151 High Street Elgin Morayshire IV30 1DS

151 High Street
Elgin
Morayshire
IV30 1DS

Heritable Bank Investment

  • Prominent High Street location within Elgin town centre
  • Over 10 years unexpired to Clydesdale Bank PLC
  • Within the pedestrianised High Street close to the St Giles Shopping Centre
  • Neighbouring occupiers include Boots the Chemist, WH Smith, Starbucks and M&Co
  • Six Week Completion
  • Lot
    39
  • Auction
    11th December 2014
  • Rent
    £84,365 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of CBRE Global Investors
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Bank Investment

  • Prominent High Street location within Elgin town centre
  • Over 10 years unexpired to Clydesdale Bank PLC
  • Within the pedestrianised High Street close to the St Giles Shopping Centre
  • Neighbouring occupiers include Boots the Chemist, WH Smith, Starbucks and M&Co
  • Six Week Completion
  • Lot 39
  • Auction 11th December 2014
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of CBRE Global Investors

Property Information

Location
Miles
40 miles east of Inverness 65 miles north west of Aberdeen
Roads
A96
Rail
Elgin Station (First ScotRail)
Air
Inverness Airport (31 miles east)
Situation

The property is situated in a prominent position on the northern side of the High Street, close to the junction with North Street and on the pedestrianised section of the street. This section of the High Street together with the St Giles Shopping Centre forms the principal shopping location in the town.

Tenure

Heritable. (Scottish Equivalent of English Freehold)

Location
Miles
40 miles east of Inverness 65 miles north west of Aberdeen
Roads
A96
Rail
Elgin Station (First ScotRail)
Air
Inverness Airport (31 miles east)
Situation

The property is situated in a prominent position on the northern side of the High Street, close to the junction with North Street and on the pedestrianised section of the street. This section of the High Street together with the St Giles Shopping Centre forms the principal shopping location in the town.

Tenure

Heritable. (Scottish Equivalent of English Freehold)

Description

The property comprises a modern bank building with the bank operating from ground and part first floors. There are self contained offices on part first and second floors accessed from the High Street. The property benefits from car parking to the rear.

VAT

VAT is not applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis (Telephone: +44(0)131 554 1705 or Gwen Thomas (Telephone: +44 (0)20 7034 4857).

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a modern bank building with the bank operating from ground and part first floors. There are self contained offices on part first and second floors accessed from the High Street. The property benefits from car parking to the rear.

VAT

VAT is not applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis (Telephone: +44(0)131 554 1705 or Gwen Thomas (Telephone: +44 (0)20 7034 4857).

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversions)
Ground

First
First (2)
Second (2)
Banking Hall/
Ancillary
Ancillary
Office
Office
292.17 sq m

95.69 sq m
163.97 sq m
143.53 sq m
(3,145 sq ft)

(1,030 sq ft)
(1,765 sq ft)
(1,545 sq ft)
CLYDESDALE
BANK PLC (1)
15 years from 07/10/2010
until 06/10/2025
£84,365 07/10/2015
07/10/2020
Totals
695.36 sq m
(7,485 sq ft)
    £84,365

(1) Clydesdale Bank was established in Glasgow in 1838 and became a member of National Australia Group in 1987, with over 140 retail branches and a network of
business and private banking centres, Clydesdale is one of Scotland’s largest banks (Source: www.cbonline.co.uk). As at 30th September 2013, Clydesdale Bank
plc reported a pre-tax loss of £33m and a net worth of £2.41bn. (Source: Experian 14/11/2014)
(2) Offices are sublet. Details available on request.

Property Documents

  • Site Plan
    Updated Date
    18.11.14
    File Size
    102 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    819 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Harper Macleod LLP The Ca'd'oro, 45 Gordon Street
Glasgow
G1 3PE
David Bell 0141 227 9318david.bell@harpermacleod.co.uk  Paul Greenhill 0141 227 9340paul.greenhill@harpermacleod.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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