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UNDER OFFER, Office / Retail / Residential Premises, 30-32 High Street, Elgin, Elgin, IV30 1BU

420 Sq Mt / Offices / Mixed Use

For Sale

To Let - £11,500.00 per annum

Under Offer - Last updated: 25 October 2024

A traditional sandstone property with pitched slate roof and pvc rainwater goods, formerly used as offices, with kitchen, toilets and basement storage.
 
Mixture of timber and upvc double glazed windows.
 
Electric wall mounted heaters, fluorescent tube lighting, with integral fire alarm/emergency lighting system. Floor coverings are a mix of carpet, carpet tiles, linoleum and laminate.
 
Several original features remain included ornate cornicing, skirting boards and timber stair balustrades and banister.
 
It is considered potentially suitable for use as offices, retail or conversion to residential use.

Location

Situated on a prominent site at the east end of Elgin High Street.

Accommodation

This 3 storey traditional sandstone and slate roofed property, with attic rooms and basement has a floor area measuring approximately 420 sq m

Terms

Offers to Purchase - Reasonable offers are sought for purchase of the property. Each party would be responsible for its own legal and professional fees and expenses. The purchaser would be responsible for any Stamp Duty Land Tax.
 
Offers to Lease –  £11,500 per annum, exclusive of VAT if applicable are invited, on the following main terms:
  • Lease period - from three years to 25 years.
  • Rent - will be reviewed on a 3-year cycle.
  • Repairs/Maintenance – the Tenant to accept the property in its current condition and would maintain it in that condition.
  • Buildings Insurance - The Council would arrange insurance for the property and recover the cost of that insurance from the tenant.
  • Fees - The Council's reasonable legal expenses in any lease would be recovered from the Tenant.
  • Stamp Duty Land Tax – Tenant’s responsibility.
Services - The property is served by mains electricity, water and sewerage. Purchasers are required to satisfy themselves as to the condition and suitability of the property and all services.
 
Energy Performance Certificate - An Energy Performance Certificate (EPC) has been obtained for the premises which gives the property as a “F” rating as at July 2022. A copy of the Certificate and the Recommendation Report are available upon request.
 
Planning - The property was formerly used as offices and as a drop in Covid vaccination facility on the ground floor. It is located within Elgin Town Centre and is considered to have potential for use as offices, retail or conversion to residential. Any proposal to use the property for an alternative to office use would require consent for change of use in terms of Planning and Building Standards legislation, which the applicant must obtain themselves.
 
It should be noted that the above advice is purely for guidance and is entirely without prejudice to the consideration of any formal applications for Planning Consent, or Building Warrant by Moray Council.
 
For further advice on Planning issues please visit the Council’s website via this link http://www.moray.gov.uk/moray_standard/page_41669.html or contact the Duty Officer, Development Control Section, Tel No 0300 1234561 between 2pm and 4pm Mon – Fri.
 
Buildings Standards - For advice on Building Standards issues please contact the Duty Officer, Building Control Section, Moray Council, Council Offices, High Street, Elgin, IV30 1BX, Tel No 0300 1234561 between 2pm and 4pm Mon – Fri.
 
Rateable Value - This property has a current Rateable Value of £18,750.
 
For further information contact Moray Council’s Non-Domestic Rates Team on (01343) 563456 or alternatively e-mail them on ndr-enq@moray.gov.uk

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Reasonable offers are sought for purchase of the property For Sale Freehold NA NA
  To Let £11,500.00 per annum

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Sonya Anderson

Moray Council

01343 730085

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