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Commercial Unit In Prominent Location
Tenant In Situ
Current Rental Yield Of Over 17%
Lease Agreement Until June 2022
Rent Review June 2020
Return On Investment From Day One
Current Rental Income £4,500pcm
This ground floor commercial unit enjoys a prominent position in central Dumfries. The floor area extends to 353 square feet and comprises front sales area, rear storage and staff toilet. The unit is currently tenanted at a rental of £4500+VAT per annum and is operating as a sports nutrition retail unit. The existing lease term runs to June 2022 with a break clause in December 2018 and rent review in June 2020. The current rental yield of over 17% is achievable from day one making this a perfect addition to an existing commercial rental portfolio. We are accepting pre auction offers for this property.
Commercial unit in prominent location Tenant in situ Current rental yield of over 17% Lease agreement until June 2022 Rent review June 2020 Return on investment from day one Current rental income £4,500pcm
Area Dumfries is the principal shopping and administrative centre in Dumfries and Galloway region of southwest Scotland. The town lies approximately 75 miles south of Glasgow, 34 miles northwest of Carlisle and is bypassed by the A75 trunk road. The town's retail catchment includes other nearby towns and villages, together with the surrounding rural hinterland. The area also draws significant tourist trade during the spring and summer months.
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