This exciting development property enjoys prime corner position on the edge of Dumfries town centre. The property extends to a total floor area of approx 299 sq. metres (3256 sq. feet) over three floors and basement. All areas are currently vacant but the ground floor was most recently rented out as a convenience store (approx 85 sq. metres) with the upper and basement levels being used for commercial activities and miscellaneous storage. The prime position near to various local businesses, bus terminal and main thoroughfares would make this an ideal site to re-establish the retail unit with the upper floors offering a variety of options for residential conversion (subject to required planning consents) or other commercial uses. The current rateable value is £8750 which would potentially qualify for rates relief under the Small Business Bonus Scheme. The competitive asking price offers great potential for attractive return on investment and significant end development value.
Guide Price £60,000 - £70,000
Exciting development opportunity
Potential residential conversion
Priced to sell
Great potential return on investment
Prime town centre location
Set on the edge of Dumfries town centre where you have a wide range of amenities including a variety of shops, public house’s, restaurants, schooling as well as various sporting facilities. The M74 provides transport links to the North and South and is available at Lockerbie approximately 13 miles to the East. There is mainline train stations within walking distance in the town centre or in Lockerbie for easy access also North and South.
Dumfries and Galloway Council
Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.