High Street, Elgin, Moray, IV30 1DJ
Offers Over £295,000
Commercial
3 Bedrooms1 Bathroom2 Receptions
Key Information
Tenure:Freehold
Council tax band:Not available
Key Features
Long Established Business
Excellent Trading Location
3 Bed Maisonette
Great Reputation
Well Equipped
40 Cover Restaurant Area
Opportunity to Increase Opening Hours
Freehold
Adjacent Rental Portfolio Available by Negotiation
Description
Located on the High Street in the bustling town of Elgin is the Northern Fish Restaurant, a long established and very popular fish and chip shop that has been in the current owner’s family for almost sixty years. This is a substantial property that has the benefit of excellent owners’ accommodation in the form of a 3 bedroom and 3 reception room maisonette.
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Property Calculators
Mortgage
Estimated Monthly Mortgage Payment:
£1,552 /mo.25 Years, 5% Interest
Loan
£265,500
Total Repay
£465,626
Commercial Land & Buildings Transaction Tax (LBTT)
You’ll have to pay the LBTT of:
£3,250
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 1.10%
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