7 Commerce Street, Picture
To Let

7 Commerce Street Elgin, IV30 1BS

Use Class

Use Class

E

Size

Size

2,853 sq ft

Rent pa

Rent pa

£24,500

Market Sector

Market Sector

Retail & Shopping Park

Key Features

  • Substantial ground floor and basement retail/office unit.

  • Suitable for a variety of uses, subject to planning.

  • On street parking available.

Description

The subjects comprise ground floor and basement accommodation, which could be suitable for a number of uses, subject to planning. The accommodation comprises: - Ground floor retail/office space - DDA compliant - Two WC’s - Kitchen The accommodation currently comprises reception area, 3 private offices, training room and, within the rear extension, further office/storage space. The basement provides storage space, accessed via a fixed staircase.

Location

The subjects are located on the west side of Commerce Street in Elgin town centre. Elgin itself is a vibrant market town in Moray offering good transport links and a mix of local and national retail presence. Nearby occupiers include TSB, Costa, Dawson Opticians, and Little the Jewellers.

Key Information

Legal

Entry on conclusion of legal missives.

Accommodation

2,853 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
2,216
205.91
Basement
637
59.18

Financial

Lease Term

The property is available on Full Repairing and Insuring terms for a period to be agreed, and will be subject to periodic upward only rent reviews.

Rent

£24,500 per annum.

Rates

Any ingoing occupier will have the right to appeal the Rateable Value and may also be entitled to certain relief from rates under the various schemes currently available. Interested parties should contact the relevant Local Authority and further information can be found at www.saa.gov.uk.

Costs

Each party will bear their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any LBTT and Registration dues.

Vat

The property is not opted to tax, therefore there is no VAT payable.

Business Rates

The Rateable Value effective from 1 April 2023 is £23,000.

Sustainability

Energy Performance Certificate

D (55)

Energy Performance Certificate Information

D (55). A copy of the EPC certificate and full recommendations report is 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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