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Batchen Street, Elgin, Moray, IV30

Leasehold
£35,000

Business rates & charges may apply

ASG Commercial, Inverness
SIZE

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SECTOR

High street retail property for sale

USE CLASSUse class orders: B1 Business

B1

Key features

  • Exceptional period retail unit
  • Opportunity to purchase profitable male grooming and lifestyle shop
  • Prime attractive trading location in Elgin
  • Excellent sales and storage areas extending to around 36m²
  • Benefits from shop and online sales

Description

DESCRIPTION
Sirology is an extremely attractive business proposition, located in a substantial period property set over three floors. This well-appointed shop unit extends to around 36m² with the sales area of an excellent standard. Turnover levels now exceed pre-COVID levels. Ideally located on the North East 250 route, the shop has a great position in a popular street generally attracts a steady level of passing trade. The business enjoys a stable footfall all year round, with peaks at Christmas and over the tourist period. The existing lease has around 2 years to run; however, the landlords for the building have indicated that they could be open to extending the lease.

REASON FOR SALE
The current owner has owned the business for 8 years. The vendor is now ready to move on to new challenges leading to this extremely attractive retail business coming to the market.

TRADE
Sirology is a very well-maintained business and is ideally equipped with shelving, general display units, numerous storage cabinets, wall displays and a till system. All ideally configured to run a successful male grooming and lifestyle shop. The business provides face care, hair products and a comprehensive range of quality branded accessory and gift items. There is scope to develop all aspects of the business, including increasing the online presence. The whole of the property has been well maintained over the years resulting in a fresh and well-lit environment for customers.

OPENING HOURS
The shop is open 6 days a week, trading Monday to Saturday, 09:30 - 16:30.

LOCATION
The subjects are situated in an attractive retail street within the town centre close to Elgin High School. The local planning plan gives the opportunity for more houses to be built locally. Elgin town centre contains a great mix of mainly ground floor retail with residential or commercial usage on the upper floors. A broad range of high street shops, small retailers, cafés, restaurants and leisure facilities are on offer in the town, none of which directly compete with Sirology. Much has been done in recent years to regenerate the town, the High Street is extremely attractive, retaining many of its original buildings and cobbled streets. Elgin town centre is also the main recipient of the £100 million Moray Growth Deal, bringing large investment and opportunity to the town centre.

Elgin is a lively and charming market town and is the administrative and commercial capital of Moray with a population of around 21,000. It is situated approximately 36 miles east of Inverness and 64 miles west of Aberdeen with good transport links via the A96 trunk route and rail links to Inverness and Aberdeen and their respective airports. Elgin is also home to Moray College UHI which provides a range of courses for around 10,000 students.

Sedate outdoor pursuits such as bird watching and fishing also draw a great many visitors to the area who take advantage of the abundance of wildlife in the region. Moray is also famous for its castles and distilleries which appeals to many tourists who can continue their journey through both the Highland and Grampian regions.

THE PROPERTY
The attractive building is of traditional stone construction with pitched slate roof. The front of the property has an entrance accessed directly from the pavement into the ground floor trading level. To the side of the ½ glass door is a picture window, providing fantastic window dressing opportunities. Above the door and window there is a full width sign advertising the business. Around the door and windows, the building is beautifully presented having been painted dark grey with dark grey polished stone apron. All windows and doors have security grilles / drop down roller shutter.

The property is arranged as follows:
Ground Floor Sales - approximately 19.4m²
Basement Storage - 14.8m²
First Floor Toilet / Storage - 1.8m² (Over shop limited height storage not included)

GROUNDS
The business is set within an impressive period property enjoying prominent roadside frontage. There are no external grounds associated with this unit.

SERVICES
The property benefits from mains electricity, internet, water supply and drainage. The shop unit is electrically heated and is equipped with a portable on-line CCTV system.

Brochures

Batchen Street, Elgin, Moray, IV30

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elgin Station0.4 miles

About ASG Commercial, Inverness

17 Kenneth Street Inverness IV3 5NR

SG Commercial is widely regarded as the market leader in the Highlands of Scotland for Commercial Estate Agency. Our passion for maintaining the highest standards of quality and integrity in our day-to-day activities, plus our reputation for determined professionalism in all that we do, enables us to build up a relationship based on trust with our clients and to gain the respect of allied professions within our industry.

As a fully established Commercial Estate Agency we bring together traditional values of personal service whilst drawing on our expertise in E-commerce to utilise modern technologies to maximise our effectiveness in the sale or lease of your property. Our team draws on over 60 years working within the hospitality and retail business sectors either operating businesses or in the marketing and selling of commercial properties.

We are experienced in business transfers covering a wide spectrum of business types. We offer specialist sales and business advice focusing on the hospitality and retail sectors but are equally capable of selling any business within our geographical area of operation. Having developed many business relationships within the finance sector, accountancy, surveying and legal services, we are able to bring a broad range of advice and services directly to you whatever your requirements might be; we are truely a one-stop agency.

As the leading Commercial Estate Agent within the Highlands, we have an enviable track record in concluding business transfers. Our highly qualified team is here to help you sell or buy a business. Our aim is to provide a premier service to our clients with the maximum of support and the minimum of stress.

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Disclaimer - Property reference Sirology. 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 ASG Commercial, Inverness. 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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