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

Cross, Isle of Lewis, Western Isles, HS2 0SN

£300,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Spacious owners accommodation
5 ensuite letting rooms
Restaurant – 45 covers
Popular bar
Outdoor beer garden
Large plots suitable for expansion
Prominent position on Hebridean Way
Excellent reviews and reputation
Freehold
Suitable conversion to residential use

Description

The Cross Inn offers an exciting opportunity to own and run an already established business on one of Scotland’s most popular Islands.

Subject to planning this property is suitable for conversion to residential use or self catering apartments.

A rare opportunity has arisen to purchase a truly unique and inviting 5 ensuite room Inn in Cross on the Isle of Lewis in the Outer Hebrides that benefits greatly from its position on the Hebridean Way walking and cycling route. The Inn has been tastefully upgraded and refurbished by the current owners and is offered in true walk-in fashion. This is an easily run business that has a very popular bar and restaurant which also benefits from some excellent reviews. There is a great opportunity to expand the business and increase revenues. Viewing is highly recommended to appreciate what the sale of the Cross Inn and what a lifestyle business could offer new owners in a truly stunning part of the world.


Offers in the Region of £350,000 are sought for this heritable property, fixtures, fittings, and goodwill.


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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,578 /mo.25 Years, 5% Interest
Loan
£270,000
Total Repay
£473,518

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£3,500
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 1.17%

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