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

South Street, Elgin, IV30 1JB

Offers In Excess Of £375,000Freehold

322

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Mixed Commercial and Residential
2 commercial units
Excellent location
Private courtyard
Detached garage with development potential
3 bedroom apartment

Description

Located in central Elgin, 102 South Street is a traditional stone-built detached house with spacious rooms and an enclosed garden. It offers easy access to shops, cafes, and leisure facilities. The property includes two ground floor commercial units and a large residential dwelling on the first and second floors, with reception rooms, bedrooms, bathrooms, a courtyard, sunroom, and a detached garage with development potential. The commercial units feature retail/office spaces and a former café/bistro. This versatile property provides excellent commercial and residential opportunities.

Situated in the heart of Elgin, 102 South Street is a traditional stone-built detached house with generous room sizes and a wrap-around enclosed garden. This central location provides easy access to local amenities, including high-street shops, cafes, and the St Giles Shopping Centre. Nearby leisure options include the Moray Playhouse Cinema, Elgin Library, and Cooper Park. Fitness enthusiasts can enjoy facilities at the Moray Leisure Centre and Anytime Fitness. Educational institutions such as Bishopmill Primary School, Elgin Academy, and Moray College UHI are within a short drive. Comprehensive medical services are available at Elgin Health Centre and Dr Gray’s Hospital, with several dental practices and pharmacies nearby. Elgin is a hub for various industries, including food and drink, retail, and tourism, with ongoing regeneration projects promising further economic growth. Elgin Railway Station offers regular services to Aberdeen and Inverness, and Inverness Airport is approximately 50 miles away. The property is approximately 65 miles from Aberdeen and 40 miles from Inverness, both accessible via the A96 road.



The property at 102 South Street combines traditional architecture with modern living in a vibrant community. It includes two ground floor commercial units and a spacious residential dwelling spanning the first and second floors. The commercial units feature retail/office spaces and a café/bistro, while the residential area includes multiple reception rooms, bedrooms, and bathrooms. Additional features include a private courtyard, sunroom, and a detached garage with development potential (subject to planning permission). The commercial unit at 1 Pluscarden Road includes a retail/office space with a large frontage, a rear kitchen/staff area, a store/work area with a WC, and private access. The second commercial unit at 104 South Street, previously a café and bistro, accommodates approximately 20 covers and includes dual aspect windows, an open-plan cooking area, a rear kitchen, a food prep area, a dishwash area, ample storage, and a WC. The residential accommodation features a spacious lounge, a well-appointed kitchen, double bedrooms with ample storage, and bathrooms with modern amenities. The property offers excellent commercial and residential opportunities in a prime location, with early viewing recommended to appreciate its versatility.


Council Tax & Rateable Value
1 Pluscarden Road: ÂŁ2,500
104 South Street: ÂŁ5,600
102 South Street: Council Tax Band C

Tenure
Scottish equivalent of freehold

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,973 /mo.25 Years, 5% Interest
Loan
ÂŁ337,500
Total Repay
ÂŁ591,897

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ7,250
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 1.93%

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