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    Lucano’s, 31 Victoria Street, Kirkwall, Orkney KW15 1DN

    Offers Over £250,000

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    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,188 /mo.25 Years, 4% Interest
    Loan
    £225,000
    Total Repay
    £356,290

    Commercial Land & Buildings Transaction Tax (LBTT)

    You’ll have to pay the LBTT of:
    £1,000
    0% up to £150,000
    1% from £150,000 to £250,000
    Your effective LBTT is 0.4%

    If you would like to discuss your mortgage options or get some practical advice, please use the link below to make an enquiry.

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    Watergate
    Kirkwall
    Orkney
    KW15 1PD

    T: 01856 876377
    E: info@kallanproperties.co.uk

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    Lucano’s, 31 Victoria Street, Kirkwall, Orkney KW15 1DN

    Offers Over £250,000

    Key Information

    Tenure:Not available
    Council tax band:Not available

    Key Features

    THRIVING BUSINESS OPPORTUNITY
    VIEWING IS HIGHLY RECOMENDED
    GREAT LOCAL REPUTATION
    TOURISM HOT SPOT WITH HEAVY FOOT FALL TRADE
    TOWN CENTRE POSITIONING
    OPTION TO LEASE WITH A VIEW TO BUYING THE BUSINESS
    CONTACT K ALLAN PROPERTIES FOR MORE INFORMATION

    Description

    Nestled in the heart of Kirkwall, 31 Victoria Street presents a rare opportunity to own a thriving Italian restaurant, although you could use the space however you wish (subject to the correct permissions).

    This substantial property, brought to the market by K Allan Properties, boasts a prime location alongside the iconic St Magnus Cathedral, making it a hotspot for locals and tourists alike.

    With a spacious interior that can comfortably seat 55-60 dining guests, this restaurant provides the perfect setting for culinary experiences and social gatherings. The fully equipped catering kitchen ensures that every dish is prepared to perfection, catering to the discerning tastes of patrons.

    Don't miss out on the chance to own a piece of Kirkwall's vibrant culinary scene. Embrace the opportunity to own a restaurant in a prime location, where history meets modernity, and where the aroma of delicious Italian cuisine fills the air.

    BUYER OPTIONS
    The seller is open to discussions around options with regards to purchasing the business and properties. Please discuss this with Karen at K Allan Properties.

    LOCATION
    Orkney is positioned at the North of Scotland and has a thriving tourism economy, recognised as a desirable place to live and raise a family.

    Fully equipped kitchen

    - Bar area
    - Coffee machine
    - Walk in fridge and freezer
    - Walk-in dry stores
    - Customer and staff toilets
    - Office and staff toilet on the first floor
    - Presently open from 7.30 am - 9pm
    - Adjoining 1stb and 2nd floor development opportunity
    - Full alcohol and take away licence

    RATEABLE VALUE - £15,250

    BEST ESTATE AGENT GUIDE
    When you choose to work with us, you are officially working with one of the UK's Best Estate Agents. We received this award in 2023 for sales and are delighted to have been invited back to London for our award in November for 2024.

    The very best agents are listed in The Best Estate Agent Guide – a website for sellers to help them choose who the best agents are in their area.

    If you want to achieve the best results for your property sale, combined with receiving the best customer service, we would love to help.

    VIEWINGS
    By appointment only, arranged through K Allan Properties.
    Call 01856 876377 or email info@kallanproperties.co.uk

    OFFERS TO
    K Allan Properties
    Watergate
    Kirkwall
    KW15 1PD
    info@kallanproperties.co.uk

    DISCLAIMER
    Whilst we endeavour to make these particulars accurate, they do not offer/form any part of a contract on offer and are not guaranteed.
    Measurements are approximate. We have not tested electricity, gas or water services or any appliances.
    Photographs may have been taken with a wide angle lens.