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Ground Floor Shop Unit , 168 King Street, Castle Douglas, DG7 1DA

457 Sq Ft / Retail

For Sale - £75,000.00

Available - Last updated: 16 October 2024

The subjects comprise a ground floor unit with traditional sales frontage, offering both adaptable trade space and functional staff accommodation. The unit forms part of a larger two storey end-terraced tenement building, of sandstone construction under a pitched and slated roof. The rear accommodation is contained within a single storey brick projection surmounted by a pitched roof. The sales frontage has a painted finish, together with ornate stone features, glazed customer entrance door, and timber casement display window. Natural daylighting at the rear is provided by doubleglazed timber casement skylights.

The internal accommodation extends to an open-plan sales area, stock room / staff room, and staff toilet. The floors are of solid concrete construction with vinyl coverings. The walls and ceilings are lined and painted, except for the toilet, which has a painted finish to concrete floors and brick walls

Location

The subjects are set within the heart of a boutique shopping destination that is also recognised as the region’s ‘Food Town’ and is therefore host to numerous events throughout the year. Castle Douglas is the main administrative & market town serving the Stewartry district of Dumfries & Galloway, with a population of circa 4,000. The town is bypassed by the A75 trunk road and is located at its junction with the A713. The A75 is a key part of the national road network, connecting the A74(M) / M6 motorways at Gretna to the Northern Irish ferry ports at Cairnryan.

The regional capital of Dumfries lies approximately 18 miles to the east. The property is situated on the northwestern side of King Street, which serves as the core town centre thoroughfare, and consequently occupies a prime trading position within the main retailing area. Nearby commercial occupiers include Royal Bank of Scotland, Scotmid, The Original Factory Shop, Wilkies, Boots Pharmacy, Post Office, Gillespie Gifford & Brown, Coral, and Bank of Scotland.

Accommodation

42.46 m2 (457 ft2 )

Terms

Services We understand the property is connected to mains supplies of water and electricity, with drainage into the public sewer. The property benefits from partial electric overnight storage heating.

Rateable Value RV - £6,000 The property therefore qualifies for 100% rates relief under the Small Business Bonus Scheme.

Planning We understand the property is registered for Class 1A (Shops, financial, professional and other services) use, all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. Interested parties are advised to make their own planning enquiries direct with Dumfries & Galloway Council.

Energy Performance Certificate (EPC) Energy Performance Rating: G A copy of the EPC is available on request.  PUBLICATION DATE SEPTEMBER 2024

Price Purchase offers around £75,000 are invited.

Rent & Lease Terms Rental offers are invited. The property is available by way of a new Full Repairing & Insuring (FRI) lease, for a flexible term, incorporating a regular review pattern. Tenant incentives may be available, subject to the length of lease agreed. Value Added Tax We are verbally advised that the property is not VAT elected.

Legal Costs Each party will be responsible for their own legal costs incurred in the transaction.

The purchaser / tenant will be responsible for any Land and Building Transaction Tax (LBTT) and registration dues, if applicable.

Specification

  • Ground floor unit.
  • Prime trading pitch in popular tourist town.
  • Not VAT elected.
  • Qualifies for 100% Rates Relief.
  • NIA: 42.46 m2 (457 ft2).
  • Offers Around: £75,000.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £75,000.00 NA

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Contact agents

Fraser Carson

Shepherd Commercial

01387 334024



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