DESCRIPTION
The subjects comprise an irregularly shaped level site secured with metal fencing and hardcore surfaced. The property would be suitable for a wide range of uses subject to the relevant consents being obtained from the local authority.
LEASE
The subjects are offered on flexible terms on the basis of a new lease on full repairing and insuring (FRI) terms for a minimum term of 12 months.
RENTAL
Our client is seeking £9,600 per annum for the leasehold interest in the property.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £4,400.
For properties with a Rateable Value of £12,000 and under occupiers may be eligible for 100%
rates relief through the Small Business Bonus Scheme, depending on individual circumstances.
UTILITIES
The property is served by mains electricity.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any Registration Dues or LBTT thereon.
ENTRY
Upon completion of a formal missive under Scots Law.
Location
LOCATION
Elgin is known as the administrative capital of Moray and is situated adjacent to the main A96 trunk road connecting Inverness to Aberdeen. The town benefits from excellent transport links via road and rail to the rest of Scotland.
The property is located on Grampian Road to the rear of Tyock Industrial Estate which is one of the main industrial locations within Elgin. Surrounding occupiers include a number of national occupiers such as CEF, Wolesley and Dulux Decorator Centre together with a number of local operators and residential properties.