Vacant Commercial LOT 60

156 High Street, Elgin, IV30 1BD
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Map & Location

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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***Vacant commercial premises located in premium High Street position with Elgin Town Centre. Previously occupied as licenced diner. The property is presented ready to trade***

*** Great opportunity for owner occupier or rental premises. Fully fitted diner and commercial kitchen. Previously rented at £31,200 pa***

***Prominent first floor position with direct access from Elgin High Street. The second floor contains 4 vacant rooms which offer additional possibilities***

***Multiple investment options*** Potential conversion to residential (STP)*** Walk in business opportunity*** Solid rental investment property***

***Great trading position with other businesses nearby including Marks & Spencer, Boots, Starbucks, as well as a number of vibrant independent traders***

***Vacant commercial premises located in premium High Street position with Elgin Town Centre. Previously occupied as licenced diner. The property is presented ready to trade*** *** Great opportunity for owner occupier or rental premises. Fully fitted diner and commercial kitchen. Previously rented at £31,200 pa*** ***Prominent first floor position with direct access from Elgin High Street. The second floor contains 4 vacant rooms which offer additional possibilities*** ***Multiple investment options*** Potential conversion to residential (STP)*** Walk in business opportunity*** Solid rental investment property*** ***Great trading position with other businesses nearby including Marks & Spencer, Boots, Starbucks, as well as a number of vibrant independent traders*** *** The premises are fully fitted as an American style diner and is fitted for up to 130 covers. There is a commercial kitchen with a range of cooking and preparation equipment as well as ample storage areas. Male and female toilets. The upper floor is unoccupied and ideal for development. There is potential to create additional commercial space here or potentially convert to residential (subject to planning) First floor circa 280m2 Second floor circa 63m2

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. Located on the Moray Firth, approximately 40 miles east of Inverness and 65 miles north west of Aberdeen, the town benefits from good road (A96) and rail communications connecting to the respective national networks

Full Address: 156 High Street, Elgin, IV30 1BD

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Pricing Information & Bidding

Opening Bid: £102,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 06 March 2025, 10am-3pm
Type: Timed Online Auction

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