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: £XXX RHS Unit: £XXX The current UBR (2021/2022) for properties with an RV below £XXX is £XXX 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: £XXX P.A.
- AUCTION DATE: 8 TH JUNE 2022 @ 2.30 PM
- GUIDE PRICE: £XXX