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. 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. The town lies in the heart of the world famous Speyside Whisky country and together with ready access to the Cairngorm National Park and the Malt Whisky Trail this ensures Elgin is a popular tourist destination
Accommodation
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.
ANTI MONEY LAUNDERING REGS The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Specification
- LARGE GROUND FLOOR UNIT
- PROMINENT RETURN FRONTAGE
- ADJACENT TO TK MAXX SET WITHIN WIDER RETAIL COMPLEX
- LARGE MULTI-STOREY CAR PARK ABOVE
- FLOOR AREA: 723 M² (7,781 FT²)
- RENT: £45,000 PER ANNUM
- SALE: OFFERS OVER £450,000 INVITED