The Square, Turriff, Aberdeenshire, AB53 4AE
£800,000
Hotel
10 Bedrooms10 Bathrooms
Key Information
Tenure:Freehold
Council tax band:Not available
Key Features
10 Letting Rooms
3 Bed Owners’ Accommodation
70 Cover Bistro
Outside Dining Area
Private Dining Room
Excellent Reviews & Reputation
Ample Parking
Grade C Listed
Freehold
Turnover in Excess of £1,000,000
Description
Located in the heart of the beautiful Aberdeenshire town of Turriff is the Fire Arms Hotel, a former coaching inn that dates back to the 18th century. Owned by the current proprietors since 2008 the hotel has been tastefully upgraded and extended. A 70 cover restaurant / bistro has become a destination dining experience in its own right. With an excellent reputation the Fife Arms would make an ideal acquisition for some one looking to purchase a bustling restaurant with rooms.
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Property Calculators
Mortgage
Estimated Monthly Mortgage Payment:
£4,209 /mo.25 Years, 5% Interest
Loan
£720,000
Total Repay
£1,262,714
Commercial Land & Buildings Transaction Tax (LBTT)
You’ll have to pay the LBTT of:
£28,500
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 3.56%
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