Elgin Branch

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

Edinburgh Branch

Third floor,
3 Hill Street, New Town
Edinburgh
EH2 3JP
t: 0131 605 1969
e: info@cclproperty.com

Glasgow Branch

Technology House
9 Newton Place, Glasgow
G3 7PR
t: 0141 459 0969
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Oban




t: 0163 125 0969
e: info@cclproperty.com

Northern Fish Restaurant, 231 High Street, Elgin, Moray, IV30 1DJ

£150,000

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Long-established Fish & Chip Restaurant
Excellent trading location
40-cover restaurant area
Fully equipped
Freehold
Great potential

Description

The Northern Fish Restaurant, a much-loved local institution, served the Elgin community for over 60 years before closing due to the owner’s retirement. Ideally located on Elgin High Street, the property benefits from a prime city centre position, close to a large residential area, schools, Elgin Retail Park, and numerous businesses. The restaurant previously operated as a traditional Fish & Chip shop and takeaway, earning an enviable reputation for quality and service. The premises feature a 40-cover restaurant area with fixed booths, a fully equipped kitchen and servery, and a spacious storeroom and preparation area. All essential equipment—including gas range, oil filter, potato peelers, chipper, fridges, and freezers—is included in the sale. There is also private access via a rear alley and dedicated vehicle access through an adjacent public car park. The property is held on the Scottish equivalent of a freehold, with offers over £175,000 invited, inclusive of fixtures, fittings, and goodwill. Elgin is a vibrant town with excellent amenities, strong transport links, and a steady influx of tourists, making this an outstanding opportunity for new owners to revive and build upon the legacy of the Northern Fish Restaurant. Historic trading figures are available upon formal viewing.

Situation

The Northern Fish Restaurant is situated in a prime trading location on the High Street in the city centre of Elgin. It is just a short walk from Elgin’s main high street and all local amenities, including doctors, dentists, sporting facilities, the post office, and schools, many of which are in close proximity to the property. Elgin itself is a lively and charming town with a population of around 24,000 people. The centre offers a variety of shops to suit all needs. For those seeking further education, Elgin is also home to Moray College UHI, which provides a range of courses for approximately 10,000 students. Elgin attracts a high level of tourists year-round, drawn by its local distilleries, castles, and world-class golf courses. Transport links are excellent, with both a bus station and train station providing easy access to Inverness and Aberdeen. The larger cities of Inverness and Aberdeen are within easy driving distance—38 miles and 64 miles respectively—both of which have airports with regular daily scheduled flights.

Business

The Northern Fish Restaurant proudly served the community for over 60 years, with the most recent proprietor managing the business for over 20 years before retiring. Ideally situated in a large residential area and close to a secondary school, Elgin Retail Park, and numerous businesses, the restaurant enjoyed a prime location.

Operating as a traditional Fish & Chip shop and takeaway, the Northern Fish Restaurant earned an enviable reputation for quality and service. Prior to closing, it was open daily from 9:00 am to 10:00 pm, except on Tuesdays and Wednesdays when it remained closed. The business was efficiently managed by the owner, supported by three part-time staff, with two people working at any given time.

The sale of the business includes all equipment necessary for operation, such as a gas range, oil filter, potato peelers, chipper, fridges, freezers, and microwaves. Before closing, weekly sales averaged around ÂŁ2,500.

The Northern Fish Restaurant is now closed following the owner’s retirement, marking the end of a long-standing and much-loved local business. However, it is ideally placed for new owners to take forward into the next chapter of the Northern Fish Restaurant.

The Property

Access to the premises is from the main street through a glazed door, leading directly into the former takeaway area. Running along the side of the building was the cooking and servery section, where customers were greeted and orders prepared.

To the rear of the property, the restaurant area was furnished with several fixed booths, providing comfortable seating for up to 40 diners. A popular retro jukebox added to the atmosphere (please note, the jukebox is not included in the sale).

At the back of the property, a large storeroom and preparation area housed essential equipment such as the potato peeler, chipper, fridges, and freezers. A side door opens onto a private, enclosed alleyway, which also provides access to the maisonette located above the shop.

External

The Northern Fish Restaurant occupies a prominent position at the western edge of Elgin High Street. There is access via a private alley to the rear of the restaurant. Entrance to the rear is via a locked gate from the High Street. There is private vehicle access via the adjacent public car park.

Services

The property has mains gas, electricity, water, and drainage.

Tenure

The property is held on the Scottish equivalent of a freehold.

Trading Figures

Historic trading information will be provided after a formal viewing has taken place.

Legal Costs

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

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ750 /mo.25 Years, 4.5% Interest
Loan
ÂŁ135,000
Total Repay
ÂŁ225,112

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ0
0% up to ÂŁ150,000
Your effective LBTT is 0%

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