Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Town Centre Retail premises, Queensberry Street, Dumfries, DG1 1BH

7,449 Sq Ft / Retail

For Sale - £138,000.00

Available - Last updated: 01 July 2022

The property comprises a substantial three storey, basement and attic floor mid-terraced retail premises, currently sub-divided to create two separate units. The building is category B listed with traditional sandstone walls under a pitched and slated roof. The ground floor benefits from an attractive double sales frontage with large display windows. The main retail space extends over the ground, first and second floors, whilst the basement and attic floors are currently used for storage. Both units are self-contained with dedicated entrance doors and private welfare facilities

Location

Dumfries, with a population of around 37,500 is the largest town in Dumfries & Galloway as is therefore South West Scotland’s main shopping and administrative centre. The town lies approximately 75 miles south of Glasgow and 34 miles north west of Carlisle, occupying a strategic location at the intersection of the A75, A76 and A701 trunk roads. The subjects occupy a central position on the western side of Queensberry Street, opposite the Loreburn Street public car park, around 50 yards from the pedestrianised High Street. The ‘Burns Statue’ bus stance and Munches Street taxi rank are also within short walking distance.

Accommodation

LHS (G Floor) 142.28sq m ( 1,532 sq ft )

RHS (B, G, F, S & A Floors) 549.72 sq m (5,917 )

TOTAL 692.00 sq m (7,449sq ft )

Terms

THE TENANTS The left-hand ground floor unit is let to a private individual, trading as ‘The VRrOOM’. Website – www.facebook.com/DumfriesVRrOOm The right-hand basement, ground, first, second and attic floor unit is also let to a private individual, trading as ‘Vintage 109’. Website – www.facebook.com/MrsIllingworthsVintageShed

RATING ASSESSMENT LHS Unit: £14,400 RHS Unit: £12,150 The current UBR (2021/2022) for properties with an RV below £51,000 is £0.49. However, each unit currently qualifies for 100% rates relief under the Small Business Bonus Scheme.

SERVICES Each unit benefits from separate mains water, electricity and public sewer connections.

GUIDE PRICE Properties advertised with a guide price is within 10% above or below the reserve price when a single figure is stated. If the guide price is a bracket figure, the reserve price cannot exceed the top end of the bracket price.

BUYER FEES Details of the buyer fees associated with this property can be found on the individual property page.

LEGAL PACK The legal packs are available to view online

VAT The property is not elected for VAT and as such VAT will not be payable on the purchase price.

ENERGY PERFORMANCE CERTIFICATE The subjects have an EPC Rating of G.

 

Specification

  •  OPPOSITE PUBLIC CAR PARK 
  • CATEGORY B LISTED BUILDING 
  • NOT VAT ELECTED 
  • FULLY LET 
  • AVERAGE COMBINED RENT: £21,000 P.A. 
  • AUCTION DATE: 8 TH JUNE 2022 @ 2.30 PM 
  • GUIDE PRICE: £155,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £138,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Fraser Carson

Shepherd Commercial

01387 334024



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.