Tenanted Commercial Property LOT 124

39 Galloway Street, Dumfries, DG2 7TN
OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

Bidding Closes in

View Live Online Auction Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 39 Galloway Street, Dumfries, DG2 7TN

HIGHLY PROMINENT commercial/ retail location within Dumfries Town Centre. Immediate rental income of £230pcm (£2,760 PER ANNUM). Settled long term tenant in place since 2014 -Well established business

SUPER LOCATION close to the heart of the busy town centre within the main commercial/ retail location in the South of Scotland.

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 main road.

EXCELLENT TRADING POSITION close to the heart of Dumfries town centre with high levels of passing footfall. Super addition to any portfolio with excellent return on Investment.

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.

HIGHLY PROMINENT commercial/ retail location within Dumfries Town Centre. Immediate rental income of £230pcm (£2,760 PER ANNUM). Settled long term tenant in place since 2014 -Well established business. SUPER LOCATION close to the heart of the busy town centre within the main commercial/ retail location in the South of Scotland. 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 main road. EXCELLENT TRADING POSITION close to the heart of Dumfries town centre with high levels of passing footfall. Super addition to any portfolio with excellent return on Investment. 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.

Very prominent busy main road. Dumfries is the principal shopping and administrative centre in the Dumfries and Galloway region of southwest Scotland, with a population of around 37,500. The town lies approximately 75 miles south of Glasgow, 34 miles northwest of Carlisle and is bypassed by the A75 trunk road. The town’s retail catchment includes other nearby towns and villages, together with the surrounding rural hinterland.

Show More

Tenancy Details

Type of Agreement:
Length:
Rent: £2,760 per year / £230 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

Document Downloads

LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Opening Bid: £24,000

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.

View Live Online Auction

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.

Submit Offer Now

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

View Full Auction Catalogue

Similar Properties


Lot 105
£234,000 OPENING BID
  • PRIME GRADE A TENANTED INVESTMENT let at £26,000 per annum to Betfred on FRI lease with t...
Lot 122
£145,000 OPENING BID
  • Highly prominent TOWN CENTRE retail unit. Currently LET at £20,000 PER ANNUM on 5 Year Le...
Lot 14
£67,000 GUIDE PRICE
  • Prime Commercial Premises with CLASS 3 CAFE USE located on High Street, Dalbeattie. ***Pr...