Prime opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for an affordable commercial investment opportunity.
Fantastic opportunity for shrewd investor looking for an affordable commercial premises.
For rental purposes, the property could attract a monthly rental of £450 - £550 pm. This would provide an annual income of £5400 - £6600 per annum.
The Old Clock Shop is highly secured with reinforced steel shutters, and hard wired CCTV cameras which cover both the interior and exterior of the 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: Front sales area, private staff and toilet facilities, private parking bay and exit to the rear, hard wired CCTV system covering interior and exterior.
Terms
Guide Price - £50,000
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
- Brand new to the market is this excellent commercial property situated on Friars Vennel in Dumfries *** Guide Price - £70,000 ***
- *** 63-65, Friars Vennel, Dumfries DG1 2RQ previously sold for £100,000, School Of Arts, George Street, Dumfries DG1 1EA previously sold for £95,000 **
- 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.
- Property is situated on a busy street in Dumfries, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***
- For rental purposes, the property could achieve between £450 - £550 per month which could provide an impressive yield if achieved for the guide price .