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Class 2 Office / Retail Premises, Friars Vennel, 5-9, Dumfries, DG1 2RQ

1,983 Sq Ft / Retail

Withdrawn - Last updated: 02 February 2022

The subjects comprise a ground and first floor Class 2 office / retail unit. The property forms a category c listed three storey corner terrace building of traditional stone constriction under a slated roof. The ground floor has three-quarter height display windows with a return frontage to Brewery Street. The second floor comprises a flat which is not included.

Internally, the property provides flexible open plan accommodation on the ground floor together with generous ancillary storage / staff space. The upper floor is accessed via a wide tread timber staircase located at the rear and provides useful additional modular space which could be utilised as storage or office rooms, following a degree of modernisation. Welfare facilities are provided on both floors. The property has electric storage / panel heating installed. Externally the subjects extend to the footprint of the property together with an additional area of ground, accessed from Brewery Street and adjacent to Barbour’s car park, which provides private parking for up to three cars.

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 in the busy pedestrianised thoroughfare of Friars Vennel.

This links the High Street with the bus stances and riverside area at Whitesands. The subjects are located toward the eastern end of Friars Vennel at its junction with Brewery Street. The property is therefore within close proximity to both of the large free public car parks. Nearby occupiers include The Hub, Barbour’s, Browns Hairdressers, Mogerley’s butchers together with a variety of other local retailers, public houses and hot-food takeaways

Accommodation

Ground Floor 96.44 m2 (1,038 ft2)

First Floor 87.79 m2 (945 ft2 )

Total 184.23 m2 (1,983 ft2)

Terms

LEASE TERMS & PURCHASE PRICE Offers around £XXX per annum are invited. The property is available by way of a new lease on an Internal Repairing and Insuring (IRI) basis, for a flexible term incorporating a regular review pattern. Incentives may be available depending on the length of lease. Offers are invited for our client’s heritable interest.

RATING ASSESSMENT As at the date these particulars were published, the Rateable Value was £XXX The Uniform Business Rate for the 2016/2017 financial year is 48.4 pence in the pound for properties with a Rateable Value below £XXX We draw to your attention the fact that the property qualifies for 100% rates relief.

LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the tenant/purchaser will be responsible for LBTT, registration dues and VAT where applicable to any letting.

VALUE ADDED TAX Prospective tenants/purchasers are advised to satisfy themselves independently as to the incidence of VAT in respect of this transaction.

ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: F A copy of the EPC is available on request.

Specification

• Busy Thoroughfare
• Class 2 Office / Retail
• Return Frontage
• 100% Rates Relief
• Net Internal Area: 184.23m2 (1,038ft2 )
• £XXX per annum


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