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

Regent Street, Keith, Moray, AB55 5DZ

£350,000Freehold

76

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Prominent Location on A96
7 Letting Rooms (6 En-Suite)
Fully Licensed
30 Cover Restaurant
Commercial Kitchen
Lounge and Public Bar
Beer Garden
Freehold
Development Opportunity

Description

CCL are delighted to bring to market the Fife Arms Hotel, a substantial property in the heart of the Keith 17 miles from Elgin and 48 miles from Aberdeen on the main A96 road. The hotel is offered for a freehold sale and is currently being run by the owner. The Fife Arms has a newly refurbished lounge bar, commercial kitchen and 30 cover restaurant, 7 letting rooms and with the new addition of a large beer garden. There are 2 attic rooms that could be utilised as owners’ accommodation if required. The hotel benefits from a courtyard beer garden and variety of outbuildings. The property has been tastefully upgraded and refurbished over the years and is ready for new owners to commence immediate trading.


The Fife Arms Hotel is located on the corner of Regent Street and Regent Square in the centre of Keith, a charming, Scottish, historic town with authentic narrow streets. With a history of cattle trade and textile heritage, the town of Keith still is a thriving community. The Annual Keith Country Show has been going for over 140 years and is one of the most prominent events in the Scottish agricultural calendar. Bustling Keith has got four distilleries, numerous traditional shops, good restaurants, supermarket, hotels, and schools. Keith is on the A96, main Inverness to Aberdeen route. Both have airports which offer daily flights to both UK and mainland Europe. Keith is a central location for servicing the NE of Scotland being equidistance from both Inverness and Aberdeen with excellent road and rail links to the north and south including Aberdeen, Dyce, Huntly, and Elgin. There are several primary schools and Inverurie Academy provides secondary education. There is an excellent health centre, cottage hospital, several large supermarkets, a swimming pool, and community centre nearby as well as golf, tennis, and hill walking.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,841 /mo.25 Years, 5% Interest
Loan
ÂŁ315,000
Total Repay
ÂŁ552,438

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ6,000
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 1.71%

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