Skip to content

or to save your favourite properties or searches here

Get brand editions for Auction House Scotland, Paisley
COMMERCIAL

Galloway Street, Dumfries

Guide Price
£22,500
Auction House Scotland, Paisley
PROPERTY TYPE

Retail Property (high street)

SIZE

Ask agent

Key features

  • Turnkey property
  • Being sold with tenant in situ
  • Located on busy main street
  • May be eligible for small business rates relief
  • Current rental income £350pcm / £4200pa
  • Current rental yield of over 18% at Guide Price

Description

Cash flowing commercial investment
New to auction is this cash flowing commercial space on the busy Galloway Street. The property comprises of sales area, back room, w/c and a small courtyard to the rear, the property is approximately 260 sq. meters, currently trading as a vape shop and is receiving £350pam and if purchased at the guide price would yield at 18%. The rateable value is currently £2075pa which means the property may be eligible for rates relief under the small business bonus scheme. With such an attractive guide price this will inevitably attract much attention and early expression of interest is recommended.

The property is situated on the south side of Galloway Street between its junctions with Glasgow Road and Howgate Street within the town of Dumfries. The town of Dumfries has three golf courses, a hospital and a Morrisons supermarket. The railway station provides access to Glasgow, Edinburgh and south to Carlisle, where connections can be made for the rest of England. Excellent local primary schools and Dumfries Academy is a well regarded secondary. The Crichton University campus is also nearby. The A74 motorway provides motorway connections both north to Glasgow and south, via the M6, to Carlisle, Penrith and central and southern England.


PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.

Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.

Galloway Street, Dumfries

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dumfries Station0.7 miles
Get brand editions for Auction House Scotland, Paisley

About the agent

Auction House Scotland, Paisley

Auction House Scotland Office 2 Craigs Business Centre Macdowall Street Paisley Renfrewshire PA3 2NB

Property Auction Experts
Helping more people to buy and sell by auction

Launched in 2013, Auction House Scotland forms part of a network of property specialists with the ability to sell anything anywhere in the UK; whatever the size, condition or circumstance, there is nothing we haven't seen or sold before.

 

Our expert regional Scottish team can provide you with the duality of unrivalled national coverage and fundamental regional awareness.

We offer a m

More properties from this agent

Notes

These notes are private, only you can see them.

Disclaimer - Property reference AGG-86712750. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Scotland, Paisley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Scotland, Paisley on 0141 673 7275.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.