For Sale By Auction | 14:00, 31 January 2019

22, Brewery Street, Dumfries, DG1 2RP

*Guide | £32,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 31/01/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Retail unit

Well situated within Dumfries town centre on a prime corner position with dual aspect frontage. This rare commercial opportunity situated on ground floor level has an approximate total floor area of approx 59 sq. metres (635 sq. feet). Formerly trading as a shop, the premises lends itself to various uses subject to local consents from Dumfries & Galloway council. The current rateable value is £3,875 which would qualify for rates relief under the Small Business Bonus Scheme. With a surveyor’s valuation of £50,000 the competitive asking price offers great potential for an attractive return on investment.

Tenure

Freehold

Prime town centre location

Double frontage corner position

Suitable for small business relief

Surveyor valuation of £50,000

Great potential return on investment

Rateable value of £3,875

Area

Situated within a popular street in 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.

Local Authority

Dumfries and Galloway Council

Additional Fees

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.