1 Kirtle Place Business Units, Kirtle Place, Gretna, DG16 5FF
Size
250 - 1,800
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Located in Gretna town centre
- Well-presented terrace of retail units with parking
- Six units totalling 167.22 sqm (1800 sqft)
- Fully let producing a gross rent of £30,450 per annum
- 100% rates relief available on individual units
- Offers over £175,000 are invited
- Yield of 17.07%
Description
The business/retail units at Kirtle Place were built in 2013 by Scottish Enterprise and comprise of six units, currently fully let by five occupiers with two units having been merged in recent times.
The six units at Kirtle Place extend to a total net internal floor area of 167.22 sqm (1800 sqft).
Each of the six properties qualifies for 100% rates relief, subject to occupier status.
The terrace is fully let at present to five tenants, producing a rent of £30,450 per annum plus a service charge, with a WAULT of 1.6 years. Full tenancy details are available on request.
Offers over £175,000 are invited, which is a yield of 17.07%, allowing for standard purchasing costs. The property is opted to tax, and the asking price is quoted exclusive of VAT, although it is envisaged that the sale will proceed by way of a TOGC.
A closing date may be set in due course. All interests should be lodged with the selling agents for updates. Please note that offers are subject to South of Scotland Enterprise board approval.
EPC details available upon request.
Location
Kirtle Place is a mixed commercial and residential location in Gretna town centre, with the property positioned on its east side close to the junction with Annan Road next to the Gretna Registration Office and Library. Caledonia Park, a designer outlet centre, is a short distance from the property.
Gretna is located in the Dumfries and Galloway region and has a population of around 3,500 persons which swells significantly during tourist season. The town offers the following distances and drive times:
Carlisle; 10 miles (22 minutes)
Dumfries; 23 miles (32 minutes)
Glasgow; 87 miles (90 minutes)
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- Environmental description
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Brochure
1 Kirtle Place Business Units, Kirtle Place, Gretna, DG16 5FF
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Disclaimer - Property reference 405739-1. 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 DM Hall LLP, 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.