Riverside Road - Land at Riverside Road, Elgin 0.23 Acres of Commercial Land Offered at £150,000 in Elgin IV30 6LS
INVESTMENT HIGHLIGHTS
- Prominent roadside location
- Nearby occupiers include Costa Coffee, KFC, McDonalds, etc.
- Connection to main services
EXECUTIVE SUMMARY
Offers over £150,000 are sought. We understand that the Subjects have been elected for VAT, therefore VAT is applicable on the sale price, at the standard rate.
PROPERTY FACTS
| Price | £150,000 |
| Sale Type | Investment |
| Sale Condition | Direct Exchange |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.23 AC |
1 LOT AVAILABLE
Lot
| Price | £150,000 |
| Price Per AC | £652,173.91 |
| Lot Size | 0.23 AC |
The Subjects comprise a roughly rectangular site extending to 0.23 acres (0.093 hectares) with potential for a restaurant / drive-thru development. Any purchaser will require to satisfy themselves regarding any future development potential.
DESCRIPTION
Elgin lies approximately 39 miles east of Inverness and some 66 miles North West of Aberdeen. The Subjects are located on a highly prominent site on Riverside Road, on the eastern side of Elgin, with direct links to the A96 trunk Road. This is an established commercial area which has seen recent growth with new development.
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