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Retail Premises To Let / May Sell, 125 Queensberry Street, Dumfries, DG1 1BH

1,305 Sq Ft / Retail

To Let - £8,000.00 per annum

Available - Last updated: 20 June 2024

The subjects comprise a two storey and attic corner-terraced property of stone construction, with painted render external finish, under a pitched and slated roof with dormer projections. The unit has a traditional sales frontage with three large aluminium casement display windows, under full width fascia signage. The main customer entrance door is set within the gable elevation fronting St Andrew Street.

Location

Dumfries, with a population of around 33,000, is the largest town in Dumfries & Galloway as is therefore southwest Scotland’s main shopping and administrative centre. The town lies approximately 75 miles south of Glasgow and 34 miles northwest of Carlisle, occupying a strategic location at the intersection of the A75, A76 and A701 trunk roads. The A709 provides the shortest link to the A74(M) motorway at Lockerbie, although the A75 and A701 offer alternative routes dependant on the direction of travel, with junctions at Gretna and Beattock respectively

Accommodation

Ground Floor 52.54 sq m (566sq ft )

First Floor 54.37 sq m (585 sq ft )

Attic 14.37 sq m (155 sq ft )

TOTAL 121.28sq m (1,306sq ft )

Terms

RATING ASSESSMENT Rateable Value - £8,200. The property therefore qualifies for 100% rates relief under the Small Business Bonus Scheme.

PLANNING & GRANT FUNDING We are verbally advised that the property is currently registered for Class 1A (Retail & Professional) use. The unit is however well suited to a variety of alternative commercial uses, subject to Local Authority consents. In addition, there is scope for the first and attic floors to be converted for residential use, subject to Local Authority consents. Potential grant funding for residential conversion may be awarded by Dumfries & Galloway Council. Further information is available at https://www.dumgal.gov.uk/article/17433/Town-Centre-Living-Fund Interested parties are advised to make their own planning and grant funding enquiries direct with Dumfries & Galloway Council.

SERVICES Mains water, electricity and drainage. Space heating is provided by ceiling mounted climate control units.

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

RENT, LEASE TERMS & PRICE Rental offers around £8,000 are invited. The property is available by way of a new Full Repairing & Insuring (FRI) lease, for a flexible term, incorporating a regular review pattern. Tenant incentives may be available, subject to the length of lease agreed. Purchase offers over £70,000 are invited.

VALUE ADDED TAX We are verbally advised that the property is not VAT elected.

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.

Specification

  •  OPEN-PLAN ACCOMMODATION 
  • LARGE DISPLAY WINDOWS & RETURN FRONTAGE 
  • SUITED TO A VARIETY OF COMMERCIAL USES (STC) 
  • QUALIFIES FOR 100% RATES RELIEF 
  • SCOPE FOR RESIDENTIAL CONVERSION OF UPPER FLOORS (STC)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £8,000.00 per annum

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Contact agents

Fraser Carson

Shepherd Commercial

01387 334024



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