The subjects comprise two linked two storey, attic and basement townhouses. The section of the ground floor which forms the ‘Waverly Bar’ is excluded as this is held in separate ownership. The property is of stone/brick construction under slated roofs, including mansard detailing together with a number of dormer windows. There is also an attractive tower section. Windows comprise uPVC casements incorporating sealed doubleglazed units.
Location
DUMFRIES, with a population of around 37,500, is the largest town in Dumfries and Galloway and is south west Scotland’s main shopping and administrative centre. The town lies approximately 75 miles south of Glasgow and 34 miles northwest of Carlisle, occupying a strategic location at the intersection of the A75, A76 and A701 trunk roads. The A709 provides the shortest link to the A74 (M) motorway at Lockerbie, which is some 12 miles distant. Dumfries attracts trade from nearby towns and villages, together with the surrounding rural hinterland.
The subjects occupy a prominent position on St. Mary’s Street, at its junction with Lovers Walk, which is a mixed residential/commercial district convenient to town centre amenities. Nearby commercial properties are in a variety of uses, including hotels, guest houses, B&Bs and public houses. An element of on street car parking is available in the immediate vicinity. The property is also located adjacent to Dumfries train station.
Accommodation
Basement 86.94 m2 (936 ft2)
Ground 127.10 m2 (1,368 ft2 )
First 199.90 m2 (2,152 ft2 )
Attic 194.21 m2 (2,090 ft2)
Total 608.15 m2 (6,546 ft2)
Terms
SERVICES Mains water, gas, electricity and drainage. A wood pellet biomass boiler has recently been installed. We understand this also serves a neighbouring property with appropriate metering in place. A gas boiler remains in-situ as a back-up for the biomass system.
RATING ASSESSMENT RV - £14,000. The property therefore qualifies for 100% rates relief under the small business bonus scheme.
PLANNING INFORMATION The property is presently trading as a guest house, although it is to be sold with vacant possession. Interest from those intending continued use as a guest house is anticipated however the property does provide scope to be converted into residential use with the possibility for a number of dwellings, subject to obtaining necessary Local Authority consents. Interested parties are advised to make their own enquiries direct with Dumfries and Galloway Council regards change of use.
LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the tenant will be responsible for LBTT, registration dues and VAT where applicable to any letting.
VALUE ADDED TAX We understand that the building is not VAT elected.
ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: Pending A copy of the EPC is available on request
Specification
• 20 Letting Rooms
• Central Location
• Adjacent to Train Station
• Biomass Heating System
• Vacant Possession
• Redevelopment Opportunity
• Offers Around £175,000