Located at 165 High Street in Elgin, this prime ground floor retail unit offers an excellent investment opportunity, currently leased to the British Heart Foundation until December 2028 with an annual rent of £14,750. Situated in a bustling city centre with high visibility and foot traffic, the unit features a 47 sq m retail area with large windows and a double glass door, a 26 sq m storeroom, staff room/kitchenette, and WC, along with rear access to a side alley. Elgin, a vibrant town of 24,000 residents, boasts a variety of amenities, including Moray College UHI, and attracts tourists year-round for its distilleries, castles, and golf courses. The property benefits from excellent transport links, with nearby bus and train stations providing easy access to Inverness and Aberdeen. This versatile space is ideal for various retail businesses and offers a stable return with potential for capital appreciation.

This ground floor retail unit, located at 165 High Street, Elgin, offers a prime trading position in the heart of the city centre. Currently leased to the British Heart Foundation until December 2028, this property presents an excellent investment opportunity with a stable annual rent of £14,750.  The current tenant has been in place for 30 years.

Key Features:

- Prominent high street location with high visibility and foot traffic

- Approximately 47 sq m retail area with large windows and double glass door

- 26 sq m storeroom, staff room/kitchenette, and WC

- Rear access to side alley

- Part of a charming terraced period property

Location Highlights:

- Short walk to Elgin's town centre and local amenities

- Proximity to doctors, dentists, sporting facilities, post office, and schools

- Vibrant town with a population of 24,000

- Home to Moray College UHI, serving 10,000 students

- Popular tourist destination known for distilleries, castles, and golf courses

Transport Links:

- Bus and train stations nearby

- Easy access to Inverness (38 miles) and Aberdeen (64 miles)

- Convenient connections to airports with regular flights

This versatile retail space is suitable for various businesses seeking a prominent position in Elgin's bustling city centre. With its prime location and strong tenant covenant, this property offers both a stable income stream and potential for capital appreciation.

Rateable Value
Rateable Value of the property is £13,250.

Tenure
Scottish equivalent of freehold