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Halfords, St Michael's Bridge Road, Dumfries, DG2 7DA
15,184 Sq Ft / Retail
Withdrawn - Last updated: 11 April 2023
Summary
Single Let Retail Warehouse Investment Opportunity
Investment Summary
• Dumfries is the main commercial, retail and administrative centre for Dumfries and Galloway;
• The property comprises a modern, single- let retail unit extending to 15,184 sq ft (1,410.6 sq m);
• The property is located to the South of Dumfries town centre, just off St Michael’s Bridge Road (A756) which links the property to the town centre and M74;
• Currently let to Halfords until 23rd June 2021 at a passing rent of £XXX per annum;
• Heritable tenure (Scottish equivalent of English Freehold).
Offers in excess of £XXX (Two Million, One Hundred Thousand Pounds) are sought for our client’s heritable interest in the property. A purchase at this level would provide a net initial yield of 10.04% assuming purchaser’s costs at 5.84%.
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