of the en-suite bedrooms on an Airbnb basis. Early viewing is highly recommended to appreciate the opportunity that is available.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

Rates
Currently the business side of the property is exempt from rates (Small Business Bonus Scheme operated by Argyll and Bute Council). The owner’s accommodation is Band E.

Tenure
The property is Freehold.

Trading Figures
Full trading figures will be made accessible after a formal viewing has taken place.

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£3,130 /mo.25 Years, 5% Interest
Loan
£535,500
Total Repay
£939,144

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£18,250
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 3.07%

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