High Street, Elgin, Moray, IV30 1BD
£175,000
Restaurant
Key Information
Tenure:Freehold
Council tax band:Not available
Key Features
130-Cover Restaurant
Excellent Investment Opportunity
Annual Rent £33,800
Rolling Lease
City Centre Location
Offers Over £175,000
Description
A wonderful opportunity has arisen to purchase the freehold of a first-floor commercial premises currently operating as a 130-cover restaurant. The property occupies a prime location on the town’s High Street while the interior benefits from vibrant décor, creating a pleasant and relaxing ambiance.
Price
Offers Over £175,000 are sought for the freehold.
Services
The property has mains water, drainage, gas, and electricity.
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Property Calculators
Mortgage
Estimated Monthly Mortgage Payment:
£921 /mo.25 Years, 5% Interest
Loan
£157,500
Total Repay
£276,219
Commercial Land & Buildings Transaction Tax (LBTT)
You’ll have to pay the LBTT of:
£250
0% up to £150,000
1% between £150,000 and £250,000
Your effective LBTT is 0.14%
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