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Retail Investment For Sale, Unit 2 Thunderton Place, Elgin, IV30 1LY

7,782 Sq Ft / Retail

For Sale - £450,000.00

Available - Last updated: 04 July 2024

The property comprises the ground floor of a larger development with TK Maxx located directly adjacent. There is a Multi-Storey Car Park above the property which has direct lift access to the communal area at ground floor level.

The property benefits from an extensive return frontage on to Thunderton Place. There is a generous loading area to the rear of the complex with access taken from Thunderton Place and Batchen Lane which links into the subject property

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.

Accommodation

FLOOR AREA: 723 M² (7,781 FT²)

Terms

RATEABLE VALUE NAV/RV: £50,000

EPC Details provided on request.

PLANNING The property currently benefits from Class 1A (Shops, Financial, Professional and Other Services) planning use. Interested parties are advised to speak directly to Moray Council on any proposals

LEASE TERMS & RENT Available “To Let” on full repairing and insuring lease terms for a period to be agreed at a rental of £45,000 per annum, exclusive of VAT. VAT will apply to any transaction.

SALE Our Client may consider a sale of their heritable interest in the property. Offers over £450,000 invited.

LEGAL COSTS Each Party will be responsible for their own legal costs incurred in connection with any transaction. In the normal manner, the incoming tenant or purchaser will be responsible for LBTT, Registration Dues and VAT thereon.

Specification

  • LARGE GROUND FLOOR UNIT 
  • PROMINENT RETURN FRONTAGE 
  • ADJACENT TO TK MAXX SET WITHIN WIDER RETAIL COMPLEX 
  • LARGE MULTI-STOREY CAR PARK ABOVE

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Thunderton Place For Sale £450,000.00 NA

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Linda Cameron

Shepherd Commercial

01463 800145

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