Vacant Commercial Property LOT 238

24 Victoria Street, Newton Stewart, DG8 6BT
OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

Bidding Closes in

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

Description

Full Address: 24 Victoria Street, Newton Stewart, DG8 6BT

**SUPER COMMERCIAL INVESTMENT OPPORTUNITY** Ground floor retail unit located in the heart of the popular market town of Newton Stewart, Dumfries and Galloway. Previously let for 8,000 per annum.

Internally, the subjects comprise; large, open-plan retail space with private office, storage, kitchen and w.c. facilities. Extremely prominent frontage onto the busy Victoria Street with high levels of passing footfall.

SUPER SIZE- 1,375 sq ft with potential for multiple uses within busy town centre. Potential for use as barber shop or cafe/ take-away subject to gaining necessary consent. Property exempt from rates whilst vacant.

Property previously let for 8,000 per annum within HIGH DEMAND RENTAL LOCATION close to Sainsbury's, CO-OP, Virgin Money and a number of well-established local businesses. HIGH LEVELS OF PASSING TRAFFIC

Regular bus services stop in Newton Stewart including bus connections to Ireland and south to London. Ferry services to Northern Ireland can be found at the port of Cairnryan, 27 miles away.

**SUPER COMMERCIAL INVESTMENT OPPORTUNITY** Ground floor retail unit located in the heart of the popular market town of Newton Stewart, Dumfries and Galloway. Previously let for 8,000 per annum. Internally, the subjects comprise; large, open-plan retail space with private office, storage, kitchen and w.c. facilities. Extremely prominent frontage onto the busy Victoria Street with high levels of passing footfall. SUPER SIZE- 1,375 sq ft with potential for multiple uses within busy town centre. Potential for use as barber shop or cafe/ take-away subject to gaining necessary consent. Property exempt from rates whilst vacant. Property previously let for 8,000 per annum within HIGH DEMAND RENTAL LOCATION close to Sainsbury's, CO-OP, Virgin Money and a number of well-established local businesses. HIGH LEVELS OF PASSING TRAFFIC Regular bus services stop in Newton Stewart including bus connections to Ireland and south to London. Ferry services to Northern Ireland can be found at the port of Cairnryan, 27 miles away.

Newton Stewart is a market town with a good range of shops, primary and secondary schools, library, museum, churches, banks, post office, hotels, tea-rooms, cinema, leisure centre, bowling green, health centre and a cottage hospital with a minor injuries unit. It is known as the gateway to the Galloway Hills. The town of Newton Stewart is located about 71 miles from the M74 motorway network by road and 80 miles from Glasgow, 85 miles from Carlisle and 125 miles from Edinburgh. Railway stations at Barrhill, Stranraer, Dumfries and Lockerbie and the nearest airport is Prestwick. Regular bus services stop in Newton Stewart including coaches to Ireland and London. Ferry services to Northern Ireland can be found at the port of Cairnryan, 27 miles away.

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Location

Pricing Information & Bidding

Opening Bid: £48,000

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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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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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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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