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St Ronan's Terrace,, Innerleithen, Scottish Borders, EH44 6RB

£725,000Freehold

782

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

0.9 acres site
7 Letting Rooms
Business Available by Negotiation
Excellent Reputation & Repeat Business
Immaculate Condition
STLL : SB00199F
Stunning Views
Visit Scotland 4 Star Guest House

Description

Glede Knowe Guest House is an immaculately presented, modern, detached guest house that is currently operating as a warm and welcoming 4-star bed and breakfast, situated in an elevated position in the charming town of Innerleithen in the Scottish Borders. With 7 letting rooms (5 en-suite), the business is easily managed and generates healthy profits. While it currently runs from March to October as a lifestyle choice, it could be operated year-round, presenting a wonderful opportunity to acquire an excellent business in a beautiful location.

Situated on a generous 0.9-acre plot in a highly desirable location, Glede Knowe is an expansive detached dwelling offering panoramic views over the town. Currently operating as a successful guest house, this flexible property would also make a wonderful family home, with ample space for remote working. The main living areas are strategically positioned to the rear, taking full advantage of the views over the garden and the beautiful backdrop of the surrounding hills and countryside. An integral double garage and ample parking for multiple vehicles further enhance the property's appeal. Located in the characterful town of Innerleithen, Glede Knowe offers easy access to a range of independent shops, restaurants, and cafes, as well as a variety of world-class outdoor pursuits. This unique property presents an exceptional opportunity for those seeking a versatile, view-oriented residence in a highly desirable location.


Trading Figures
Full trading information will be made available after a formal viewing has taken place.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, available to all parties wishing to offer.

Services
The property benefits from mains water, drainage, and electricity, along with gas central heating.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,814 /mo.25 Years, 5% Interest
Loan
ÂŁ652,500
Total Repay
ÂŁ1,144,335

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ24,750
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 3.41%

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