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Description

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

INCOME PRODUCING INVESTMENT***Ground floor commercial Unit situated on the main thoroughfare. PRIME POSITION***Held on a FRIL producing £6,500 per annum. Well Established Tenant.

Full repairing and insuring lease on the following terms: Tenant: Personal name t/a Small Print Expiry: 18th August 2022 (Opportunity to re-gear lease) Passing Rent: £6,500p.a.

Internally the property offers customer area to the front with large workspace to the rear. Partitions have been erected to form a tea prep and w.c. facilities.

The subjects have been measured on a Net Internal Area basis to extend to the following floor area: 90.42sqm (973sq ft) Low rent market rent is £9-10,000 PA***

King Street forms the main commercial axis of Castle Douglas—pedestrian-friendly, with broad pavements lined by late-Victorian and early-20th century buildings.

INCOME PRODUCING INVESTMENT***Ground floor commercial Unit situated on the main thoroughfare. PRIME POSITION***Held on a FRIL producing £6,500 per annum. Well Established Tenant. Full repairing and insuring lease on the following terms: Tenant: Personal name t/a Small Print Expiry: 18th August 2022 (Opportunity to re-gear lease) Passing Rent: £6,500p.a. Internally the property offers customer area to the front with large workspace to the rear. Partitions have been erected to form a tea prep and w.c. facilities. The subjects have been measured on a Net Internal Area basis to extend to the following floor area: 90.42sqm (973sq ft) King Street forms the main commercial axis of Castle Douglas—pedestrian-friendly, with broad pavements lined by late-Victorian and early-20th century buildings.

The subjects are situated on the South side of King St, South of its junction with Castle St within the town centre of Castle Douglas. King Street forms the main commercial axis of Castle Douglas—pedestrian-friendly, with broad pavements lined by late-Victorian and early-20th century buildings. Castle Douglas, a vibrant market town in Dumfries & Galloway situated between Dalbeattie and Gatehouse of Fleet, Castle Douglas lies beside Carlingwark Loch and serves as the heart of the Stewartry region

Full Address: 84 King Street, Tenanted Investment, Castle Douglas, DG7 1AD

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling
Rent: £6,500 per year / £542 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Tenant: Personal name t/a Small Print Expiry: 18th August 2022 (Opportunity to re-gear lease) Passing Rent: £6,500p.a. Operating on Tacit Since 2022

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Pricing Information & Bidding

Opening Bid: £55,000

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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 17 July 2025, 10am-3pm
Type: Timed Online Auction

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