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

Barns Street, Ayr, KA7 1XB

£850,000Freehold

13133

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Partially refurbished hotel opportunity
Potential for 13 Letting Room
Restaurant & Bar
Impressive period building
Central location
Large private garden

Description

The Berkeley Hotel in Ayr presents a significant investment opportunity in the hospitality industry, boasting a strategic location near the town center which enhances its visibility and accessibility for both leisure and business travelers. The property features extensive grounds with a large, enclosed garden suitable for hosting events for up to 100 people, and has undergone partial refurbishments. There is potential for further development, including expanding to 13 letting rooms, and adding a sizable bar, dining area, and a private function suite. Additional amenities include a substantial car park, laundry facilities, storage areas, and a restorable private garden. These attributes position The Berkeley Hotel as an attractive project for investors aiming to rejuvenate and leverage its past success to establish a premier hospitality venue in Ayr. Viewing essential to appreciate the opportunity this sales represents.

Rateable Value
Rateable Value of the property is £21,000 per annum according to the Scottish Assessors website.

Trading Information
It is not being sold as a going concern and no trading information is available.

Tenure
Scottish equivalent of freehold

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£4,472 /mo.25 Years, 5% Interest
Loan
£765,000
Total Repay
£1,341,634

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£31,000
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 3.65%

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