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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY - former card and gift shop in King Street, Castle Douglas. Busy location. HIGH YIELD potential with realistic rental of up to £1000pm (£12,000pa)

PROPERTY COMPRISES:- Double frontage, entrance, Sales area, office, store/staff room, Toilet. Loft area. Property recently refurbished to high standard and would make an excellent retail store.

.For rental purposes, the property could attract a monthly rental of £900 -1000pcm. This would provide an excellent gross yield of 12.7 - 14.0% if achieved for the guide price. **HIGH YIELD POTENTIAL*

Property benefits from a rateable value of £7,500 per annum. Property boasts an impressive size of 119.88m2. Sure to appeal to investors looking for an affordable commercial investment

Property is situated on a busy street in Castledouglas, benefiting from large footfall traffic - ***prime commercial investment location***

EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY - former card and gift shop in King Street, Castle Douglas. Busy location. HIGH YIELD potential with realistic rental of up to £1000pm (£12,000pa) PROPERTY COMPRISES:- Double frontage, entrance, Sales area, office, store/staff room, Toilet. Loft area. Property recently refurbished to high standard and would make an excellent retail store. .For rental purposes, the property could attract a monthly rental of £900 -1000pcm. This would provide an excellent gross yield of 12.7 - 14.0% if achieved for the guide price. **HIGH YIELD POTENTIAL* Property benefits from a rateable value of £7,500 per annum. Property boasts an impressive size of 119.88m2. Sure to appeal to investors looking for an affordable commercial investment Property is situated on a busy street in Castledouglas, benefiting from large footfall traffic - ***prime commercial investment location***

Occupiers close by include Co-op Food, Bank of Scotland, Post Office and Boots Pharmacy. The town of Castle Douglas is located in South-West Scotland at the northern end of Carlingwark Loch, some 9 miles north of Kirkcudbright and 18 miles south-west of Dumfries. Occupiers close by include Co-op Food, Bank of Scotland, , Scotmid and Boots Pharmacy amongst some other local traders

Full Address: 172 King Street Commercial Investment, Castle Douglas, Dumfriesshire , DG7 1DA

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Pricing Information & Bidding

Guide Price: £91,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 24 October 2024, 3pm
Type: Deadline for Offers

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