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118  High Street, Restaurant and Flat  Annan

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Description

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

PRIME INVESTMENT OPPORTUNITY*** FULL BUILDING***Restaurant 1200sqft and 3-4 bedroom first floor self contained flat well located in the centre of Annan. Rental potential of £27,000 pa once fully let.

Spacious restaurant open ground floor area with partitions to the rear offering kitchen, staff facilities and toilet facilities with self contained LARGE 3/4 bedroom flat above and 8 parking spaces.

VACANT SUPER SIZE (Ground floor approx 1200ft) GREAT LOCATION within busy town centre with HIGH LEVELS OF PASSING TRADE. Highly prominent frontage in highly visible location.

Large former Indian Restaurant (rental potential £18,000 per annum. Self contained LARGE 3/4 bedroom flat above (rent potental £9000 PA £750 PCM) ***IDEAL RENTAL***

The property situated on the north side of High Street close to its junction with Downies Wynd in Annan’s town centre. Bypassed by the A75 trunk road which provides a connection to the M74 at Gretna.

PRIME INVESTMENT OPPORTUNITY*** FULL BUILDING***Restaurant 1200sqft and 3-4 bedroom first floor self contained flat well located in the centre of Annan. Rental potential of £27,000 pa once fully let. Spacious restaurant open ground floor area with partitions to the rear offering kitchen, staff facilities and toilet facilities with self contained LARGE 3/4 bedroom flat above and 8 parking spaces. VACANT SUPER SIZE (Ground floor approx 1200ft) GREAT LOCATION within busy town centre with HIGH LEVELS OF PASSING TRADE. Highly prominent frontage in highly visible location. Large former Indian Restaurant (rental potential £18,000 per annum. Self contained LARGE 3/4 bedroom flat above (rent potental £9000 PA £750 PCM) ***IDEAL RENTAL*** The property situated on the north side of High Street close to its junction with Downies Wynd in Annan’s town centre. Bypassed by the A75 trunk road which provides a connection to the M74 at Gretna.

High Street in Annan, Dumfries and Galloway, is the main commercial thoroughfare in this historic market town located near the Solway Firth. Annan, which lies close to the English border, has a rich history dating back to medieval times and is known for its ties to the River Annan, which flows through the town. High Street is home to a variety of shops, cafés, pubs, and local businesses, serving both the local community and visitors. The architecture along the street reflects the town's history, with several older stone buildings mixed with more modern structures. Annan’s High Street often serves as a hub for local events, such as markets or festivals, bringing the community together. Key landmarks in Annan include the Annan Museum, which showcases the town's history, and the Victorian Annan Bridge, which crosses the river nearby. High Street's location makes it a convenient starting point for exploring the wider area, including the surrounding countryside, Solway Coast, and historical sites.

Full Address: 118 High Street, Restaurant and Flat, Annan, DG12 6DP

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Pricing Information & Bidding

Opening Bid: £63,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Buy Now Price = £119,000

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Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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