Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

Edinburgh Branch

Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
e: info@cclproperty.com

Parade Spur South, Elgin, Moray, IV30 6AJ

£200,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Freehold
Accommodation c. 320m2
Vehicle workshop
Show room
Retail space
Flexible layout
Secure compound

Description

This versatile commercial property, accessible from both Parade Spur North and South, offers 179 square meters of well-maintained space. The North entrance leads to a 62 square meter showroom and a 52 square meter retail area, complete with an office, service counter, and storage. The South entrance provides access to a secure compound with a 65 square meter workshop, equipped for motorcycle servicing and MOT testing, alongside an additional workshop/retail space currently used as a motorbike showroom. Internal stairs connect the ground floor to the lower ground floor, enhancing the property's functionality. The building's strategic location, ample parking, and excellent condition make it suitable for various commercial activities, including retail, workshops, and professional services. This property presents a unique opportunity for businesses seeking a flexible and well-appointed commercial space in a prime area.

This well-maintained commercial property offers a total of 320 square meters of versatile space, ideal for a variety of business needs. The property is accessible from both Parade Spur North and Parade Spur South, providing excellent connectivity and convenience.


Parade Spur North Access:


Showroom: A spacious 62 square meter showroom accessible via double doors from a small car park. This area is well-lit and ideal for retail displays.


Main Retail Area: A 52 square meter retail space that is both light and spacious, perfect for customer interactions.


Office and Service Counter: Includes a dedicated office space and service counter for administrative tasks.


Storage: Convenient storage area for inventory and supplies.


Parade Spur South Access:


Secure Compound and Workshop: A 65 square meter workshop equipped for a motorcycle workshop and MOT station, offering a secure and functional space for mechanical services.


Adjacent Workshop/Retail Area: Currently used as a motorbike showroom, this additional space can be adapted for various retail or workshop needs.


Additional Details


Well-Maintained Building: The property is in excellent condition, ensuring minimal initial setup for new tenants.


Versatile Usage: Suitable for a range of commercial activities including retail, workshops, and professional services.


Location Benefits


Strategic Location: Positioned in a prime area with easy access from two major roads.


Parking Facilities: Ample parking space available for customers and staff.


This property offers a unique opportunity for businesses seeking a flexible and well-appointed commercial space. Contact us today to schedule a viewing and explore the potential this property holds for your business.

Rateable Value
According to the Scottish Assessors website the rateable value of the property is 25,750.

Tenure
Scottish equivalent of Freehold

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,052 /mo.25 Years, 5% Interest
Loan
ÂŁ180,000
Total Repay
ÂŁ315,679

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ500
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
Your effective LBTT is 0.25%

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