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Prominent Retail Unit , Unit 2, 78-90 Glasgow Street, Dumfries, DG2 9AQ

6,027 Sq Ft / Retail / Retail - High Street

To Let - £30,000.00

Available - Last updated: 10 May 2022

A highly prominent unit with extensive frontage and onsite car park. Suitable for a variety of uses, subject to planning.
( Agency Pilot Software ref: 9539 )

Location

Dumfries is an attractive market town and the regional capital of south-west Scotland approximately 76 miles south of Glasgow and 34 miles north-west of Carlisle. The town has a resident population of 31,600 and a wider Dumfries and Galloway catchment in the order of 148,000. The subjects enjoy a prominent location on Glasgow Street (A76), one of the main arterial routes from the north into the town. Nearby occupiers include ATS Euromaster, Palmerston Café, Farmfoods and the Bridge Veterinary Clinic.

Accommodation

GROUND FLOOR 560 sq m (6,027 sq ft)

Terms

LEASE TERMS The subjects are held on a lease with effect from 15th April 2019 until 14th April 2029. There is a tenant only break provision with effect from 14th April 2024.

RENT The annual rental will be stepped as follows:- Years 1 & 2 £30,000 exclusive Year 3 £40,000 exclusive Years 4 & 5 £51,500 exclusive

RATEABLE VALUE The subjects are currently entered in the Assessor’s Valuation Roll as having an RV of £35,500. The current UBR (2020/2021) for properties with an RV below £51,000 is £0.499. Therefore, rates payable will be in the order of £17,714.

LEGAL COSTS In the normal manner, the ingoing tenant may be responsible for the landlord’s reasonable legal expenses, including any LBTT and registration dues.

VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Specification

  • PROMINENT CORNER POSITION
  • SUITABLE FOR A VARIETY OF USES, SUBJECT TO PLANNING
  • SITUATED ON MAIN ARTERIAL ROUTE

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £30,000.00 NA

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Contact agents

John Conroy

Ryden LLP

0141 432 1390



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