The subjects form a mid-terraced building, of traditional construction, over three stories with basement and attic levels also. The building comprises of three retail units, a two bedroom first floor flat and a five bedroom second and attic floor maisonette. Access to the flats is via an internal pend which leads to a stairwell projection at the rear. There is an additional two storey extension, under a flat roof, at the rear which provides two external stores associated with units 65 & 67 on the ground floor. Unit 71 benefits from retail space within the rear extension at ground floor level along with additional retail / storage space at first floor level. There is basement accommodation in unit 71 whilst units 65 and 67 have floor hatch access to basements only.
Externally there is a shared courtyard area to the rear with external step leading to an enclosed area of garden ground. Units 65 & 67 share an external w.c. whilst unit 71 has its own facilities. We understand the subjects are connected to mains electricity, water and drainage. None of the systems or services have been checked or tested by the selling agents.
We are advised by the vendor that refurbishment works have been carried out with general upgrading to all properties including; roofing works, upgrading of the electrical and heating installations and new windows to the front elevation.
The first floor flat has been fully renovated with new kitchen fittings having been installed, together with new electrical wiring, new heating and new plumbing; including the hot water system. The upper maisonette has also had a new heating system installed.
Location
Dumfries, the principal retailing and commercial centre in the South West of Scotland has a residential population in the order of 37,500 and a district catchment population in the order of 140,000 persons. The area also draws in significant tourist trade during the spring and summer months. The town lies approximately 75 miles south of Glasgow, 70 miles south west of Edinburgh and 34 miles north of Carlisle. Dumfries provides excellent communications with the A75 and A711 trunk roads linking the town to the M74 motorway. In addition, rail services connect Dumfries with Glasgow to the north and Carlisle to the south.
ENGLISH STREET is a busy thoroughfare within Dumfries town centre, linked with the High Street as a partially pedestrianised zone with the remainder forming part of a one-way traffic system. This locale is a well established trading location and neighbouring shop units are occupied by a wide variety of complimentary businesses, including two public houses, a furniture outlet, an electrical retailer as well as a property & mortgage advice centre.
Accommodation
The following floor areas are approximate only. The retail units are measured on a net internal basis whilst the flats are measured on a gross internal basis.
Unit 65 - Shop: 22.18 sq m (239 sq ft) Store: 8.23 sq m (89 sqft)
Unit 67 - Shop: 22.17 sq m (239 sq ft) Store: 10.05 sq m (108 sq ft)
Unit 71 - Shop: 90.20 sq m (971 sq ft) (Including basement level)
No. 69A - First Floor Flat: 74.15 sq m (798 sq ft)
No.69B - Maisonette: 122.23 sq m (1,316 sq ft)
Terms
Purchase offers in the region of £190,000 are invited for our client heritable interest in the property. All prices, rents and premiums, where quoted, are exclusive of Value Added Tax. Prospective purchasers are advised to satisfy themselves independently as to the incidence of VAT in respect of this transaction.
Specification
- Commercial / residential investment opportunity
- Three shops, first floor flat and upper maisonette
- Prominent location on town centre thoroughfare
- Refurbishment / upgrading works carried out
- Renovated first floor flat
- Total Shop Net Internal Area: 134.55 sq m (1,449 sq ft)
- Offers in the region of £190,000 are invited