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 5EU

Offers In Excess Of £395,000Freehold

523

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Excellent location on main A96
Substantial site
MOT & Garage
Forecourt
2 Residential Properties
Excellent reputation and repeat business.
Great opportunity to expand
Very profitable
Freehold
Offers over £395,000

Description

CCL are delighted to offer to the market the opportunity to purchase a well-established and profitable garage located in a prominent position within the popular town of Keith on the main A96 road linking Aberdeen and Inverness. Mutch Motors offers a range of services including MOT’s, repairs and servicing and is a long-established family firm. It also sells a variety of used vehicles. The garage has a good reputation within the area and operates from a workshop adjacent to former petrol forecourt. The property provides an excellent investment opportunity for someone already operating within the motor industry looking for a new venture or a landlord looking to acquire a freehold property and obtain a new tenant. In addition to the main garage and workshop there are 2 residential properties.

Trading Figures
Trading figures will only be released after a formal viewing has taken place.

Price
Offers Over £395,000 are sought for the freehold of the property, fixtures, fittings, and goodwill. Stock in trade will be additional at valuation.

Tenure
The property is held on the Scottish equivalent of Freehold.

Services
The property has mains water, drainage, electricity.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£2,078 /mo.25 Years, 5% Interest
Loan
£355,500
Total Repay
£623,465

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£8,250
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 2.09%

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