Commercial property for sale
The Old Station, Maisondieu Road, Elgin, Moray, IV30
- SIZE AVAILABLE
12,000 sq ft
1,115 sq m
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Beautiful Listed Former Train Station
- Currently arranged as 19 self-contained office suites
- Net Internal Area of 8,423 sq ft (782.6 sq m)
- Gross Internal Area of over 12,000 sq ft (1,115 sq m)
- Large Car Park for around 60 vehicles
- Current gross income of over £75,000 p.a. from six units
- Highly reversionary with Rental Value in excess of £150,000 p.a. once fully let
- Site Area of approximately 1.3 acres (0.53 hectares)
Description
The Heritable, Multi-Let Business Centre currently produces a gross income of over £75,000 p.a. from six units, including Enterprise Rent-A-Car, on 12-month licence agreements. A further 13 units have recently come available for rental.
The Centre is currently arranged as 19 self-contained office suites arranged over ground and first floors extending to over 8,000 sq ft Net Internal Area and over 12,000 sq ft Gross Internal Area. The building additionally benefits from a large car park offering space for around 60 cars. The site extends to approximately 1.3 acres (0.529 hectares).
The building is strategically located on the south side of Elgin Town Centre at the major junction of the A96 and A941, being the main vehicular route connecting Inverness with Perth and Aberdeen.
Elgin Train Station is three minutes walk away providing frequent, regular services to Inverness and Aberdeen. Nearby occupiers include Lidl and Asda supermarkets, with Springfield Retail Park within half a mile.
Elgin is a historic town and the administrative centre of Moray, set on the River Lossie between Inverness and Aberdeen. Located in the heart of Speyside in north-east Scotland, the town is home to the Glen Moray Distillery and forms a gateway to the world famous Malt Whiskey Trail.
Available by way of Asset Sale or Sale of the share capital of the UK registered SPV
The Old Station, Maisondieu Road, Elgin, Moray, IV30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Elgin Station0.1 miles
Notes
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