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70-74 High St 2,756 sq ft Retail Unit Offered at £150,000 in Elgin IV30 1BJ



Investment Highlights
- Located on the Elgin High street
- Easy access to the A96 trunk road
- 66 miles northwest of Aberdeen
Executive Summary
The subjects comprises a mid terraced building of traditional sandstone construction with a black slated roof. Internally the property provieds ground floor retail with first floor office space. The subjects are situated on Elgin’s pedestrianised High street, the town’s principal retail thoroughfare. Surrounding properties are predominantly of office and retail use. Elgin is the administrative and service centre for Moray, lying approximately Northwest of Aberdeen and East of Inverness.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
The property comprises a ground, first and second floor retail unit set within a wider building of traditional stone and slate construction. The ground floor benefits from an attractive glazed double shop frontage with large display windows and a centrally set recessed glazed pedestrian entrance door. Internally the property is currently configured to provide an open plan sales area with a sales counter positioned to the rear. The sales area comprises a solid floor and a suspended ceiling grid incorporating acoustic tiles and recessed box lighting as well as ceiling mounted air conditioning cassettes. A door to the rear of the sales counter leads to a workshop/storage area with a staircase leading to the first floor which provides further storage and staff ancillary areas including a kitchen and toilet. The second floor provides further storage space. There is a small yard area to the rear of the unit.
Sale Notes
Our client’s Heritable Interest (Scottish Equivalent of English Freehold) in the property is available “For Sale” with offers over £150,000 invited.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 70 | 2,756 sq ft | Retail | £150,000 (£54.43/sq ft) | - |
Unit 70
| Unit Size |
| 2,756 sq ft |
| Unit Use |
| Retail |
| Price |
| £150,000 (£54.43/sq ft) |
| NOI |
| - |
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Unit 70
| Unit Size | 2,756 sq ft |
| Unit Use | Retail |
| Price | £150,000 (£54.43/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| The property comprises a ground, first and second floor retail unit set within a wider building of traditional stone and slate construction. The ground floor benefits from an attractive glazed double shop frontage with large display windows and a centrally set recessed glazed pedestrian entrance door. Internally the property is currently configured to provide an open plan sales area with a sales counter positioned to the rear. The sales area comprises a solid floor and a suspended ceiling grid incorporating acoustic tiles and recessed box lighting as well as ceiling mounted air conditioning cassettes. A door to the rear of the sales counter leads to a workshop/storage area with a staircase leading to the first floor which provides further storage and staff ancillary areas including a kitchen and toilet. The second floor provides further storage space. There is a small yard area to the rear of the unit.</li></ul> | |
| Sale Notes | |
| Our client’s Heritable Interest (Scottish Equivalent of English Freehold) in the property is available “For Sale” with offers over £150,000 invited.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 4,701 sq ft | Floors | 3 |
| Property Type | Retail (Unit) | Typical Floor Size | 2,756 sq ft |
| Property Subtype | Shopfront | Year Built | 1920 |
| Costar Property Class | B | Total Plot Size | 0.07 ac |
| Total Property Size | 4,701 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 2,756 sq ft |
| Year Built | 1920 |
| Total Plot Size | 0.07 ac |
Amenities
- Storage Space
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Street View
Street
Map
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Presented by
Shepherd Chartered Surveyors
70-74 High St
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