Page 14 - Shepherd Commercial Auctions - Catalogue 20/06/2024

Lot 11 228 High Street, Elgin, Morayshire IV30 1BA Ground Floor Retail Unit
Features
• Prominent pitch
• Extensive frontage
• Suitable for various uses subject to planning • 122 sq. m. (1,313 sq.. ft.)
Description
The property comprises a ground floor retail unit forming part of a wider 2-storey traditional stone and slate terraced building with residential use on the upper floor.
The unit benefits from a large glazed double frontage with a centrally positioned glazed pedestrian door. Internally, the property was most recently operated as a hair and beauty studio with the space configured to provide a reception/hairdressing area, treatment rooms plus staffroom and toilet.
Location
Elgin is situated approximately 66 miles northwest of Aberdeen and 39 miles southeast of Inverness. Within the Moray Council area, Elgin is the main administrative, business and service centre with Forres, Buckie, Lossiemouth and Keith being classified as secondary settlements. The town is accessed by the A96 trunk road which runs between Aberdeen and Inverness. There is also a railway line between those two cities. Elgin has a population of approximately 23,128 (2011 Census) and is the regional town for Moray, with a primary catchment of approximately 90,000 within a 10-mile radius.
The subjects occupy a prominent pitch at the western end of Elgin High Street, which is the town’s principal shopping thoroughfare. The property is positioned on the southern side of High Street close to the roundabout providing connection from both the main A96 Inverness to Aberdeen trunk road and the A941 from the south.
Neighbouring occupiers include a healthy mix of local and national retailers including Skills Development Scotland, Strand Hair Room, Clan Cancer Support, M&S Foodhall, Cathedral Windows and Beautique Nails and Beauty.
Rateable Value
The rateable value is £15,500.
Energy Performance Rating To be confirmed.
*Guide Price £85,000 (plus fees if applicable)
14 * Please see Buyer’s Terms for definition of guide price and auction fees
Auction Type
Unconditional Sale - There are no buyer's fees on this lot. Being sold on behalf of: