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

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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
e: info@cclproperty.com

Oban




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

The Olive Garden, 2 Railway Pier, Oban, Argyll and Bute, PA34 4LW

£85,000

2

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Leasehold
Fully Licensed
Excellent Reputation
Prominent Location
High Annual Turnover
Well-Equipped Commercial Kitchen
Outside Decking Area – Additional 30 Covers
Mediterranean Restaurant
80 Plus Covers
Take Away Licence Granted

Description

CCL Property are delighted to bring to market The Olive Garden, a unique 80 cover licensed Mediterranean Restaurant situated on the railway pier in Oban. The property occupies a prominent trading location a short distance from the ferry terminal, railway station and centre of Oban benefitting greatly from a high volume of passing trade. This is a well-established business that caters to both local trade and the vast number of tourists that visit the ever-popular town of Oban. An early viewing is highly recommended to truly appreciate the quality of facilities that is on offer. This is a leasehold sale of the business.
The Olive Garden is situated in one of the most picturesque locations on the west coast of Scotland. Located on the Railway Pier and in a prominent position a short walk from both the ferry terminals the railways station and town centre where visitors can enjoy stunning sea views over Oban Bay and the islands beyond.
Oban is a small traditional coastal town that boasts an extensive tourist trade and hospitality sector and is a great base to explore the surrounding area and the neighbouring islands of the Inner Hebrides, with stunning scenery, boat trips, walks, wildlife-watching, castles, gardens, and numerous outdoor activities all within easy reach. The town is also an important ferry port, acting as the hub for Caledonian MacBraynes Ferries to many of the islands of the Inner and Outer Hebrides.
The town is located at the western end of the A85 and is extremely well serviced with good road, rail and ferry networks providing links to Glasgow, Edinburgh and Inverness and respective airports.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£425 /mo.25 Years, 4.5% Interest
Loan
£76,500
Total Repay
£127,564

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£0
0% up to £85,000
Your effective LBTT is 0%

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