PRIME NEW LISTING. We are excited to present this Mixed used Commercial property, with an actively trading pub with 5x letting rooms and a 1-bed flat located within a prime location in Dumfries.
This exciting, licensed opportunity is situated in a highly sought-after trading location, offering the potential for impactful reopening and successful trading right from the start.
With its substantial size and scope, this property holds exceptional potential for residential conversion, subject to local authority planning consent—presenting a unique development opportunity.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area.
Location
Dumfries is a charming town known for its rich history and beautiful scenery. It offers a vibrant community atmosphere with a variety of local amenities, making it an ideal location for both business and leisure.
Accommodation
The property comprises a welcoming bar area, spacious breakfast room, five tastefully furnished letting rooms (one with ensuite), a modern shower room, additional WC, and a well-appointed 1-bedroom flat perfect for owner or staff accommodation. Furthermore, it benefits from private parking on-site.
Terms
Guide Price - £245,000
**Current Rateable Value £4,400, so would qualify for business rates relief**
Currently generating a monthly turnover of £16,666 (£200,000 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield of 81%—demonstrating incredible high-yield potential.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.