£150,000
High Street, Elgin, IV30
- 0 beds
£150,000
- 0 beds
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This ground floor retail unit, located at 165 High Street, Elgin, offers a prime trading position in the heart of the city centre. Currently leased to the British Heart Foundation until December 2028, this property presents an excellent investment opportunity with a stable annual rent of £14,750. The current tenant has been in place for 30 years.
Key Features:
- Prominent high street location with high visibility and foot traffic
- Approximately 47 sq m retail area with large windows and double glass door
- 26 sq m storeroom, staff room/kitchenette, and WC
- Rear access to side alley
- Part of a charming terraced period property
Location Highlights:
- Short walk to Elgin's town centre and local amenities
- Proximity to doctors, dentists, sporting facilities, post office, and schools
- Vibrant town with a population of 24,000
- Home to Moray College UHI, serving 10,000 students
- Popular tourist destination known for distilleries, castles, and golf courses
Transport Links:
- Bus and train stations nearby
- Easy access to Inverness (38 miles) and Aberdeen (64 miles)
- Convenient connections to airports with regular flights
This versatile retail space is suitable for various businesses seeking a prominent position in Elgin's bustling city centre. With its prime location and strong tenant covenant, this property offers both a stable income stream and potential for capital appreciation.
Rateable ValueRateable Value of the property is ?13,250.
Tenure
Scottish equivalent of freehold
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