Tenanted Commercial Property LOT 105

137 High Street, Annan, DG12 6EB
OPENING BID

Timed Online Auction

02 December 2021, 10am-3pm

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

Description

Full Address: 137 High Street, Annan, DG12 6EB

Tenanted Town centre commercial unit located in HIGH FOOTFALL location. IMMEDIATE RETURN ON INVESTMENT.

PRIME INVESTMENT OPPORTUNITY. Current LET at 2,640 PER ANNUM. EXCELLENT trading location. The subjects occupy a prominent position on busy High Street.

Ground floor Tenanted commercial unit extending to approx. 365.97 Sq. Ft (34 Sqm.) Town Centre Location Established Retail Parade.

SUPER SPOT in established location nearby occupiers include Greggs, Boots pharmacy, Subway, Bank of Scotland, Farmfoods, McColls and Vision Express.

Annan is a popular market town situated in Southwest Scotland approx. 15 miles from Dumfries and 20 miles from Carlisle. The town is located only 10 minutes from the M74/M6 motorway.

Tenanted Town centre commercial unit located in HIGH FOOTFALL location. IMMEDIATE RETURN ON INVESTMENT. PRIME INVESTMENT OPPORTUNITY. Current LET at 2,640 PER ANNUM. EXCELLENT trading location. The subjects occupy a prominent position on busy High Street. Ground floor Tenanted commercial unit extending to approx. 365.97 Sq. Ft (34 Sqm.) Town Centre Location Established Retail Parade. SUPER SPOT in established location nearby occupiers include Greggs, Boots pharmacy, Subway, Bank of Scotland, Farmfoods, McColls and Vision Express. Annan is a popular market town situated in Southwest Scotland approx. 15 miles from Dumfries and 20 miles from Carlisle. The town is located only 10 minutes from the M74/M6 motorway.

Annan is a popular market town situated in Southwest Scotland approx. 15 miles from Dumfries and 20 miles from Carlisle. The town is located only 10 minutes from the M74/M6 motorway. Resident population of around 9,000.

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Tenancy Details

Type of Agreement:
Length: until 1st July 2022
Rent: 2,640 per year / 220 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

Document Downloads

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Location

Pricing Information & Bidding

Opening Bid: £23,000

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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: 02 December 2021, 10am-3pm
Type: Timed Online Auction

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