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Marketed by
228 High Street Elgin, IV30 1BA
Use Class
E
Size
1,215 sq ft
Rent pa
£22,000
Price
£165,000
Market Sector
Retail & Shopping Park
Key Features
Town Centre Ground Floor Retail Unit.
High Profile Location With Strong Roadside Presence.
Parking Available Nearby.
Description
The subjects comprise a ground floor retail unit which forms part of a two-storey building. Internally, the unit is currently fitted out as a salon, providing an open plan sales area and two treatment rooms, with staff facilities and a WC to the rear.
Location
The subjects lie on the south side of High Street, adjacent to the A96, benefitting from strong visibility from both the A96 and A941 - two major arterial routes. With excellent traffic flow, exceeding c. 20,000 vehicles per day, the property has a prominent roadside location.
Accommodation
1,215 Sq.Ft
The subjects have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following Net Internal Areas derived:
Financial
Lease Term
The unit is available on Full Repairing and Insuring terms, any long term lease will incorporate 5 yearly upward only rent reviews. Short term leases may be considered, subject to landlord consent.
Rent
Offers in the region of £22,000 per annum, exclusive of VAT.
Costs
Each party will bear their own legal costs incurred in the transaction. The occupier will be responsible for any LBTT and Registration dues.
Price
Offers of £165,000 excl. VAT are sought for our client’s heritable interest.
Vat
VAT will be payable in addition to monies due under a lease of the premises.
Business Rates
The Rateable Value effective from 1 April 2023 is £15,500.
Rates
Sustainability
Copy available on request.
Disclamier
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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