Map view Street view Park Road, Elgin, IV30 8PJ not specified / Land / Mixed Use For Sale - £11,000.00 Available - Last updated: 26 October 2026 A rare opportunity to acquire a former successful shop, now largely demolished, with huge potential to create something new in the heart of the village of Lhanbryde, near Elgin.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 HighlightsFormer successful village shopPartly demolished with existing solid walls and ceiling beams remainingExisting structure and foundations provide a head start for redevelopmentPotential to rebuild, reconfigure or create an entirely new developmentPotential residential development opportunity, subject to planningExcellent project for developers, investors or entrepreneursLocated in Lhanbryde, Moray, within easy reach of ElginA 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.Speak to one of our dedicated team today for more information or visit our website.Be Brave... Follow Your Heart.Braveheart Auctions hold land and property auctions every 2 weeks.Do you know someone with a problem property?Pass the details to Braveheart Auctions - we will sell it and we will pay you for the referral. Or speak to us about a FREE auction valuation. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £11,000.00 NA Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist