Property photos
Auction
Freehold
Guide price
£22,500
Property for sale
Galloway Street, Dumfries DG2Tenure:
Freehold
Council tax band:
Not available
Local area information
Property location
Nearby amenities
- Laurieknowe School 0.1 miles
- Loreburn School 0.3 miles
- Dumfries 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Turnkey property
- Being sold with tenant in situ
- Located on busy main street
- May be eligible for small business rates relief
- Current rental income £350pcm / £4200pa
- Current rental yield of over 18% at Guide Price
- Visit the Auction House Scotland website to download the Legal Pack
Are you looking for a cash flowing commercial investment?
New to auction is this cash flowing commercial space on the busy Galloway Street. The property comprises of sales area, back room, w/c and a small courtyard to the rear, the property is approximately 260 sq. Meters, currently trading as a vape shop and is receiving £350 pcm and if purchased at the guide price would yield at 18%. The rateable value is currently £2075 per annum which means the property may be eligible for rates relief under the small business bonus scheme. With such an attractive guide price this will inevitably attract much attention and early expression of interest is recommended.
The property is situated on the south side of Galloway Street between its junctions with Glasgow Road and Howgate Street within the town of Dumfries. The town of Dumfries has three golf courses, a hospital and a Morrisons supermarket. The railway station provides access to Glasgow, Edinburgh and south to Carlisle, where connections can be made for the rest of England. Excellent local primary schools and Dumfries Academy is a well regarded secondary. The Crichton University campus is also nearby. The A74 motorway provides motorway connections both north to Glasgow and south, via the M6, to Carlisle, Penrith and central and southern England.
Purchasers notes
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• 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.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
New to auction is this cash flowing commercial space on the busy Galloway Street. The property comprises of sales area, back room, w/c and a small courtyard to the rear, the property is approximately 260 sq. Meters, currently trading as a vape shop and is receiving £350 pcm and if purchased at the guide price would yield at 18%. The rateable value is currently £2075 per annum which means the property may be eligible for rates relief under the small business bonus scheme. With such an attractive guide price this will inevitably attract much attention and early expression of interest is recommended.
The property is situated on the south side of Galloway Street between its junctions with Glasgow Road and Howgate Street within the town of Dumfries. The town of Dumfries has three golf courses, a hospital and a Morrisons supermarket. The railway station provides access to Glasgow, Edinburgh and south to Carlisle, where connections can be made for the rest of England. Excellent local primary schools and Dumfries Academy is a well regarded secondary. The Crichton University campus is also nearby. The A74 motorway provides motorway connections both north to Glasgow and south, via the M6, to Carlisle, Penrith and central and southern England.
Purchasers notes
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• 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.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
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More information
Listed by
Auction House Scotland
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Property descriptions and related information displayed on this page are marketing materials provided by - Auction House Scotland. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House Scotland for full details and further information.