The property comprises the ground floor of a larger development with TK Maxx located directly adjacent. There is a Multi-Storey Car Park above the property which has direct lift access to the communal area at ground floor level. The property benefits from a large shared glazed entrance area and extensive return frontage on to Thunderton Place. The accommodation currently comprises a large open plan sales area with an office and disabled toilet off. At the rear there is a store plus staff kitchen and toilet facilities. There is also a generous loading area to the rear of the complex with access taken from Thunderton Place and Batchen Lane which links into the subject property.
Location
Elgin is situated approximately 66 miles northwest of Aberdeen and 39 miles southeast of Inverness. Within the Moray Council area, Elgin is the main administrative, business and service centre with Forres, Buckie, Lossiemouth and Keith being classified as secondary settlements. The town is accessed by the A96 trunk road which runs between Aberdeen and Inverness. There is also a railway line between those two cities.
Elgin has a population of approximately 23,128 (2011 Census) and is the regional town for Moray, with a primary catchment of approximately 90,000 within a 10-mile radius. As the administrative centre of Moray, Elgin houses the HQ offices of Moray Council. Elgin is also the regional retailing centre and an important centre for education, tourism, agricultural industries, the general service sector, healthcare, food & drink and the textile and distilling industries.
Accommodation
Extends to 723 m² (7,781 ft²)
Terms
The property has Class 1A (Shops, Financial, Professional and Other Services) planning use consent in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. Other uses may be permissible subject to securing the appropriate planning use consent. Please discuss any proposals with the marketing agents.
RATEABLE VALUE The property is currently listed on the Scottish Assessor’s portal with a NAV/RV of: £50,000
EPC Details area available on request.
SERVICE CHARGE There will be a service charge in relation to the maintenance of the common parts of the development. Details area available on request.
LEASE TERMS The property is available “To Let” on Full Repairing and Insuring lease terms for a period to be agreed. We are seeking rental offers over £45,000 per annum, exclusive of VAT.
SALE TERMS Our client may consider a sale of their Heritable Interest (Scottish Equivalent of English Freehold) in the property.
Sale Price on application.
ENTRY VAT The property is currently vacant and is available for immediate occupation, subject to conclusion of Missives. The property is elected for the purposes of VAT.
VAT will apply to any transaction.
LEGAL COSTS Each Party will be responsible for their own legal costs incurred in any transaction. The ingoing tenant or purchaser will be responsible for LBTT, Registration Dues and VAT thereon.
Specification
- Prominent Return Frontage
- Excellent Trading Location within Elgin Town Centre
- Multi-Storey Car Park Above
- Extends to 723 m² (7,781 ft²)
- May Suit Various Uses, STP
- Rent: Offers over £45,000 pa
- Sale Price on Application
- Immediate Entry Available