Commercial Property in Forres available for sale
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Commercial Properties for Sale near the Forres, UK

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Industrial Hospitality Commercial Land

Commercial Properties for Sale Within 10 miles of the Forres, UK

More details for Wester Buthill, Elgin - Land for Sale

Plot 2 - Wester Buthill

Elgin, IV30 5YQ

  • Land for Sale
  • £85,000
  • 0.17 ac Plot

Elgin Land for Sale - Inverness/Nairn/Moray/Badenoch

Each plot is serviced with mains water, electric and BT, with septic tank drainage to be arranged by the purchasers. Purchasers will have rights of access over roads and road maintenance costs will be shared by all users. Planning Permission would be for a four bedroom detached property with separate garage. There are two options for purchase: Subject to planning permission or outright. Subject to the purchaser gaining planning permission: £2000 deposit to take the plot off the market, then 10% of the purchase price at the conclusion of missives. Planning Permission must be gained within one year of this point, with the remaining balance due once permission is granted. To purchase the plot outright with a 5% discount: £2000 to take the plot off the market, with three months to complete the purchase. The balance of payment would be due on completion.

Contact:

Cluny Estate Agents

Property Subtype:

Residential

Date on Market:

16/11/2022
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LoopNet UK Moray Commercial Properties For Sale in Forres, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Forres

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How many Commercial Property listings are available for sale in Forres?
There are currently 4 Commercial Properties available for sale near Forres. These Forres Commercial Property listings have an average size of 20,724 sq ft. The largest available listing in Forres is 33,509 sq ft. The thriving commercial centre and excellent transport links in Forres make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Forres?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Forres currently range from £22 to £57 per square foot. While the average net initial yield for Commercial Properties is 7.78%.
What other types of commercial property are available for sale in Forres?
There is a diverse range of commercial properties available in Forres to suit various business needs. Forres offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 4 Forres commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Forres, UK

Market Overview for Commercial Properties in Forres

Key information for Commercial Properties investors in Forres and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Forres £39 20,724 sq ft
Nairn £96 4,281 sq ft
Elgin £90 3,091 sq ft
Lossiemouth £117 687 sq ft
Aberlour £73 3,048 sq ft

Rental Price Trends in Forres

The price per square foot range for Commercial Properties in Forres and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Forres £22 £39 £57
Nairn £20 £96 £165
Elgin £43 £90 £134
Lossiemouth £117 £117 £117
Aberlour £73 £73 £73

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Forres area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Forres 7,938 sq ft 20,724 sq ft 33,509 sq ft
Nairn 345 sq ft 4,281 sq ft 10,776 sq ft
Elgin 484 sq ft 3,091 sq ft 7,933 sq ft
Lossiemouth 687 sq ft 687 sq ft 687 sq ft
Aberlour 3,048 sq ft 3,048 sq ft 3,048 sq ft

You searched for commercial property for sale in Forres. Explore 4 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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