PRIME NEW LISTING. We are excited to present this vacant office unit located within a prime location in Elgin.
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 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 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.
Location
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.
Accommodation
Net Internal Area: approximately 1,389.62 sq ft
Terms
Guide Price: £95,000
Rateable value not provided; relief subject to eligibility.
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.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.