Shop for sale
107 English Street, Dumfriesshire, DG1 2DA
- PROPERTY TYPE
Shop
- SIZE
2,384 sq ft
222 sq m
Key features
- • PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Dumfriesshire.
- • The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
- • This property has the potential to achieve an impressive rental income of between £14,000 to £16,000 per annum. With a projected yield of 22% to 28% if purchased at the guide price, this is an
- • The unit benefits from high footfall and excellent passing trade due to its prime location. This represents an outstanding opportunity for an owner-occupier to secure an affordable commercial uni
- • In good condition and ready to lease, the property offers vast potential for customisation and development. With 221.52 square meters of space, it serves as a blank canvas for ambitious investors
Description
- PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Dumfries.
- The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
- This property has the potential to achieve an impressive rental income of between £14,000 to £16,000 per annum. With a projected yield of 22% to 28% if purchased at the guide price, this is an exceptional opportunity. Additionally, its rateable value of £6,400 qualifies for low-rate relief, making it a great rental income opportunity.
- The unit benefits from high footfall and excellent passing trade due to its prime location. This represents an outstanding opportunity for an owner-occupier to secure an affordable commercial unit in a highly desirable area.
- In good condition and ready to lease, the property offers vast potential for customisation and development. With 221.52 square meters of space, it serves as a blank canvas for ambitious investors eager to embark on their next project.
PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Dumfries.
The property comprises an inviting entrance leading to the expansive main floor area, accompanied by 12 versatile smaller rooms featuring ample storage throughout. It also includes 2 well-maintained toilets for convenience.
This property has the potential to achieve an impressive rental income of between £14,000 to £16,000 per annum. With a projected yield of 22% to 28% if purchased at the guide price, this is an exceptional opportunity. Additionally, its rateable value of £6,400 qualifies for low-rate relief, making it a great rental income opportunity.
The unit benefits from high footfall and excellent passing trade due to its prime location. This represents an outstanding opportunity for an owner-occupier to secure an affordable commercial unit in a highly desirable area.
In good condition and ready to lease, the property offers vast potential for customisation and development. With 221.52 square meters of space, it serves as a blank canvas for ambitious investors eager to embark on their next project.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**Similar property at 45 High Street, Dumfriesshire sold for £60,000 in 2022**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Dumfriesshire, known for its picturesque landscapes and rich heritage, offers a serene blend of rural charm and modern amenities. With a vibrant community and excellent transport links, it's an ideal location for businesses to thrive.
107 English Street, Dumfriesshire, DG1 2DA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dumfries Station0.3 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 223656762. 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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