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Retail premises for sale

£24,995 Guide price

Queensberry Street, Dumfries DG1

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Property features

  • Open Viewing: Wednesday 13th December at 12:30pm
  • 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

Property description

Commercial unit

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.

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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Purchasers notes


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× No tests have been made of services, equipment or fittings.
× No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
× All measurements, distances and acres are approximate.
× Fixtures, fittings and other items are not included unless specified in these details.

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Floorplan(s): Floorplan 1

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What Zoopla users think of Dumfries

Overall rating:

  • currently 3.5 stars
Good - 65% (101 ratings)

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Nearby transport

  • Dumfries (0.3 miles)
  • Lockerbie (10.8 miles)
  • Annan (15.1 miles)
  • Glasgow Prestwick Airport (49.0 miles)
  • Edinburgh Airport (61.5 miles)
  • Glasgow Airport (64.1 miles)
  • Nichol End (Derwentwater) Ferry Landing (37.5 miles)
  • Keswick Ferry Landing (37.9 miles)
  • Hawes End Derwentwater Ferry Landing (38.3 miles)

Nearby schools

View all schools in Dumfries & Galloway
  • Holywood School (0.1 miles)
  • Loreburn School (0.1 miles)
  • St Andrew's RC School (0.2 miles)
  • Dumfries Academy (0.1 miles)
  • Elmbank Special School (0.1 miles)
  • St Joseph's College (0.7 miles)
  • Greyfriars School (0.1 miles)
  • Langlands School (0.3 miles)
  • ACAD Education (Applied Care and Development) (8.8 miles)
Note: Distances are straight line measurements

Local info for Dumfries & Galloway

About the neighbours in DG1

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House Scotland, and do not constitute property particulars. Please contact Auction House Scotland for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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