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72 High Street Annan DG12 6DL, 72 High Street, Annan, Annan, DG12 6DL
not specified / Retail / General Retail
Sold - Last updated: 16 December 2019
Offers in excess of £XXX are sought reflecting a Net Initial Yield of 9.17% assuming standard purchasers costs of 1.8%. The subjects are leased to Martin McColl Limited on Full Repairing and Insuring terms until 4th August 2033 at a passing rental of £XXX The Tenant has 5 yearly break options, with the next occurring on 4th August 2023.
The subjects comprise a ground floor retail unit fitted out as a RS McColl’s convenience store to the front and post office counter to the rear. One of the two display windows has been removed for the installation of an ATM. The subjects also generate business from being an allocated National Lottery store. Consequently, the current uses of the premises maximise footfall.
Location
The subjects occupy a prominent and prime retailing position on the north side of High Street within Annan town centre. Nearby occupiers include Vision Express, William Hill, Thomas Cook and Ladbrokes, amongst others.
Annan is a popular market town with a population of around 9,000 persons. The town is located in Dumfries & Galloway region approximately 16 miles east of Dumfries and 6 miles west of junction 22 on the M74 motorway at Gretna. The town lies 84 miles south of Glasgow and 18 miles north west of Carlisle and is well served for commuting with a railway station providing regular services to Dumfries, Stranraer and Carlisle.Terms
Unless otherwise stated all figures, prices, etc., are quoted exclusive of VAT .
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