Property Details
Pugh Auctions
Lot 055
Lot 055
Auction: October Auction 2015

19 Batchen Street, Elgin, Moray, Scotland, IV30 1BH

Property Details
Location

Located in the historic town of Elgin which is approximately 40 miles north east of Inverness and 65 miles north west of Aberdeen in Moray. The property is located on Batchen Street in the centre of Elgin. Batchen Street is a secondary retail pitch which is accessed directly from the main retail offering on the High Street.

Description

Two storey double fronted end terrace comprising a retail unit to the ground floor trading as a Post Office approximately 159 sq m (1,712 sq ft).

Accommodation

The following details have been taken from the Scottish Assessors Association website: Ground Floor: 78 sq m (840 sq ft) First Floor: 81 sq m (872 sq ft) Total: 159 sq m (1,712 sq ft)

Approx Site Area

Approximately 116 sq m (139 sq yds).

Tenure

Freehold.

Tenancy

The property is let for a term of 10 years from the 25th January 2011 at a rent of รบ25,000 with a break option on the 25th January 2016.

VAT

VAT is payable on the purchase price unless the necessary conditions are satisfied for the sale to be treated as a TOGC.

Addendum

The tenant has serves notice to terminate the lease on 25th January 2016. VAT is payable on the purchase price unless the necessary conditions are satisfied for the sale to be treated as a TOGC. The lease is subject to a schedule of condition.

Property Location Address:
19 Batchen Street,
Elgin,
Moray,
Scotland,
IV30 1BH
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Auction Details
Auction: October Auction 2015 Date: 22nd October 2015 Lot Number: 055 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Manchester City Football Club,
Manchester,
M11 3FF

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