Investment Properties for sale in Elgin

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Profitable Investment Opportunity

Elgin, Moray, Scotland

  • Freehold Price: £2,800,000
Seller Reference: 1659019
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Business Description
 
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Seller Reference: 1659019
Request Details
Business Description
CCL is delighted to bring to the market an investment opportunity which provides premium office space to a mix of small, medium and national businesses. Our client has capitalised on a growing market and high demand for this type of property over the last decade, and is the regional market leader.

The business is being offered on a freehold basis. There are a variety of tenants in place with various lease terms ranging from 3 to 15 years. Total annual income is in excess of £240,000 generating a return on investment of 8%. All the buildings are automated to minimise staff requirements and maximise returns.

The tenant roster includes national and multi-national businesses as well as long-established local SMEs. With a tenant mix spread across sectors and organisational sizes, this investment provides a strong defence against economic downturn and other external risks, such as Brexit. The make-up of the local economy provides a solid foundation for investment in uncertain times.

Situated in the heart of local communities with long-established international industries, the properties service a local economy which is growing with significant investment from both the public and private.

Further information will be released when interested parties have signed a Non Disclosure Agreement.

Offers in the region of £2,800,000 will be considered.
Tenure:
Freehold
Listed by:
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