- South Street, Elgin, Office For Sale

The subjects comprise a substantial detached office building arranged over two floors, benefiting from a large modern extension to the rear. Internally, the property is predominantly laid out with mostly open-plan floor plates.The front section is of traditional stone construction beneath a pitched and slated roof, while the rear extension is built with block construction under a pitched and slated roof, with a small flat-roofed section over the plant room. The ground floor features a mix of suspended and solid flooring, while the first floor is constructed with a concrete metal deck. Windows throughout are of various double-glazed designs.The property is prominently located on South Street, in the heart of Elgin. Elgin serves as the administrative capital of Moray and lies on the A96 trunk road, approximately 40 miles east of Inverness and 60 miles north-west of Aberdeen. Elgin bus and train stations are within a short walking distance, providing good public transport links.The surrounding area features a mix of residential and commercial properties, with South Street currently undergoing significant redevelopment.The property benefits from several on-site car parking spaces to the side of the building, with additional parking available immediately adjacent.Heritable interest with outright ownership. The property is to be sold with the benefit of vacant possession. Part of the property is currently leased, but this lease includes a 30-day notice period that can be exercised before the sale. Alternatively, the lease can be continued.Offers in excess of £670,000 are sought for our client's interest in the property.The property is suitable for a variety of uses, including potential residential or commercial redevelopment, subject to obtaining the necessary consents from the local authority.According to the Scottish Assessor’s website ( the subjects have a Rateable Value of £79,500 effective 1st April 2023.The property has connections of mains water, electricity, gas and drainage. Heating and cooling are provided via a wet system with a gas-fired boiler and a split air-conditioning system, incorporating Mitsubishi condenser units and internal cassettes.The Energy Performance Certificate rating is ‘E’, Legal Costs: Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.On completion of legal formalities.To satisfy our money laundering requirements, once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.