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, Forres, Moray, IV36 1AE

£1,400,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Licensed Restaurant and Bar
Turnover in Excess of £1.2m
EBITDA in excess £120,000

Description

A rare opportunity has arisen to acquire a very impressive licensed restaurant and bar that operates as a traditional inn in the North of Scotland. The property has been exceptionally well maintained by the current owners and is offered in true walk-in condition. Function suite and self catering accommodation. Excellent Reputation.

Great scope to expand the revenue and income streams.

Turnover in excess of £1.2m

EBITDA in excess £120,000

Full details will be released after an NDA is signed.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£7,366 /mo.25 Years, 5% Interest
Loan
£1,260,000
Total Repay
£2,209,750

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£58,500
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 4.18%

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