Future Property Auctions · 22 Oct 2026 · in 3 days
9 North Street Bishopmill, HOT FOOD TENANTED INVESTMENT, Elgin, IV30 4EG
9 North Street Bishopmill, HOT FOOD TENANTED INVESTMENT, Elgin, IV30 4EG · Scotland
LiveIndustrialFreeholdLet
- Opening bid
- £64,000a starting bid, not a guide: lots usually sell well above it
- Rent a year
- £12,000
- Yield on the opening bid
- 19.0%
- Payback
- 5.3 yrs
- Net yield, after buying costs, at the opening bid
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 702 sq ft£17.09 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
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Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Future Property Auctions' record
Future Property Auctions' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold industrial lot in Elgin. Producing £12,000 a year, a 19.0% gross yield at the guide.
Commercial Investment. IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted Elgin town centre commercial property let with passing rent of £12,000 per annum. Highly secure tenant in place since 2010. CLASS 3 HOT FOOD CONSENT IN SUPER TRADING POSITION ON ELGINS North Street Bishophmill. Super trading position, settled occupier trading extremely well. Established business with excellent reputation. Perfect commercial investment with strong local tenant in North Street Bishipmill. Nearby occupiers include Ladbrokes, British Heart Foundation and Specsavers. Free parking close by. HIGHLY PROMINENT FRONTAGE ONTO STREET. Comprises Service area to front, Storage with Fridges, rear kitchen, W/C further storage. Property benefits from a rateable value of £5,400 per annum. 65.20m2. Property is situated on a busy street, benefiting from large footfall traffic provided by the surrounding residential area ***PRIME COMMERCIAL LOCATION***. IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted Elgin town centre commercial property let with passing rent of £12,000 per annum. Highly secure tenant in place since 2010. CLASS 3 HOT FOOD CONSENT IN SUPER TRADING POSITION ON ELGINS North Street Bishophmill. Super trading position, settled occupier trading extremely well. Established business with excellent reputation. Perfect commercial investment with strong local tenant in North Street Bishipmill. Nearby occupiers include Ladbrokes, British Heart Foundation and Specsavers. Free parking close by. HIGHLY PROMINENT FRONTAGE ONTO STREET. Comprises Service area to front, Storage with Fridges, rear kitchen, W/C further storage. Property benefits from a rateable value of £5,400 per annum. 65.20m2. Property is situated on a busy street, benefiting from large footfall traffic provided by the surrounding residential area ***PRIME COMMERCIAL LOCATION***. Tenancy: Type of Agreement: Private Residential Tenancy (PRT). Length: Rollng. Rent: £12,000 per year / £1,000 per month. Yield: 19% (approx). Tenant: Private Individual. Notes: The immediate area is predominantly surrounded by an affluent residential area. Elgin, the administrative and commercial centre of Moray district, is an affluent market town with a resident population of some 21,000 and a primary catchment of approximately 90,000 within a 10 mile radius. Located on the Moray Firth, approximately 40 miles east of Inverness and 65 miles north west of Aberdeen, the town benefits from good road (A96) and rail communications connecting to the respective national networks.
Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.