126 High Street, Elgin, IV30 1BW
Want to make an offer?
Deadline for offers
Attractive Commercial Opportunity
Description
- PRIME NEW LISTING. We are excited to present this vacant office unit positioned in a prime location in Elgin.
- Anticipated rent £900–£1000 pcm (£10,800–£12,000 pa), subject to tenancy & due diligence. Rateable value not provided; relief subject to eligibility.
- Benefiting from a recent renovation, this property is ready for immediate occupation and it is perfectly suited to investors and business owners alike.
- Sure to appeal to shrewd investors and proactive owner-occupiers seeking a prominent High Street position with strong commercial upside.
- Prime Elgin High Street setting with excellent daily footfall and passing trade, extending to around 1,390 sq ft of versatile accommodation.
PRIME NEW LISTING. We are excited to present this vacant office unit located within a prime location in Elgin.
The property has been recently refurbished throughout, creating a smart, professional space that is ready for immediate occupation or marketing, and it is perfectly suited to investors and business owners alike.
From an investment perspective, the unit is anticipated to achieve in the region of £900–£1000 per month, which equates to £10,800–£12,000 per annum, subject to tenancy and due diligence. As the property is currently vacant, this represents a potential market rental level and offers the buyer the opportunity to target an occupier profile and lease terms that match their strategy.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over the asset.
For rental purposes, the property could realistically achieve a monthly rent of £900–£1000 per month (£10,800–£12,000 per annum), which presents excellent high-yield potential, subject to tenancy and due diligence.
Sure to appeal to shrewd commercial investors looking for a potentially high yielding opportunity in a prime High Street location, while also offering strong appeal to owner-occupiers who want a prominent trading address in the town.
The property is situated in a prime location in Elgin and benefits from large daily footfall and passing trade, with the accommodation extending to approximately 1,389.62 sq ft in size.
The property is being offered at a fantastic discount to ensure a sale and should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The rateable value has not been provided, and interested parties are advised to make their own enquiries with the local authority regarding business rates and any available relief, subject to eligibility.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Elgin is a well-established commercial centre for Moray, with a busy town centre that supports strong passing trade for a range of office, retail and service-based occupiers. High Street locations benefit from a consistent flow of local customers, nearby amenities and a broad mix of independent businesses and national operators that help underpin demand for prominent units. The area is well connected by road via the A96, providing efficient access to Inverness and Aberdeen, while rail links support staff commuting and regional connectivity. Ongoing local investment and an active business community continue to reinforce occupier interest, making this a compelling location for both investors and owner-occupiers.
Map
Deposit & Fee Calculator
Virtual Tour
How to buy at auction
We've created a handy video explaining the auction process, what to expect and how to prepare. You can watch it by clicking the link below.
Terms of Sale
All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.