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Special Terms of Sale

  • Buyers Fee (?) 3% of Sale Price (Minimum of £2000 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Description

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

Total – 2,32 sq ft OUTSTANDING INVESTMENT OPPORTUNITY. Ground floor commercial property with attic storage and WC facilities. Was historially sold for £82,000. Rental Estimate = £150per week £7,500pa.

Internally the premises provides space over ground floor with attic space for storage with WC facilities previously used as shop. The space could be utilised for similar use or redevelopment.

Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location in Castle Douglas. Qualifies for 100% rates relief

LOCATED WITHIN A POPULAR TOURIST TOWN The town is a gateway to the scenic beauty of Galloway and its attractions, such as Threave Gardens and Estate and Threave Castle.

Suitable for a variety of uses subject to planning. All queries in relation to planning should be directed to the local planning department

Was historially sold for £82,000. Rental Estimate = £150per week £7,500pa. Total – 2,32 sq ft OUTSTANDING INVESTMENT OPPORTUNITY. Ground floor commercial property with attic storage and WC facilities. Internally the premises provides space over ground floor with attic space for storage with WC facilities previously used as shop. The space could be utilised for similar use or redevelopment. Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location in Castle Douglas. Qualifies for 100% rates relief. LOCATED WITHIN A POPULAR TOURIST TOWN The town is a gateway to the scenic beauty of Galloway and its attractions, such as Threave Gardens and Estate and Threave Castle. Suitable for a variety of uses subject to planning. All queries in relation to planning should be directed to the local planning department

Castle Douglas is located approximately 18 miles south west of Dumfries and has a resident population in excess of 4,500 persons. The town benefits from an expanding tourist industry and is bypassed by the A75 truck road which links the ferry port at Cairnryan with the M74 motorway at Gretna. Occupiers close by include Co-op Food, Bank of Scotland, Wilkies, Scotmid and Boots Pharmacy amongst some other local traders

Full Address: The Corner Shop 110 Cotton Street, Castle Douglas, Kirkcudbrightshire, DG7 1DG

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Pricing Information & Bidding

Opening Bid: £17,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. 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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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £2,000 + 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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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction

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