Former Business Centre with redevelopment potential in Elgin set to go under the hammer at Shepherd Commercial Property Auction
Prospect Lodge, a former Business Centre with redevelopment potential in Elgin, is set to go under the hammer in a live-streamed commercial property auction on Thursday 16th April at 2.30pm with a guide price of £295,000.
Elgin is situated 66 miles northwest of Aberdeen and 39 miles southeast of Inverness. Within the Moray Council area, Elgin is the main administrative, business and service centre with Forres, Buckie, Lossiemouth and Keith being classified as secondary settlements.
As the administrative centre of Moray, Elgin houses the HQ offices of Moray Council. Elgin is also the regional retailing centre and an important centre for education, tourism, agricultural industries, the general service sector, healthcare, food and drink and the textile and distilling industries.
The town lies in the heart of the world-famous Speyside Whisky country and together with ready access to the Cairngorm National Park and the Malt Whisky Trail this ensures Elgin is a popular tourist destination.
Prospect Lodge occupies a prominent location on Mayne Road only a few minutes’ walk from the main High Street and the town centre. Access to the building is on both Mayne Road and from the rear car park on South Street a busy thoroughfare which links directly to Hay Street forming part of the main A941.
The surrounding area is primarily residential in nature and includes several local businesses, a primary school plus boutique hotels and B&B establishments. Dr Grays Hospital, a key NHS Grampian district general hospital is also located nearby.
The property comprises an attractive detached two storey and attic, three bay Georgian ‘B’ Listed building of stone and slate construction, built circa 1827. The building retains many of its original ornate features. The rooms have high ceiling heights with decorative coving and large windows allowing a high degree of natural light.
Linda Cameron, surveyor at Shepherd, said: “The property has most recently operated as a business centre providing 12 rooms used as a mix of offices and therapy suites across all floors. Such uses could continue or the property may present a redevelopment opportunity, subject to planning.
“Ample IT and electrical points are installed throughout in addition to a high-speed internet connection. Each floor within the building has toilet and kitchen facilities. There is a car park accessed off South Street at the rear which provides 10 car parking spaces. The building is DDA compliant with ramped access provided at the rear.”
The online auction will be held on Thursday 16th April at 2.30pm and interested parties should register at https://www.shepherd.co.uk/auctions-remote-bidding/.
ENDS
For further information please contact Linda Cameron tel 07789 004260.