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

The Square, Turriff, Aberdeenshire, AB53 4AE

Offers Over £800,000Freehold

1010

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
EBITDA c £80,000
Freehold

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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