The subjects comprise a ground floor retail unit in a two storey and attic corner-terraced building. The property is of traditional stone construction surmounted by a pitched and slated roof. The upper floors comprise a residential dwelling which, for the avoidance of doubt, is not included. The subjects have a single off-set timber and glazed pedestrian entrance door together with three windows, two of which are large three-quarter height display windows. Internally, the unit provides a flexible open plan retail space together with a staff cloakroom and wc. We understand that the unit has been refurbished in recent years to include flood prevention measures. The floors are of solid concrete construction with a vinyl finish. The ceiling has a double skin fire resistant plasterboard ceiling and the walls are lined and plastered. Both the walls and the ceiling have a papered / painted finish. There are also some areas of retail type slat walling installed.
Location
Dumfries is the principal shopping and administrative centre in the Dumfries and Galloway region of southwest Scotland, and has a residential population of around 37,500 persons. The town lies approximately 75 miles south of Glasgow, 34 miles northwest of Carlisle and is bypassed by the A75 trunk road. The town’s retail catchment includes other nearby towns and villages, together with the surrounding rural hinterland. The area also draws in significant tourist trade during the spring and summer months. The property is situated at the northern end of the Whitesands, at its junction with Friars Vennel. Whitesands comprises a busy thoroughfare running along the bank of the River Nith. Whitesands is a popular trading location and Friars Vennel comprises one of the main feeder routes to the main shopping area of the pedestrianised High Street. Whilst on-street parking is available outside the property there are also two free public car parks nearby, together with one of the main bus stances and a taxi rank, therefore providing good public transport links.
Accommodation
Net Internal Area 27.53 m2(296 ft2)
Shop Width (Widest Point) 6.80 m( 22 ft 4 ins )
Shop Depth 3.92 m (12 ft 10 ins)
Terms
PURCHASE PRICE & LEASE TERMS Offers over £XXX are invited for our client’s heritable interest. Our client may also consider a sale of the entire building which includes an upper floor four star holiday let business. Purchase offers are invited.
RATING ASSESSMENT As at the date these particulars were published, the Rateable Value was £XXX We note that the proposed Rateable Value following the 2017 revaluation is also £XXX We understand that the threshold for 100% rates relief under the Small Business Bonus Scheme is to be increased to £XXX Therefore, the subjects will be eligible for 100% rates relief.
CHANGE OF USE The unit is currently for Class 1 retail use but offers potential for a range of other uses, subject to planning and other necessary consents being obtained. Interested parties are advised to make their own enquiries direct with Dumfries and Galloway Council.
SERVICES The property is understood to connect to mains supplies of water and electricity, with drainage being to the main public sewer. We understand that the unit was rewired as part of the refurbishment works.
LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the purchaser will be responsible for LBTT, registration dues and VAT where applicable to any letting.
VALUE ADDED TAX Prospective purchasers are advised to satisfy themselves independently as to the incidence of VAT in respect of this transaction.
Specification
• Recently Refurbished
• Return Frontage
• 100% Rates Relief
• Net Internal Area: 27.53m2 (296ft2 )
• Offers over £XXX