107 English Street, Dumfriesshire, DG1 2DA

Description

• PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Dumfries.

• The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

• This property has the potential to achieve an impressive rental income of between £14,000 to £16,000 per annum. With a projected yield of 22% to 28% if purchased at the guide price, this is an exceptional opportunity. Additionally, its rateable value of £6,400 qualifies for low-rate relief, making it a great rental income opportunity.

• The unit benefits from high footfall and excellent passing trade due to its prime location. This represents an outstanding opportunity for an owner-occupier to secure an affordable commercial unit in a highly desirable area.

• In good condition and ready to lease, the property offers vast potential for customisation and development. With 221.52 square meters of space, it serves as a blank canvas for ambitious investors eager to embark on their next project.

PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Dumfries.

The property comprises an inviting entrance leading to the expansive main floor area, accompanied by 12 versatile smaller rooms featuring ample storage throughout. It also includes 2 well-maintained toilets for convenience.

This property has the potential to achieve an impressive rental income of between £14,000 to £16,000 per annum. With a projected yield of 22% to 28% if purchased at the guide price, this is an exceptional opportunity. Additionally, its rateable value of £6,400 qualifies for low-rate relief, making it a great rental income opportunity.

The unit benefits from high footfall and excellent passing trade due to its prime location. This represents an outstanding opportunity for an owner-occupier to secure an affordable commercial unit in a highly desirable area.

In good condition and ready to lease, the property offers vast potential for customisation and development. With 221.52 square meters of space, it serves as a blank canvas for ambitious investors eager to embark on their next project.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Similar property at 45 High Street, Dumfriesshire sold for £60,000 in 2022**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Dumfriesshire, known for its picturesque landscapes and rich heritage, offers a serene blend of rural charm and modern amenities. With a vibrant community and excellent transport links, it's an ideal location for businesses to thrive.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.