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
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• 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.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 1% of the purchase price subject to a minimum of £3000 including VAT. More details can be obtained on application.
Auction House Scotland are registered with HMRC and carry out due diligence on all of our clients, please ask for more information on identification required prior to entering into a contract. Should an electronic Veriphy be necessary, a cost of £10 inc VAT is payable prior to application, more information on request.
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated
This auction is now closed.
Connecting to server...
Call the team on 0141 339 4466 for more information
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.