3 bed property

The property at 104 South Street and 1 Pluscarden Road in Elgin is a mixed-use property consisting of two securely let commercial units and a spacious upper floor residential dwelling. The commercial units occupy prominent positions with high visibility and foot traffic, with strong tenant demand and short supply of available rental accommodation. The units are 104 South Street includes a hairdresser and produces an annual rent of £6,000, and 1 Pluscarden Road is let to a florist and produces an annual rent of £4,800. The residential property is currently occupied and has an estimated rental value of £14,400 per annum. The property also features a private courtyard, sunroom, and detached garage, providing a well-balanced proposition for investors with immediate income and scope for future growth. The commercial units have established rental streams with leases running until August 2030.