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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

SUPERSIZED GROUND FLOOR RETAIL PREMISES total - 7,781sq ft In HIGHLY PROMINENT TRADING POSITION Large retail property which has been sub- divided to form two large retail units

Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location. Achievable Rent: £70,000 per annum.

There is ancillary offices and storage space on ground floor levels. There is a large multi-story car park above the property (out with the demise) which has direct lift access to the communal lobby.

EXCELLENT TOWN CENTRE LOCATION with high footfall. Occupiers nearby include Poundland, the Pet Hut, WH Smith, Card Factory & The Works

The retail premises is suitable for a variety of uses subject to planning. All queries in relation to planning should be directed to the local planning department.

SUPERSIZED GROUND FLOOR RETAIL PREMISES total - 7,781sq ft In HIGHLY PROMINENT TRADING POSITION Large retail property which has been sub- divided to form two large retail units Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location. Achievable Rent: £70,000 per annum. There is ancillary offices and storage space on ground floor levels. There is a large multi-story car park above the property (out with the demise) which has direct lift access to the communal lobby. EXCELLENT TOWN CENTRE LOCATION with high footfall. Occupiers nearby include Poundland, the Pet Hut, WH Smith, Card Factory & The Works The retail premises is suitable for a variety of uses subject to planning. All queries in relation to planning should be directed to the local planning department.

Maps & Location

Map   Street View   Satellite

The property is prominently positioned on Thunderton Place accessed directly via a pedestrianised lane from Elgin High Street. There is a multi-story car park positioned above the property which generates high levels of footfall to the High Street. The immediate area is predominantly retail however there is an affluent residential area to the south. Elgin, the administrative and commercial centre of Moray district, is an affluent market town with a resident population of some 21,000 and a primary catchment of approximately 90,000 within a 10 mile radius. Located on the Moray Firth, approximately 40 miles east of Inverness and 65 miles north west of Aberdeen, the town benefits from good road (A96) and rail communications connecting to the respective national networks. The property forms part of the prime retail pitch which includes the High Street and the St Giles Centre

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Pricing Information & Bidding

Opening Bid: £384,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)

  • Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

    * If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

General Terms & Conditions of Sale
Lot Specific Terms - Thunderton Place, Unit 2, Elgin






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