The Red Star Inn in the village of Kirkton of Skene, Westhill holds significant untapped potential. Occupying a prime trading location with scarce competition, the property includes owners' accommodation. This presents an exciting opportunity for new owners to revitalize and transform the establishment into a highly profitable venture. To leverage this potential, aspiring proprietors may consider to use the commercial kitchen and establish a new restaurant. PriceOvers over ?295,000 are sought for this heritable property, fixtures, fittings and goodwill of the business. Stock in trade will be additional at valuation.InventoryAn inventory will be compiled to detail all items of a personal nature excluded from the sale.Trading FiguresAs the business was previously leased there is minimal financial information available.TenureThis property is held on the Scottish equivalent of freehold.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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