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Riverside Road - Land at Riverside Road, Elgin

0.23 Acres of Commercial Land Offered at $266,708 CAD in Elgin IV30 6LS

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Investment Highlights

Prominent roadside location
Nearby occupiers include Costa Coffee, KFC, McDonalds, etc.

Connection to main services

Executive Summary

Offers over £150,000 are sought. We understand that the Subjects have been elected for VAT, therefore VAT is applicable on the sale price, at the standard rate.

Land at Riverside Rd brochure

Property Facts

Price	$266,708 CAD	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Direct Exchange	Proposed Use	Commercial
Tenure	Freehold	Total Lot Size	0.23 AC
No. Lots	1

Price	$266,708 CAD
Sale Type	Investment
Sale Conditions	Direct Exchange
Tenure	Freehold
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	0.23 AC

1 Lot Available

Lot

Price	$266,708 CAD	Lot Size	0.23 AC
Price Per AC	$1,159,600 CAD

Price	$266,708 CAD
Price Per AC	$1,159,600 CAD
Lot Size	0.23 AC

The Subjects comprise a roughly rectangular site extending to 0.23 acres (0.093 hectares) with potential for a restaurant / drive-thru development. Any purchaser will require to satisfy themselves regarding any future development potential.

Description

Elgin lies approximately 39 miles east of Inverness and some 66 miles North West of Aberdeen. The Subjects are located on a highly prominent site on Riverside Road, on the eastern side of Elgin, with direct links to the A96 trunk Road. This is an established commercial area which has seen recent growth with new development.

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