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Former Bank Suitable For A Variety Of Uses, 8 English Street, Dumfries, DG1 2BT

3,229 Sq Ft / Retail / General Retail

For Sale - £100,000.00

Under Offer - Last updated: 18 January 2021

8 English Street is a category B listed, Italianate style bank building built around 1875 and contained on three floors over basement.

The property requires refurbishment and can be used retail use with class 2 consent. Previous consent has been gained for use as a restaurant. Details including floor plans are available upon request.

Alternative uses such as residential development may be suitable subject to the necessary Local Authority consents.

Location

English Street is an established commercial location within Dumfries Town Centre, east of High Street. Nearby occupiers include Boots, Clydesdale Bank, River Island and a host of local retailers and licensed outlets. Dumfries is the administrative capital and main shopping destination for the Dumfries & Galloway region, with a population of almost 50,000 persons. The town lies 57 miles south of Glasgow and 36 miles north west of Carlisle.

Accommodation

From our on site measurements and on a gross internal basis, the subjects extend to 300 sq.m. (3,229 sq. ft.), or thereby across the four floors.

Terms

RATING - The property has three Rateable Values totalling £27,450 with each falling below the £15,000 threshold offering potential for rates relief via the Small Business Bonus Scheme, subject to occupier status.

PRICE - Offers in excess of £100,000 are invited for our client’s heritable interest, exclusive of VAT.

EPC - Available upon request.

LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction. 

Specification

  • Central location within Dumfries Town Centre
  • Traditional ‘B listed’ former bank
  • Gross Internal Area 300 sq.m. (3,229 sq.ft.) across four floors
  • Consent in place for retail, or, restaurant uses
  • Potential for other uses such as residential, subject to consent
  • Offers over £100,000 are invited

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £100,000.00 NA

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Contact agents

Anthony Zdanowicz

DM Hall

01698 225068



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