The subjects comprise a substantial 'Grade B Listed' detached building with rear extensions and an annex formerly operated as offices and a Medical Centre arranged over lower ground, ground, first, and attic floors. The building is set with a large site extending to approx., 0.70 Acres and presents a redevelopment opportunity to residential use or other use, STP.
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
Floor Area: 915.90 m² (9,859 ft²)
Terms
EPC Main Building: EPC Rating “E” / Annex Building: EPC Rating “F”. Documentation available on request.
PLANNING The property was formerly operated as offices and a medical facility. There is scope for redevelopment of the main building various uses including residential and new residential development within the site, subject to securing the appropriate planning consent. Planning permission has been granted for the demolition of the north wing and annexe with the main building and coach house to be retained. Please visit the Moray Council Planning Portal for further information (References: 23/02088/LBC, 23/02086/APP and 23/01664/LBC refer): https://publicaccess.moray.gov.uk/eplanning/pagedSearchResults.do ?action=page&searchCriteria.page=1 Proposed Development Plans for residential development can be made available on request, to seriously interested parties.
RATEABLE VALUE SALE TERMS The property is listed with 4no. entries on the current Valuation Roll with a cumulative NAV/RV of £83,550 Our client’s Heritable interest is For Sale with vacant possession at offers over £375,000. As the sale is part of an insolvency case, the trustees do not offer any warranties or guarantees in connection with the subject property. Interested parties must satisfy themselves on all aspects of the property prior to purchase. Clean/unconditional offers are invited. All figures are quoted exclusive of VAT which will be added at the prevailing rate.
LEGAL COSTS & VAT Each Party will be responsible for their own legal costs. The purchaser will be responsible for LBTT, Registration Dues and any VAT thereon.
VAT will apply to any transaction
Specification
- Former Health Centre Facility
- Large Site extending to 0.70 Acres with On-Site Car Parking
- Suitable for a range of uses including residential development, STP
- Prominent Location on corner of Northfield Terrace/South Street (Part of A941 road)