24 Victoria Street, Newton Stewart, DG8 6BT
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Key features
- Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Newton Stewart, Dumfries and Galloway.
- Large premises that extends to approximately 129 meters squared. Excellent Rental potential of £6,500 - £7,500.
- Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property.
- Super Rental yield potential of 13% - 15% if achieved for Guide price of £50,000.
- Property benefits from being in the busiest street in Newton Stewart, offering a range of commutable benefits and attractions, sure to appeal to landlords looking for an excellent turnkey commercial
Description
- Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Newton Stewart, Dumfries and Galloway.
- Large premises that extends to approximately 129 meters squared. Excellent Rental potential of £6,500 - £7,500.
- Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property.
- Super Rental yield potential of 13% - 15% if achieved for Guide price of £50,000.
- Property benefits from being in the busiest street in Newton Stewart, offering a range of commutable benefits and attractions, sure to appeal to landlords looking for an excellent turnkey commercial investment.
Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Newton Stewart, Dumfries and Galloway.
The large premises extends to approximately 129 meters squared, providing an excellent potential of £6,500 - £7,500 which is sure to appeal to a variety of buyers.
The property comprises of a ground floor retail unit contained within a two-storey building of stone construction beneath a pitched and slated roof, interconnecting to two single storey rear extensions of stone/brick construction beneath pitched and slated roofs. Internally, the subjects comprise open plan retail accommodation with office, storage, kitchen and w.c. facilities.
Property is situated within the business district of Newton Stewart attracting a large footfall, which is sure to attract large volumes of business.
Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property with a potential rental monthly value of £541 - £625 which gifts a 13% - 15% gross yield based off a purchase price of £50,000.
The property was used as a successful florist however could be used for a variety of other uses such as an office, shop unit, café or more. There could also be potential to turn it into a fast-food restaurant (subject to researching and gaining the necessary contents).
Property benefits from being in the busiest street in Newton Stewart, offering a range of commutable benefits and attractions, sure to appeal to landlords looking for an excellent turnkey commercial investment.
The property comprises of a ground floor retail unit contained within a two-storey building of stone construction beneath a pitched and slated roof, interconnecting to two single storey rear extensions of stone/brick construction beneath pitched and slated roofs. Internally, the subjects comprise open plan retail accommodation with office, storage, kitchen and w.c. facilities.
Location
Newton Stewart is located within Dumfries & Galloway and has a resident population of approximately 4,092 persons (Census 2011). The town is situated approximately 24 miles east of Stranraer and 41 miles west of Dumfries, connected by the A75 trunk road. The subject property is situated on the west side of Victoria Street, within the town centre of Newton Stewart.
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24 Victoria Street, Newton Stewart, DG8 6BT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barrhill Station15.3 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
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Visit our security centre to find out moreDisclaimer - Property reference 200125428. 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 Prime Property Auctions (Scotland) Ltd, Glasgow. 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 Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*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.”
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