FOR SALE
14/09/23
1522
26570417 / Rightbiz
CCL are delighted to bring to market for sale a substantial property on the High Street in Elgin. An end terrace building that incorporates 77, 79– 83 High Street and 4 an 5 Lossie Wynd. The accommodation is spread over 3 floors.
77 Hight Street is let with an annual rent of £12,000.
4 & 5 Lossie Wynd have planning permission for conversion to Residential Apartments.
The subjects are situated on the High Street adjacent to in the main pedestrian area in the centre of Elgin surrounded by a range of well know high street brands. Elgin city centre contains a good mix of mainly ground floor retail usage with residential or commercial usage on the upper floors. A range of high street shops, small retailers, cafes, restaurants and leisure facilities are on offer in the vicinity. The property is also in close proximity to the new Moray Council HQ buildings. Much has been done in recent years to regenerate the town while the High Street retains many of its original buildings and cobbled streets. The property is also located within a Conservation Area. The property comprises three adjoining ground oor retail units arranged as two shops with ancillary accommodation on the rst and second oors. Additionally, the property comprises a former ground oor antiques centre fronting Lossie Wynd. The property is in a satisfactory condition throughout although some areas will need to be modernised and upgraded to suit the needs of new occupants. Elgin is a lively and charming market town and is the administrative and commercial capital of Moray with a population of around 21,000. It is situated approx. 36miles east of Inverness and 64miles west of Aberdeen with good transport links via the A96 trunk route and rail links to Inverness and Aberdeen and their respective airports. Elgin is also home to Moray College UHI which provides a range of courses for around 10,000 students. The property comprises three adjoining ground floor retail units arranged as two shops with ancillary accommodation on the first and second floors. Additionally, the property comprises a former ground floor antiques centre fronting Lossie Wynd. Planning permission has been obtained to convert the upper floor of 4 & 5 Lossie Wynd to residential accommodation. 77 High Street has been let to a nail salon with annual rent of £12,000p.a. 77, 79 - 83 High Street open directly to the High Street while 4 and 5 Lossie Wynd open directly onto Lossie Wynd. There is access to the rear of 79 - 83.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.