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

92, High Street, Lockerbie, Dumfries And Galloway, DG11 2ET

*Guide | £89,950+ (plus fees)

  • Commercial Property
  • 1 Bedroom
  • 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

Portfolio of shop and one bedroom flat

Excellent business opportunity for an experienced or first time owner to purchase this portfolio containing a successful trading newsagents with a one bedroom flat above. The shop currently runs at hours of Mon-Sat 5am - 5pm and Sun 6.30am - 12.00noon and has great potential to expand the business and boost sales by opening later hours and introducing alcohol sales (subject to licence approval). The shop is located on the ground floor with approx. 1000 sq ft sales area and small storage area to the rear. There is a staircase leading to the office and WC on the first floor. The first floor has a very well presented one bedroom flat with bay window lounge, internal kitchen, bedroom and bathroom. The flat is entered via the storeroom or externally. This would make a fantastic opportunity for the right 'hands-on' owner/operator to take this business to the next level or to start a new business, possibly a hairdressers, nail bar, beauty salon or tanning shop (subject to consents). The commercial unit can be sold on its own with fixtures and fittings subject to negotiation (stock not included). Copy of financial statement for year ending March 2017 on request.

Tenure

Freehold

High street trading shop

One bedroom flat above

Good clientele

Opportunity to increase sales

Sales area of approx. 1000 sq ft

Area

The subjects are located within the town of Lockerbie, offering a central and visible presence along the main High Street. Close to the junction with Bridge Street, the business is situated next to Lockerbie Town Hall and is also a a short distance away from the local train station. Lockerbie is located in Dumfries & Galloway, Southwest Scotland with a population of circa 4,000 residents. The town lies approximately 75 miles south of Glasgow and 20 miles from the border with England, with easy access via the M74 corridor.

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.