The town of Elgin is a former cathedral city and a former Royal Burgh and is the administrative and commercial centre for Moray. Elgin is situated on the A96 trunk route which connects the cities of Aberdeen and Inverness. Inverness Airport is 1 hour away and offers routes to mainly UK destinations while Aberdeen Airport provides UK and international routes.
We are pleased to offer to auction this unique opportunity in the Moray town of Elgin. The listing comprises two elements under one title: Non trading bar premises (former Newmarket Bar) at 130 High Street and a 3-bedroom first floor flat at 57 South Street.
We have had no access to The Newmarket Bar although the roof viewed externally is in poor condition. The internal floorspace is unknown but most recently published Rateable Value is £7,000. The property offers the opportunity to refurbish as a trading licenced property but could also offer change of use subject to any required permissions.
The flat at 57 South Street is also in poor condition and would require a full programme of works throughout with the current accommodation comprising lounge, three bedrooms, kitchen and bathroom.
Both properties are deemed to be hazardous and entrances to each have been boarded over. No internal viewings are available.
The keenly positioned Guide Price is likely to encourage strong levels of demand and early expression of interest is recommended.
Exciting development project
Keenly positioned guide price
Residential refurbishment opportunity
Commercial development with potential change of use
Central Elgin location
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• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
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