A heritable property, situated close to the town centre in Elgin, is being offered at a guide price of £100,000 at the Acuitus auction on 7 November.
The 16,602 sq ft property comprises a detached three storey office block with basement and benefits from a large number of on-site car parking spaces.
Currently providing vacant possession, there is great opportunity for redevelopment, subject to consents.
Elsewhere, in Aberdeen, the heritable upper floors of the Buchanan House will be offered at the auction at a guide price of £150,000.
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The vacant property occupies the first and second floors of the building, and has planning consent for 10 flats.
Mhairi Archibald of Acuitus comments: “The cost of redevelopment has been challenging in recent times, however, with reducing finance costs one would expect to see entrepreneurial buyers looking for development/conversion opportunities, such as these”.
The Acuitus auction will take place on 7 November at 1pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and by proxy. Further details here.
