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175 High Street, Dumfries, DG1 2QT

not specified / Retail

For Sale - £175,000.00

To Let - £19,000.00 per annum

Let - Last updated: 30 September 2021

PRIME TOWN CENTRE RETAIL UNIT

GROUND, 1st & 2nd FLOOR

RETAIL CONSENT

OVER 2,101sq ft

V.A.T FREE

RENT: £19,000p.a

SALE: P.O.A

 

Location

 

The property is situated on the south west side of High Street, south of its junction with Church Street within Dumfries town centre. Dumfries is the regional shopping and administrative centre for South West Scotland with a resident population of 32,000 and an estimated catchment of 110,000 persons. The shop is located on the pedestrianised High Street, adjacent to Debenhams and Iceland, with Starbucks, Ryman and Argos.

 

Property 

 

The property comprises a 2 storey commercial unit of traditional construction with a prominent aluminium framed and glazed frontage with double doors of similar construction.

 

Internally, the property has been fitted in accordance with the former tenants corporate specifications, with sales area at ground floor, staff facilities and storage are located at first floor. The second floor is currently accessible via a loft hatch however we would anticipate the floor area to replicate that of the 1st floor.

 

Lighting is provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling, w.c facilities and tea prep are located at first floor.

 

Area

 

The property has been measured on a net internal area basis calculated on the ground and first floors to extend to the following floor area;

 

Ground: 105.52sqm (1,136sq ft)

1st Floor: 89.65sqm (965sq ft)

2nd Floor: We would estimate the 2nd floor equates to a similar size as the first floor.

 

Total: 195.2sqm (2,101sq ft)

 

NAV/RV

 

The property has been entered onto the valuation roll with the following NAV/RV

 

£28,900

 

Rent

 

The property is available on a new full repairing and insuring head lease for a negotiable for offers over £19,000per annum

 

Sale

 

Our client would dispose of their freehold interest, price on request.

 

V.A.T

 

Figures quoted are exclusive of V.A.T, the property has not been elected for V.A.T as such no V.A.T will be charged on the rent / sale price

 

Title

 

Available on request

 

Viewing

 

By appointment 

 

Legal

 

Each party shall bear their own legal costs incurred in the transaction

 

Anti-Money Laundering 

 

In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time. 

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £175,000.00 NA
  To Let £19,000.00 per annum

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