For Sale By Auction | 14:00, 27 March 2025

Mormond Inn, 2 Water Street, Strichen, Fraserburgh, Aberdeenshire AB43 6ST

*Guide | £145,000 (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/03/2025

Auction Time

14:00

Auction Venue

Radisson RED, 25 Tunnel Street • G3 8HL

Hospitality business opportunity

New to auction is this fantastic hospitality business opportunity in the Aberdeenshire village of Strichen, just eight miles from Fraserburgh. The Mormond Inn is a traditional “drovers’ inn”, dating back to the late 1700s, and enjoys prime location for passing trade on one of Scotland’s Great Trails, the Fortmartine and Buchan Way. The property extends to approximately 363 sq. metres (3,907 sq. ft) over basement, ground and upper levels and comprises bar/restaurant, lounge bar and kitchen, and also offers owner’s flat on the ground floor, with an additional four bedrooms on the upper level which were formerly used as letting rooms. Externally there is an elevated decking area with seating area and a large beer garden alongside the River Ugie. The attractive location, and the potential to revive the letting side of the business alongside the bar/restaurant, allied with the competitive Guide Price, is sure to attract interest from those keen to establish a fantastic new business. Early viewing is essential. Council Tax Band: C.

Tenure

Freehold

Area

The village of Strichen is located approximately eight miles south of Fraserburgh, Aberdeenshire. A range of local retail and leisure options are within the village, with greater choice in Fraserburgh and other surrounding towns. Strichen is renowned for the annual Strichen Festival, and the surrounding area is a magnet for outdoor enthusiasts with a variety of pursuits within the area.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.