Studio flat for sale

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.- 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 propertyLocation 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 coursesTransport Links:- Bus and train stations nearby- Easy access to Inverness (38 miles) and Aberdeen (64 miles)- Convenient connections to airports with regular flightsThis 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 ValueRateable Value of the property is ?13,250.TenureScottish equivalent of freehold