A fully fenced corner development site suitable for open storage or industrial development.
All main services are located in close proximity to the site.
Location
Located within March Road Industrial Estate.
Accommodation
Size - Approximately 2,346 sq m (0.58 acres)
Terms
Lease Terms - Main lease terms are:
Period - Flexible, from one year upwards or alternatively a 99 year ground lease to facilitate development.
Rent - A rent of £5,950 per annum, payable monthly in advance, is expected for the site. The rent would be reviewed every 5 years.
Insurance - Insurance would be for the tenant to arrange.
Rates - The tenant would be responsible for non-domestic rates. The site is not currently entered in the Valuation Roll, effective from 1 April 2023, at a rateable value of £6,700.
For further information regarding rateable value please contact the Grampian Valuation Joint Board, 234 High Street, Elgin, IV30 1BA, Tel No: (01343) 619819 or alternatively e-mail them on elgin@grampian-vjb.gov.uk.
The tenant may be eligible for rates relief and for further information regarding such matters please contact Moray Council’s Non-Domestic Rates Team on Tel No: (01343) 563194/3195 or alternatively e-mail them on ndr-enq@moray.gov.uk.
Planning Position - The property has planning consent for general industrial storage and distribution uses as defined in classes 5 & 6 of the Town and Country Planning Use Classes (Scotland) Order 1997.
Fees - In accordance with Council practice the tenant will be responsible for the Council’s reasonable legal fees in connection with the transaction as well as any Land and Buildings Transaction Tax, if applicable, and registration dues.