The premises comprise the ground floor of a larger development with TK Maxx located adjacent along with a multi storey car park above which has direct lift access to the communal lobby at ground floor. The premises benefits from an extensive return frontage onto Thunderton Place,
There is a generous loading area to the rear with access from Thunderton Place and Batchen Lane which links into the subject property.
Location
Elgin is located approximately 40 miles east of Inverness and 66 miles north west of Aberdeen. It is easily accessible, being positioned on the A96 which links into the A95 providing access to the south.
The property is prominently positioned on Thunderton Place, accessed directly via a pedestrianised lane from High Street. There is a multi storey car park positioned above the property.
Nearby occupiers include TK Maxx, Ladbrokes, Cancer Research, William Hill, BHF and Poundland.
Accommodation
The premises extends to the following approximate areas:
Ground Floor: 7,781 sq ft / 722.8 sqm
Terms
Rent - Offers of £45,000 pa exclusive are invited.
Lease - The subjects are available on a new FRI lease.
Price - Offers over £450,000 are sought.
Rates:
Rateable Value: £50,000
UBR (2020/21): £0.498
Rates Payable: £24,900 pa
Planning - We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 1A consent and can therefore be used for retail use. Interested parties are advised to speak directly to the Local Planning Authority.
EPC - On application
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Prime Retail Unit – adjacent to TK Maxx
- Large multi-storey car park above property
- Rent: £45,000 pa / Price: £450,000
- NIA: 7,781 sq ft