High Street, Elgin, IV30
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High street retail property for sale
Key features
- Investment Opportunity
- Excellent town centre location
- Strong long standing covenant
- 4 years remaining
- Annual rent £14,750
Description
This ground floor retail unit, located at 165 High Street, Elgin, offers a prime trading position in the heart of the city centre. Currently leased to the British Heart Foundation until December 2028, this property presents an excellent investment opportunity with a stable annual rent of £14,750. The current tenant has been in place for 30 years.
Key Features:
- Prominent high street location with high visibility and foot traffic
- Approximately 47 sq m retail area with large windows and double glass door
- 26 sq m storeroom, staff room/kitchenette, and WC
- Rear access to side alley
- Part of a charming terraced period property
Location Highlights:
- Short walk to Elgin's town centre and local amenities
- Proximity to doctors, dentists, sporting facilities, post office, and schools
- Vibrant town with a population of 24,000
- Home to Moray College UHI, serving 10,000 students
- Popular tourist destination known for distilleries, castles, and golf courses
Transport Links:
- Bus and train stations nearby
- Easy access to Inverness (38 miles) and Aberdeen (64 miles)
- Convenient connections to airports with regular flights
This versatile retail space is suitable for various businesses seeking a prominent position in Elgin's bustling city centre. With its prime location and strong tenant covenant, this property offers both a stable income stream and potential for capital appreciation.
Rateable Value
Rateable Value of the property is £13,250.
Tenure
Scottish equivalent of freehold
Brochures
High Street, Elgin, IV30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Elgin Station0.5 miles
Notes
Disclaimer - Property reference 28021633. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CCL Property, Elgin. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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