Park Road, Elgin, Moray, IV30 8PJ
- PROPERTY TYPE
House
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Former successful village shop with exciting redevelopment potential
- Partly demolished with substantial existing structure and foundations remaining
- Opportunity to rebuild, reconfigure or create a new development
- Potential for residential development, subject to necessary consents
- Established site with historic commercial use
- Excellent opportunity for developers, investors and entrepreneurs
- Central Lhanbryde location, close to Elgin and the wider Moray property market
- Bid now! To avoid missing out
Description
This property has been taken back to the solid bones of the existing structure, providing a fantastic starting point for an ambitious buyer. Whether you choose to utilise the existing foundations and remaining structure and rebuild in place, or remove the current structure entirely and create your own vision from the ground up, the possibilities are exciting- subject to the necessary planning and consents.
Previously operating successfully for a number of years as a shop, the property offers the opportunity to bring a former local business premises back to life, restoring it to its former use or transforming it into something entirely different to meet modern needs.
The site may also offer potential for residential development. The existing structure, foundations and historic use of the site provide an interesting starting point from which a purchaser can explore future redevelopment possibilities. All proposals would, however, be subject to the necessary planning and statutory consents and the auctioneer can offer no guarantees regarding future development.
With its village location close to Elgin, existing structure and flexible redevelopment potential, this could appeal to investors, developers, entrepreneurs or buyers looking for a project with scope to add significant value.
The wider Elgin and Moray area represents an established property market with continuing demand for housing. The location therefore adds another dimension for purchasers wishing to investigate residential redevelopment or the creation of a future income-producing asset, subject to planning and all necessary consents.
With private rents across the wider Moray rental market having increased in recent years, the property presents an interesting opportunity for an investor or developer to explore its potential for residential redevelopment and future rental use.
Key Highlights
Former successful village shop
Partly demolished with existing solid walls and ceiling beams remaining
Existing structure and foundations provide a head start for redevelopment
Potential to rebuild, reconfigure or create an entirely new development
Potential residential development opportunity, subject to planning
Excellent project for developers, investors or entrepreneurs
Located in Lhanbryde, Moray, within easy reach of Elgin
A property with a history, a strong starting point and the opportunity for an entirely new future.
This lot is offered without planning permission and all future development is subject to the necessary planning and statutory consents. Braveheart Auctions can offer no advice or guarantees regarding planning.
This lot will be sold under auction terms and conditions by Braveheart Auctions.
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- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Park Road, Elgin, Moray, IV30 8PJ
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Visit our security centre to find out moreDisclaimer - Property reference 761FH. 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 Braveheart Auctions Limited, Edinburgh. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Braveheart Auctions Limited, Edinburgh on 0131 381 5170.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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