126 High Street IV30 1BW
£68.35 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,390 sq ft
129 sq m
- SECTOR
Office for sale
Key features
- PRIME NEW LISTING. We are excited to present this vacant office unit positioned in a prime location in Elgin.
- Anticipated rent £900-£1000 pcm (£10,800-£12,000 pa), subject to tenancy & due diligence. Rateable value not provided; relief subject to eligibility.
- Based on current market rates, the property could realistically achieve £900-£1000 pcm (£10,800-£12,000 pa), subject to tenancy and due diligence.
- Sure to appeal to shrewd investors and proactive owner-occupiers seeking a prominent High Street position with strong commercial upside.
- Prime Elgin High Street setting with excellent daily footfall and passing trade, extending to around 1,390 sq ft of versatile accommodation.
Description
- PRIME NEW LISTING. We are excited to present this vacant office unit positioned in a prime location in Elgin.
- Anticipated rent £900-£1000 pcm (£10,800-£12,000 pa), subject to tenancy & due diligence. Rateable value not provided; relief subject to eligibility.
- Benefiting from a recent renovation, this property is ready for immediate occupation and it is perfectly suited to investors and business owners alike.
- Sure to appeal to shrewd investors and proactive owner-occupiers seeking a prominent High Street position with strong commercial upside.
- Prime Elgin High Street setting with excellent daily footfall and passing trade, extending to around 1,390 sq ft of versatile accommodation.
PRIME NEW LISTING. We are excited to present this vacant office unit located within a prime location in Elgin.
The property has been recently refurbished throughout, creating a smart, professional space that is ready for immediate occupation or marketing, and it is perfectly suited to investors and business owners alike.
From an investment perspective, the unit is anticipated to achieve in the region of £900-£1000 per month, which equates to £10,800-£12,000 per annum, subject to tenancy and due diligence. As the property is currently vacant, this represents a potential market rental level and offers the buyer the opportunity to target an occupier profile and lease terms that match their strategy.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over the asset.
For rental purposes, the property could realistically achieve a monthly rent of £900-£1000 per month (£10,800-£12,000 per annum), which presents excellent high-yield potential, subject to tenancy and due diligence.
Sure to appeal to shrewd commercial investors looking for a potentially high yielding opportunity in a prime High Street location, while also offering strong appeal to owner-occupiers who want a prominent trading address in the town.
The property is situated in a prime location in Elgin and benefits from large daily footfall and passing trade, with the accommodation extending to approximately 1,389.62 sq ft in size.
The property is being offered at a fantastic discount to ensure a sale and should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The rateable value has not been provided, and interested parties are advised to make their own enquiries with the local authority regarding business rates and any available relief, subject to eligibility.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Elgin is a well-established commercial centre for Moray, with a busy town centre that supports strong passing trade for a range of office, retail and service-based occupiers. High Street locations benefit from a consistent flow of local customers, nearby amenities and a broad mix of independent businesses and national operators that help underpin demand for prominent units. The area is well connected by road via the A96, providing efficient access to Inverness and Aberdeen, while rail links support staff commuting and regional connectivity. Ongoing local investment and an active business community continue to reinforce occupier interest, making this a compelling location for both investors and owner-occupiers.
126 High Street IV30 1BW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Elgin Station0.4 miles
Notes
Disclaimer - Property reference 230242655. 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 Prime Property, Glasgow. 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 Prime Property, Glasgow on 0141 673 3554.
*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.”