Springfield Retail Park, Elgin, IV30 6WQ
Availability
Let
Rent
Rent on application
Description
Open Class 1 (non-food) retail park comprising 11 units, with 420 car parking spaces.
Location
Elgin is on the southern Moray Coast, 1 hour east of Inverness and 1.5 hours north west of Aberdeen. Springfield retail Park is located ¾ of a mile south of the town centre.
Key Points
- Dominant retail park, adjacent to B&Q and opposite a 24 hour Asda.
- Captive catchment of c.117,000 residen
- Elgin is the commercial centre for Moray, home to RAF Lossiemouth, Walkers Shortbread, the Speyside Malt Whisky Trail and Gordonstoun School.
- WAULT of 8 years (6.3 years to the breaks).
- Strong tenants including B&M, Costa, Boots, JD Sports, Pets at Home with 73% of the income secured against low risk Creditsafe covenants.
- Offer are invited, exclusive of VAT. For guidance on pricing and yield please call Duart Keith on 0131 558 5144.
- Rent - £1,744,765 per annum – average rate of £16.79 per sq ft, with an ERV of £1,813,780 per annum.
Size
104,000 sq ft (9,661.00 sq m)