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Findlays Bar & Restaurant Smiddyhill Road, Fraserburgh, Fraserburgh, Aberdeenshire, AB43 9WL

£650,000

8

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Excellent reviews
Fully licenced
Secure parking
Large public bar
50 Cover Restaurant
8 en-suite letting rooms
Investment opportunity
Function suite

Description

This is a rare opportunity to purchase a bar and restaurant with 8 letting rooms on the outskirts of Fraserburgh. Findlay’s is currently leased with approximately 2 years remaining and is being sold as an investment opportunity. The trading business may be available by separate negotiation. It would be an ideal acquisition for someone looking to enter the hospitality industry on a staged basis. Early viewing is highly recommended to appreciate the potential that this sale represents.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,420 /mo.25 Years, 5% Interest
Loan
ÂŁ585,000
Total Repay
ÂŁ1,025,956

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ21,000
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 3.23%

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