Timed Online Auction

25 August 2022, 10am-3pm

Bidding Closes in

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

Description

Full Address: 17 Glasgow Street, Town Centre Retail Investment, Dumfries, DG2 9AF

Ground Floor Retail Space Facing Main Public Car Park. Rates Exempt & VAT Free. Class 1 Consent. Rental Potential circa £5,000pa.

The property is situated on the west side of Glasgow Street, north of its junction with Galloway Street on a busy thoroughfare along the esplanade facing the Rover Nith in the town of Dumfries

Neighbouring occupiers includes convenience store, Indian Palms tale away, post office and William Murray Pharmacy.

The property comprises a ground floor, mid-terrace commercial unit set within a larger 2 storey, primarily commercial parade surmounted by a pitched roof overlaid in slate.

The property has been measured on a net internal area basis and calculated to extend to the following floor area; Ground: 17sqm (183sq ft)

The property comprises a ground floor, mid-terrace commercial unit set within a larger 2 storey, primarily commercial parade surmounted by a pitched roof overlaid in slate. The property offers a single display window and single door entry. Internally the property would benefit from minor redecoration, currently the shop is formed with open plan customer area, small counter and rear workshop space with WC facilities at the rear Area The property has been measured on a net internal area basis and calculated to extend to the following floor area; Ground: 17sqm (183sq ft) NAV/RV The property has been assessed and entered onto the valuation roll with the following NAV/RV £1,900

The property is situated on the west side of Glasgow Street, north of its junction with Galloway Street on a busy thoroughfare along the esplanade facing the Rover Nith in the town of Dumfries Dumfries is the largest town in Dumfries and Galloway with a resident population of c. 37,500 and is Southern Scotlandís main shopping and commerce centre approximately 75 miles south of Glasgow via the M74 motorway network and the A75 trunk road. Neighbouring occupiers includes convenience store, Indian Palms tale away, post office and William Murray Pharmacy.

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Location

Pricing Information & Bidding

Opening Bid: £18,000

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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.75% of Sale Price (Minimum £2,750 + 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: 25 August 2022, 10am-3pm
Type: Timed Online Auction

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