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Commercial properties for sale in Elgin, Moray

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For Sale£725,000.00
The properties comprise a parade of primarily 2/3 storey traditional stone
terraced buildings with pitched and slated roofs. The individual shops are occupied by a variety of food, leisure and retail uses, all fitted out internally to modern standards. All mains services are available to the individual premises.
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.
High Yielding Retail Investment For Sale
Type: Retail, Leisure, General Retail, Retail - High Street
Location: 19-33 Batchen Street, Elgin, IV30 1BH
Size: 8000 - 8004 Sq Ft
Images: 2
Brochures: 1
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For SalePOA
The subject site comprises approximately 12 Hectares (30 Acres) of employment land forming part of a larger Masterplan mixed use development located at Findrassie approximately 1 mile to the north of Elgin town centre. Expressions of interest are sought from potential owner and occupier requirements for the new business units on the employment land.
Commercial Mixed Use Deve Findrassie, Elgin North, Elgin, IV30 5PS
Type: Land, Commercial Land
Location: Elgin North, Elgin North, Elgin, IV30 5PS
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For SalePOA
OR
For RentROA
5 North Street
Type: Retail Park, Retail
Location: 5 North Street, Elgin, IV30 4EG
Size: 699 Sq Ft
Images: 4
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For SalePOA
74 - 76 South Street
Type: Office, Offices
Location: 74 - 76 South Street, Elgin, IV30 1JG
Size: 7773 Sq Ft
Images: 4
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For Sale£2,336,000.00

High Yielding High Street Retail Investment Opportunity - 1&2 Thunderton Place, Elgin



•The property is situated in Elgin town centre, in an established retail location just off the High Street on Thunderton Place;

•The property comprises two large town centre retail units extending to a gross internal area of 31,805 sq ft (2,954.7 sq m);

•Currently fully let to TK Maxx and Poundstretcher with a WAULT of 5.56 years;

•Current total passing rent of £235,000 per annum;

•Low passing rent of £6.24 per sq ft on TK Maxx;

•Heritable tenure (Scottish equivalent of English Freehold).

Offers in excess of £2,336,000 are sought for our client's heritable interest in the property, subject to contract and exclusive of VAT.  A purchase at this level would provide a net initial yield of 9.50% assuming purchaser's costs at 5.88%.

1&2 Thunderton Place, Elgin, IV30 1LY
Type: Retail - High Street, Retail
Location: 1&2 Thunderton Place, 1&2 Thunderton Place, Elgin, IV30 1LY
Size: 31805 Sq Ft
Images: 4
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For SalePOA
OR
For RentROA
The site lies within the well established and popular 'Linkwood' area of Elgin south of the town centre. The strategic location of the site allows easy access to road networks linking Inverness and Aberdeen.

The site is identified within the extant and emerging Local Development Plans as an Opportunity Site suitable for a variety of uses including office, retail, leisure, trade counter, industrial and potentially education related uses due to the proximity of the college.
Development Site, Linkwood Road
Type: Other, Other Property Types & Opportunities
Location: Development Site, Linkwood Road, Elgin, IV30 6DN
Size: 6 Acre
Images: 3
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