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Town Centre Office Investment, Irish Street, Holywood Trust Building, Dumfries, DG1 2PJ

1,730 Sq Ft / Offices

To Let - £12,000.00 per annum

Available - Last updated: 17 March 2019

The subjects comprise a ground and lower ground floor office suite within a substantial four-storey office building, forming part of The Loreburne Shopping Centre. The Category B listed property is of stone/brick construction having a pointed and roughcast/render external finish. The roof over is pitched and slated. Windows are of timber sash and casement design.

The main entrance door, leading to the ground floor vestibule, has the benefit of an accessible ramp. There is also a secondary entrance door which leads directly to the lower ground floor hallway. There are a number of attractive internal features including the staircase, vestibule arcade, high ceilings and bay windows. Internally the office suite provides flexible accommodation through generously proportioned rooms, having carpet / laminate floor coverings together with lined and painted walls and ceilings,

Location

Dumfries is the principal shopping and administrative centre in the Dumfries and Galloway region of southwest Scotland, with a residential 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.

The area also draws in significant tourist trade during the spring and summer months. The subjects occupy a visible position within the town centre, fronting Irish Street at its junction with Assembly Street and situated only a short walking distance from the pedestrianised High Street, via Assembly Close. The property is conveniently located for public transport links. We understand that private parking is available by separate negotiation however there is on-street parking in the immediate vicinity together with a number of free public car parks within easy walking distance.

Accommodation

Ground Floor 93.14 m2 (1,003 ft2 )

Lower Ground Floor 67.62 m2( 728 ft2 )

Total 160.76 m2( 1,731 ft2)

Terms

RENT & LEASE TERMS Offers around £12,000 per annum are invited. The property is available by way of a new lease on a Full Repairing and Insuring (FRI) basis, for a flexible term incorporating a regular review pattern. Incentives may be available depending on the length of lease entered into.

RATING ASSESSMENT RV - £11,300. The subjects therefore qualify for 100% rates relief under the small business bonus scheme.

SERVICES & SERVICE CHARGE Electric heating and hot water systems are installed. A service charge is payable as the building forms parts of the The Loreburne Shopping Centre. Details are available upon application. 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 property is elected for VAT.

ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: Pending A copy of the EPC is available on request.

Specification

• 100% Rates Relief
• Ground & Lower Ground Suite
• Town Centre Location
• DDA Access to Ground Floor
• Part of Loreburne Centre
• Fully Managed Property
• Flexible Lease Terms
• Possible Parking Provision

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Holywood Trust Building To Let £12,000.00 per annum

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Contact agents

Fraser Carson

Shepherd Commercial

01387 334024



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