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New Industrial Unit To Let , 8 Coxton Park, Elgin, IV30 8AZ

7,760 Sq Ft / Industrial / General Industrial

To Let - £90,000.00 per annum

Available - Last updated: 28 February 2025

The subjects comprise a new build detached industrial unit with a 2 storey office section plus mezzanine level within a site providing car parking plus extensive secure yard. The building is of conventional steel portal frame construction built to an eaves height of 6.4m. The walls are clad with composite profile metal panels, incorporating translucent panels to the upper wall sections. The roof is of a low pitch design and is finished with insulated profile metal panels. There building has 2 electrically operated vehicle access roller shutter doors. The largest door (4.30 wide x 3.80 high) is centrally positioned on the rear gable with the second door (3.60m wide x 3.80m high) positioned on the westernmost elevation. The front section of the building provides 2-storey office and storage accommodation which incorporates staff welfare areas.

The specification includes concrete floors finished with carpets/vinyl. The ceiling areas are largely open to the underside of the first floor and roof sections. The entrance to the offices is set within a glazed foyer. Windows are of double-glazed powder coated aluminium design. Lighting comprises low energy suspended fitments of mixed design. The workshop section is inter-connected to the rear of the office section and provides clear span accommodation.

The floors are of polished concrete construction and there is high bay LED lighting together with a 5-tonne travelling gantry crane installation. There are space heating and dust extraction systems. There is also a first floor, mezzanine storage section accessed via a stairwell from the warehouse. The total site area extends to circa 1.02 acres with the building positioned in the northeastern corner of the site (17.5% site coverage).

There is block paved surfaced car parking bays to the front of the site. Behind this, there is an enclosed secure yard with perimeter fencing. Part of the yard has been surfaced with a concrete apron and the remaining areas will have a hardcore finish.

Location

Elgin is the main administrative and commercial centre for the region of Moray in the northeast of Scotland. 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 road via the A96 trunk road which runs between Aberdeen and Inverness.

There is also a railway line between those two cities and the town is on a regular bus route. Elgin has a population of approximately 23,128 (2011 Census) and is the regional town for Moray, population 92,910 (2012 NRS). As the administrative centre of Moray, Elgin houses the headquarter 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.

The property is located within Elgin Business Park which is a new development located on the eastern periphery of Elgin. The first phase (50 acres) of the 125-acre development commenced in 2018. The site has been developed with enabling/infrastructure support from Highlands and Islands Enterprise.

There are several businesses already located within the business park development with most of the land already sold to owner occupiers. A newly built Travelodge hotel, Starbucks and Shell Petrol Filling Station are located at the entrance to the business park. The development provides a variety of uses including hospitality, retail, office, warehousing and industrial premises. Other occupiers within he park include Autoglass and M&H Carriers. The subjects are well placed within the business park and enjoy easy linkage to the recently improved new road infrastructure on the main A96 trunk road.

Accommodation

2-Storey Offices: 202 m² (2,172 ft²)

Mezzanine: 82.60 m² (889 ft²)

Workshop: 436.5 m² (4,699 ft²)

Terms

RATEABLE VALUE  The property is currently listed on the Assessor’s portal with a NAV/RV of: £65,500.

PLANNING LEASE TERMS VAT Classes 4 (Business), 5 (General Industrial) & 6 (Storage or Distribution) Consent, all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. The property is available “To Let” on new full repairing and insuring lease terms for a period to be agreed. Rental offers over £90,000 per annum, exclusive of VAT are sought. 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. In the normal manner, the incoming tenant will be responsible for LBTT, Registration Dues and VAT thereon

Specification

  • On-Site Car Parking with Secure Yard
  • Rent: £90,000 Per Annum
  • Immediate Entry
  • May Suit Various Uses

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £90,000.00 per annum

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Contact agents

Linda Cameron

Shepherd Commercial

01463 800145

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