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Commercial property for sale

£50,000 Offers over

67-69 East High Street, Forfar, Angus, Scotland DD8

6
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Property features

  • Tenure: Freehold

Property description

Leasehold sale - CCL is delighted to bring to market The Chapelbank Hotel and Bistro, a small boutique hotel situated in a prime trading location in the heart of Forfar, a thriving market town in the centre of Angus. The business offers modern accommodation in a beautiful Victorian House, with four beautifully styled and luxurious en-suite letting rooms. The popular Bistro is a thriving success and renowned for outstanding food. This leasehold sale represents an ideal opportunity to purchase a highly regarded business presented in true walk in fashion.



Service Areas
As expected with a hotel the style and size of the Chapelbank, there are extensive service areas including a well-equipped large kitchen with ample surface and preparation areas. There is ample storage, cellars and work areas throughout.

Services
The property has mains gas, water, drainage and electricity.

Tenure
The property is held on the Scottish equivalent of Leasehold.

Trading Figures
The business has a good mix of income from wet, food and accommodation sales. The business trades very profitably and full trading information will be provided after formal viewing has taken place.

Summary
The sale of the Chapelbank House Hotel offers a fantastic opportunity to purchase the leasehold of a high quality boutique hotel that is currently trading extremely well. Viewing is highly recommended to truly appreciate the size of the hotel and the exceptional value that it offers.

Price
Offers in the region of £50,000 are sought for the leasehold of the property, fixtures, fittings and goodwill of the hotel. Stock in trade will be additional at valuation. Owner finance may be available and part exchange options may be considered.

Rent
£32,000 pa

Lease Terms
The subjects are offered on standard lease on flexible terms for a minimum 20 year period with a 10 year break clause.


Property info

Floorplan(s): Floorplan 1

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What Zoopla users think of Forfar

Overall rating:

  • currently 3.5 stars
Good - 67% (20 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
Schools & public services
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  • 1
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 5

Nearby transport

  • Monifieth (11.7 miles)
  • Barry Links (11.8 miles)
  • Balmossie (11.9 miles)
  • Aberdeen Airport (46.5 miles)
  • Edinburgh Airport (51.5 miles)
  • Inverness Airport (75.9 miles)
  • Lochleven Castle Ferry Landing (36.3 miles)
  • Kinross Ferry Landing (36.7 miles)
  • Inchcolm Island Ferry Landing (45.4 miles)

Nearby schools

View all schools in Angus
  • Carmyllie Primary School (7.7 miles)
  • Tealing Primary School (8.2 miles)
  • Monikie Primary School (8.4 miles)
  • Brechin High School (10.3 miles)
  • Braeview Academy (10.6 miles)
  • Baldragon Academy (11.3 miles)
  • Kingspark School (11.5 miles)
  • High School of Dundee (13.0 miles)
  • St Leonards School (21.5 miles)
Note: Distances are straight line measurements

Local info for Angus

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For more information about this property, please contact
CCL Property, IV30 on +44 1343 337003 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CCL Property, and do not constitute property particulars. Please contact CCL Property for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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