Commercial property investment with a guide price of £25,000 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.
For rental purposes, the property is currently tenanted at £280/m (£3,360 p/a), which provides an excellent 13% yield if achieved for guide price of £25,000. Property could potentially attract a monthly rental figure of £300 - £400 per month. ***FANTASTIC YIELDING INVESTMENT***
Sought after main street location benefiting from large daily footfall.
Property benefits from a rateable value of £2100
Potentially high yielding investment property.
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.
Accommodation
Property comprises: Large shop front, W/C and spacious storage space to the rear.
Terms
Guide Price - £25,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Commercial investment opportunity in Dumfries town centre *** Guide Price £25,000 ***
- 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 asset they can put their own stamp on.
- ***12/13, Galloway Street, Dumfries DG2 7TL previously sold for £67,000 in 2020, 23, Galloway Street, Dumfries, Dumfriesshire DG2 7TL previously sold for £100,000 in 2023 ***
- Property is situated on a busy street in Dumfries, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***
- For rental purposes, the property is currently tenanted at £280/m (£3,360 p/a), which provides an excellent 13% yield if achieved for guide price of £25,000. Property could potentially attract a monthly rental figure of £300 - £400 per month. ***FANTASTIC YIELDING INVESTMENT***