7 Bank Street, Dumfries, DG1 2NX

Description

• Prime Property Auctions is excited to bring to market this excellent Commercial Investment Opportunity located within a prime location in Dumfries Guide Price £45,000

• Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential or owner occupiers looking for an exceptional commercial assest they can put their own stamp on.

• For rental purposes, the property could attract a monthly rental of £525-625pcm. This would provide an excellent gross yield of 13% - 15% if achieved for the guide price of £45,000 HIGH YIELD POTENTIAL 

• Property benefits from a rateable value of £4,900 per annum. Property boasts an impressive size of 62.10m2. Sure to appeal to investors looking for an affordable commercial investment. 

• Property is situated on a busy street in Dumfries, benefiting from large footfall traffic - PRIME COMMERCIAL INVESTMENT LOCATION

Prime Property NEW Entry.  Excellent Commercial Investment Opportunity located within a prime high street location in Dumfries -  Guide Price £45,000

 Property comprises:  Large shop front, 2x W/Cs, Kitchen space and spacious storage space throughout.

Excellent opportunity. Property is ready to be let or occupied. Huge potential for change of business for investors/owner occupiers looking for a commercial premises they can put their own stamp on.

Prime Opportunity for Commercial investors looking for a commercial property in an excellent location with high yield potential. Sure to appeal to investors looking for rare auction property. 

Property benefits from a rateable value of £4,900 

For rental purposes, the property could attract a monthly rental of £525 - £625pm. This would provide an annual income of £6300 - £7500 per annum. 

Impressive size for the guide price of £45,000

Sought after main street location benefiting from large daily footfall.

Property has a Guide price of £50,000 and is sure to appeal to investors looking for an easily lettable commercial property or owner occupiers looking for a large commercial unit they can operate as business. 

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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;

Dumfries is an attractive option for buying and investing due to its affordable property prices, which are lower than in larger cities, making it accessible for homebuyers and investors. The town features a diverse economy with job opportunities in tourism, agriculture, and new businesses, contributing to its growth. Surrounded by stunning natural beauty, Dumfries attracts visitors, boosting local businesses. Its good transport links to Glasgow and Edinburgh make commuting convenient, while the friendly community offers excellent schools, parks, and healthcare, ideal for families and retirees. With a rich history and cultural attractions drawing tourists, Dumfries has potential for future growth, especially with any planned developments. Overall, it presents solid investment opportunities, particularly for those looking at rental properties, as more people seek the charm of smaller towns.

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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.