55 – 57 High Street Sanquhar DG4 6DJ
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity, superbly positioned within Sanquhar's High Street.
- The three bedroom house is currently let at £650 per month (£7,800 per annum), while the commercial unit offers a clear value add project for a shrewd investor.
- The commercial unit is roughly 580 square feet in size, providing ample space for a variety of uses.
- Set in a strong town centre position close to amenities and transport links, this is an excellent mixed use opportunity with scope for future growth.
- The commercial unit could realistically achieve £6,000 to £8,000 per annum, subject to tenancy and due diligence, and would benefit from renovation to maximise returns.
Description
- PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity, superbly positioned within Sanquhar's High Street.
- The three bedroom house is currently let at £650 per month (£7,800 per annum), while the commercial unit offers a clear value add project for a shrewd investor.
- The commercial unit is roughly 580 square feet in size, providing ample space for a variety of uses.
- Set in a strong town centre position close to amenities and transport links, this is an excellent mixed use opportunity with scope for future growth.
- The commercial unit could realistically achieve £6,000 to £8,000 per annum, subject to tenancy and due diligence, and would benefit from renovation to maximise returns.
PRIME NEW LISTING. We are excited to present this tenanted commercial unit located within prime location in Sanquhar.
The property is arranged to include an entrance hallway, a comfortable living room, a practical kitchen, three well proportioned bedrooms, and two bathrooms, creating a highly usable mixed use investment opportunity.
The investment is currently producing £650 per month, which is £7,800 per annum from the residential element, providing immediate, income producing security for the buyer. Based on current market rates, the combined rental income is understood to be around £1,300 per month, which is £15,600 per annum if optimised over time, subject to tenancy and due diligence.
The property is held on a freehold basis, giving the buyer outright ownership and long term control over future strategy.
The three bedroom house currently achieves £650 per month, £7,800 per annum in rental income, while the commercial unit is currently vacant and offers a clear route to add value. This is a perfect opportunity for a shrewd investor seeking an active project with income in place from day one.
The commercial unit is roughly 580 square feet in size, providing ample space for a variety of uses.
The properties enjoy a fantastic central location with excellent local amenities and transport connections, creating a compelling proposition for buyers seeking a blend of commercial and residential use with strong potential for capital and rental growth.
The commercial unit could easily achieve £6,000 to £8,000 per annum in rental income once refurbished and let, with the works providing an opportunity to unlock the property's full potential. This is another great option for anyone looking to expand a portfolio or secure an affordable entry point into a mixed use investment, subject to tenancy and gaining the necessary information.
The property is being offered at a fantastic discount to ensure a sale and should appeal to purchasers looking for a straightforward acquisition with excellent upside potential.
The rateable value has not been provided, and interested parties are advised to make their own enquiries with the local authority regarding any business rates liability or relief, subject to eligibility.
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.
Sanquhar offers a well established local trading environment with regular passing traffic through the town centre, supporting day to day footfall for High Street occupiers. The area provides a solid mix of independent retailers and service businesses, helping underpin demand for practical commercial space. Road connections link easily to surrounding towns across Dumfries and Galloway, while the rail station improves accessibility for staff and customers travelling regionally. For investors, the combination of affordable entry pricing and ongoing occupier demand can make Sanquhar an attractive location for value add refurbishment and re letting, particularly for flexible units suited to a range of end uses.
55 – 57 High Street Sanquhar DG4 6DJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sanquhar Station0.2 miles
- Kirkconnel Station3.3 miles
Notes
Disclaimer - Property reference 229110863. 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, 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, Glasgow on 0141 673 3554.
*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.”