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

Ardmory Road, Rothesay, Isle of Bute, Argyll and Bute, PA20 0PG

Offers In Excess Of £595,000Freehold

993

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

8 letting rooms 7 of which are en-suite
Large 1 acre plot
Large dining kitchen
Lifestyle business
Mature gardens
Outdoor organic plunge pool
Period property
Separate owner’s apartment
Spectacular views

Description

This is an exceptional opportunity to acquire a long-established lifestyle business on a thriving Scottish Island full of independent operators. The business can be taken in a number of different directions by new owners who could concentrate on either self-catering business, bed and breakfast or enjoy living in the house and offering a few of the en-suite bedrooms on an Airbnb basis. Early viewing is highly recommended to appreciate the opportunity that is available.

CCL Property are delighted to bring to market Munro’s, a stunning Victorian villa with 8 letting bedrooms, communal facilities and an owner’s apartment. Munro’s is located on the Isle of Bute, a Scottish island, popular with tourists and is accessible in approximately an hour and a half from Glasgow. Munro’s is a well-established lifestyle business with a healthy annual turnover. An early viewing is highly recommended to truly appreciate the quality of facilities that are on offer.


Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

Rates
Currently the business side of the property is exempt from rates (Small Business Bonus Scheme operated by Argyll and Bute Council). The owner’s accommodation is Band E.

Tenure
The property is Freehold.

Trading Figures
Full trading figures will be made accessible after a formal viewing has taken place.

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,130 /mo.25 Years, 5% Interest
Loan
ÂŁ535,500
Total Repay
ÂŁ939,144

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ18,250
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 3.07%

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