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

Smiddyhill Road, Fraserburgh, Fraserburgh, Aberdeenshire, AB43 9WL

Offers In Excess Of £650,000Freehold

8

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Investment opportunity
8 en-suite letting rooms
50 Cover Restaurant
Large public bar
Fully licenced
Function suite
Secure parking
Excellent reviews

Description

Occupying a prominent position on the outskirts of Fraserburgh Findlay’s is ideally positioned for passing trade and serving the local community. It is well known locally, has a great reputation, and is very well supported by the local community and visitors to the area.

The sale of Findlay’s is a great opportunity for someone either seeking a solid investment or looking to acquire a business with great potential that could be run as owner occupier once the lease expires.

This is a rare opportunity to purchase a bar and restaurant with 8 letting rooms on the outskirts of Fraserburgh. Findlay’s is currently leased with approximately 2 years remaining and is being sold as an investment opportunity. The trading business may be available by separate negotiation. It would be an ideal acquisition for someone looking to enter the hospitality industry on a staged basis. Early viewing is highly recommended to appreciate the potential that this sale represents.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,420 /mo.25 Years, 5% Interest
Loan
ÂŁ585,000
Total Repay
ÂŁ1,025,956

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ21,000
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 3.23%

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