Excellent Commercial Investment Opportunity located within a prime high street location in Dumfries - ***Guide Price £50,000***
Property comprises: Large shop front, 2x W/Cs, Kitchen space and spacious storage space throughout.
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.
Sought after main street location benefiting from large daily footfall.
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. Overall, it presents solid investment opportunities, particularly for those looking at rental properties, as more people seek the charm of smaller towns.
Accommodation
Size - 62.10 sq m (668 sq ft)
Terms
Guide Price - £45,000
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 located within a prime location in Dumfries ***Guide Price £50,000***
- 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 12.6 - 15.0% if achieved for the guide price of £50,000 ***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***