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Retail Investment For Sale, Cotton Street, The Corner Shop, Castle Douglas, DG7 1DG

232 Sq Ft / Leisure

For Sale - £33,000.00

Available - Last updated: 20 June 2024

The subjects comprise an attached ground and attic floor retail unit, of traditional masonry construction under a pitched and slated roof. There is a glazed customer entrance door to the front elevation, with external metal security screen. Windows are of timber casement design, externally secured by metal grilles

Location

CASTLE DOUGLAS, with a population of circa 3,700, is the main administrative town serving the Stewartry district of Dumfries and Galloway. The town has established itself as a popular boutique retailing centre, attracting good levels of tourist trade, and is the main market town for the surrounding hinterland. The town is bypassed by the A75 trunk road, located at its junction with the A713. The property occupies a prominent position on Cotton Street, at its intersection with Abercromby Road (A713), on the eastern edge of the town centre and within easy reach of the A75. On-street car parking is available in the immediate vicinity

Accommodation

Ground Floor 18.70 sq m (201sq ft )

Attic Floor 2.87sq m ( 31 sq ft )

TOTAL 21.57sq m ( 232sq ft )

Terms

GUIDE PRICE The heritable interest is for sale at a guide price of £33,000 exclusive of VAT. If properties are advertised with a guide price this will be within 10% either above or below the reserve price. If the guide price is shown as falling within a range of prices, then the reserve price will not exceed the highest value quoted.

RESERVE PRICE The reserve price is the minimum price for which the property can be sold and is confidential between the auctioneer and the vendor and cannot be disclosed. If the reserve price isn’t met, the property will remain unsold. You can contact our team and at this point you’ll be able to make an offer which will be referred to the sellers for their consideration.

DEPOSIT At the end of the auction, if the reserve price has been met, a 10% deposit (subject to a minimum deposit of £5,000) will be payable.

BUYER FEES The buyer’s fee is 2% plus VAT, subject to a minimum of £2,000 plus VAT.

LEGAL PACK The legal packs are available to view online. VAT See legal pack.

ENERGY PERFORMANCE CERTIFICATE EPC Rating: Pending A copy of the EPC is available on request.

RATING ASSESSMENT RV - £1,650. The property therefore qualifies for 100% rates relief under the Small Business Bonus Scheme.

Specification

  • Long Standing Business.
  • Loyal Customer Base.
  • Daily Delivery Service with Over 250 Clients.
  • Trading Information Available By Application.
  • Freehold Property.
  • Convenient Edge of Town Location.
  • Qualifies For 100% Rates Relief.
  • Potential Residential Conversion Opportunity.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
The Corner Shop For Sale £33,000.00 NA

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Fraser Carson

Shepherd Commercial

01387 334024

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