The subjects comprise a purpose-built two storey bank premises, originally constructed on behalf of RBS during the latter part of the 20th century. The property was however most recently used as private offices, after being modernised internally. The property appears to be of concrete frame construction with attractive red sandstone/glazed cladding at the front, together with facing brink at the rear. The roof over is pitched and slated, along with a small flat section at the rear. A tarmac surfaced parking area at the rear of the property is accessed directly from Whitesands and provides space for around 8 vehicles.
The main entrance is via a flight of external steps, positioned at the north end of the front elevation. A second access door, leading directly to the first floor, is located on the Bank Street elevation. There are also two rear access doors. An ATM machine is installed adjacent to the main entrance. Internally the property provides a mix of open-plan and cellular space, including a large internal balcony and ground floor strong room. As part of the recent modernisation a new metal staircase has been installed to connect the ‘public’ sections of each floor.
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 town’s retail catchment includes other nearby towns and villages, together with the surrounding rural hinterland. The area also draws in significant tourist trade during the spring and summer months. The subjects occupy a prominent position on the eastern side of Whitesands, at its junction with Bank Street, which is a busy traffic thoroughfare running parallel to the River Nith. The main pedestrianised High Street is within short walking distance, via Bank Street.
The Whitesands includes one of the main free public car parks serving Dumfries town centre. There is also a bus terminal and taxi rank located nearby. Other nearby commercial occupiers include professional offices, local Tourist Information Centre, local and national retailers, restaurants and public houses.
Accommodation
Ground Floor: Reception Area, Five Offices, Two Meeting Rooms, Strong Room, Cloakroom with WC, Various Stores.
First Floor: Open-plan Balcony with Kitchen, Four Offices, Meeting Room, Secure Room, Large Store, Managers Office with Kitchenette, 2x Male & Female Toilets, Various Stores, Plant Room.
Net Internal Area 590.16 m2 (6,352 ft2 )
Gross Internal Area 782.64 m2 (8,424 ft2)
Terms
PRICE Offers over £XXX are invited for our client’s heritable interest. We understand that the property is not elected for VAT.
RATING ASSESSMENT Property - £XXX ATM Site - £XXX The poundage rate for the 2018/19 financial year is 48.0 pence.
PLANNING INFORMATION The property was purpose-built as a bank and recently used as a private office. It is however suited to alternative uses such as a children’s nursery, restaurant, public house, gym/studio and art gallery, amongst others. Interested parties are advised to make their own enquiries direct with Dumfries and Galloway Council regards change of use. ATM We understand that the ATM is subject to a 5-year lease to RBS, who have 365 days a year access rights for maintenance, renewals etc. We understand the passing rent is £XXXp.a. inclusive of VAT.
LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the purchaser will be responsible for LBTT, registration dues and VAT where applicable to any letting.
ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: F A copy of the EPC is available on request.
Specification
• Prominent Town Centre Property
• Former RBS Branch
• Purpose Built
• Views Over River Nith
• Dedicated Car Parking
• Recently Modernised
• Suited to Alternative Uses
• Capable of Multiple Occupation