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Licensed Premises For Sale , Central Bar 25 -27, Boyndie Street, Banff, AB45 1DY

283 Sq Mt / Leisure / Hotel

For Sale - £155,000.00

Available - Last updated: 24 September 2024

The property comprises a licensed premises with associated proprietors accommodation, garage and garden ground. The original sections of the building front Boyndie Street and have been constructed over two-storey height from rendered solid stonework under a pitched roof clad with slate. Additional accommodation is included within a variety of extensions which have been added to the rear (west) of the main building. These extensions would appear to have been constructed from rendered cavity concrete blockwork.

The roof sections over are of flat design finished in fibre glass. A two-storey section features a mansard style roof with slated profiles. Internally, the ground floor of the property accommodates the lounge bar that includes a ladies, gents and staff toilet off. The bar features perimeter upholstered seating and a darts and pool area. A cellar and spirits store are located off the bar together with ancillary residential accommodation which comprises two rooms and a small shower room. The property has mains water, drainage and three phase power installed. Partial electric heating is installed. The proprietor's accommodation is located within the upper floors and include a dining kitchen, living room, a bathroom, shower room and three double bedrooms.
( Agency Pilot Software ref: 52764 )

Location

The subjects are located in Banff, a seaside town in Aberdeenshire lying approximately 45 miles north west of Aberdeen. Located on the Moray coast between Fraserburgh and Elgin, the town enjoys an attractive setting and includes a range of local amenities and visitor attractions including 18-hole golf courses and the Marine Aquarium in the nearby town of MacDuff. The property itself lies on the corner of Boyndie Street and Kingswell Lane, which is situated to the west of the High Street, the main commercial thoroughfare in Banff.

Accommodation

round Floor Bar 135.48 sq m (1,459 sq ft )

Residential 40.03sq m( 431sq ft )

First Floor Residential 107.15sq m ( 1,153sq ft )

Total 282.66 sq m(3,043sq ft )

Terms

PRICE Offers over £155,00

RATING The premises are currently entered into the Valuation Roll with a Rateable Value of £5,000. The Rate Poundage for 20245/25 is 49.8p in the £. Any incoming occupier will have the right to appeal this value. An incoming occupier may benefit from 100% rates relief under the Small Business Bonus Scheme.

ENERGY PERFORMANCE CERTIFICATE (EPC) An EPC can be provided upon request.

V.A.T The property is not elected for VAT, therefore this is not payable on the purchase price.

ENTRY Immediate, upon the completion of legal formalities.

LEGAL COSTS Each party will bear their own legal costs incurred in this transaction. The purchaser will be responsible for any Land and Building Transaction Tax (LBTT) and registration dues, as appropriate

Specification

  • Well located bar with proprietors accommodation
  • Suitable for redevelopment to a range of uses, subject to planning

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £155,000.00 NA

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Euan Rolland

Graham + Sibbald

01224 516 309

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