Vacant Commercial Property LOT 85

175 High Street, Dumfries, DG1 2QT
GUIDE PRICE

Deadline for Offers

14 May 2021, 4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 175 High Street, Dumfries, DG1 2QT

Prominent TOWN CENTRE retail unit within EXCELLENT TRADING LOCATION in Dumfries. Previously Let at 60,000P/A on FRI Lease. Nearby occupiers include Royal Bank of Scotland, Argos & Starbucks. *** 175 High Street, Dumfries subjects previously sold in 2003 for 824,000.

PRIME SPOT on busy HIGH STREET. Ideal investment property in town centre priced for a fast sale WOULD GENERATE A FANTASTIC INVESTMENT RETURN. Would let easily. Ideal long term investment.

EXCELLENT TRADING POSITION close to the heart of Dumfries town centre with high levels of passing footfall. Super addition to any portfolio with High Yield potential.

FANTASTIC LOCATION close to the heart of the main shopping/ commercial district of Dumfries and Galloway's main town with excellent footfall and highly visible frontage to an extremely busy street.

Dumfries is the principal shopping and administrative centre in the Dumfries and Galloway region of southwest Scotland, with a population of around 40,000. Located on M74 and A75 trunk roads.

Prominent TOWN CENTRE retail unit within EXCELLENT TRADING LOCATION in Dumfries. Previously Let at 60,000P/A on FRI Lease. Nearby occupiers include Royal Bank of Scotland, Argos & Starbucks. Located on pedestrianised High Street, adjacent to Iceland, with Starbucks, Ryman and Argos. Internally, the property has been fitted in accordance with the former tenants corporate specifications, with sales area at ground floor, W/C , tea prep area and storage are located on the first floor. Ground: 105.52sqm (1,136sq ft) 1st Floor: 89.65sqm (965sq ft) Total: 195.2sqm (2,101sq ft) *** NO VAT PAYABLE, property not vat elected. *** The property is situated on the south west side of High Street, south of its junction with Church Street within Dumfries town centre. FANTASTIC LOCATION close to the heart of the main shopping/ commercial district of Dumfries and Galloway's main town with excellent footfall and highly visible frontage to an extremely busy street. EXCELLENT TRADING POSITION close to the heart of Dumfries town centre with high levels of passing footfall. Super addition to any portfolio with High Yield potential. PRIME SPOT on busy HIGH STREET. Ideal investment property in town centre priced for a fast sale WOULD GENERATE A FANTASTIC INVESTMENT RETURN. Would let easily. Ideal long term investment.

The property is situated on the south west side of High Street, south of its junction with Church Street within Dumfries town centre. DUMFRIES, with a population of around 37,500 persons, is the largest town in Dumfries and Galloway, and southwest Scotland's main shopping and administrative centre. The town lies approximately 75 miles south of Glasgow and 34 miles northwest of Carlisle, and occupies a strategic location at the intersection of the A75, A76 and A701 trunk roads. The A709 provides the shortest link to the A74 (M) motorway at Lockerbie, which is some 12 miles distant.

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Location

Pricing Information & Bidding

Guide Price: £165,000


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 = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 14 May 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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