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

STATION HOTEL, BURGHEAD, ELGIN, Moray, Highland, IV30 5UD

£250,000Freehold

9

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Substantial Property
Amazing location on the Moray Firth Coast
Development Opportunity
5 Letting Bedrooms
Spacious Dining Room
4 Bedroom Owners Accommodation
Outstanding Views across Moray Firth and Local Beaches
Vacant possession

Description

The Station Hotel in Burghead is a substantial property that is suitable for a variety of purposes. It has previously been run as a very successful and highly profitable small coastal hotel. In total it has 5 letting rooms, public bar and restaurant and owners' accommodation. The Station Hotel also has a considerable outside area that benefits greatly from some amazing coastal views.

Services
The property has mains water, drainage and electricity.

Summary
The sale of the station Hotel offers a rare opportunity to purchase a substantial property in a charming coastal village. New owners could re-establish a thriving and bustling business that could cater to for tourism and the local community.

Alternatively the site could be developed for different uses such as self catering apartments, Air B'n'B or serviced accommodation. It would also be suitable for residential development.

Price
Offers in the region of £250,000 are sought for the heritable property, fixtures and fittings of the hotel.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,315 /mo.25 Years, 5% Interest
Loan
£225,000
Total Repay
£394,598

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£1,000
0% up to £150,000
1% between £150,000 and £250,000
Your effective LBTT is 0.40%

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