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

High Street, Elgin, Moray, IV30 1DJ

£865,000Freehold

10107

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Long Established Business
Excellent Trading Location
40 Cover Restaurant Area
3 Bed Owners’ Accommodation
5 Rental Properties Generating £2,165 pcm
Easily Managed Business
Freehold
Investment Opportunity

Description

Located on the High Street in the bustling town of Elgin is the Northern Fish Restaurant, a long established and very popular fish and chip shop that has been in the current owner’s family for nearly sixty years. This is a substantial property that has the benefit of excellent owners’ accommodation in the form of a 3 bedroom and 3 reception room maisonette.

Included in the sale is a portfolio of residential properties that are currently let. These include 2 cottages and 3 maisonettes which generate an income of £2,165 pcm

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£4,551 /mo.25 Years, 5% Interest
Loan
£778,500
Total Repay
£1,365,310

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£31,750
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 3.67%

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