Property for sale in Church Crescent, Dumfries, Dumfriesshire DG1

Guide price £125,000
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Property for sale

1

Tenure:
Freehold
Council tax band:
Not available
More details

Property features

  • Tenanted multiple occupancy unit
  • Beauty related tenants in situ
  • Rental income from day one
  • Scope to add further tenants
  • Central Dumfries location

Property description

Tenanted commercial unit

New to auction is this tenanted multiple occupancy commercial unit, conveniently located on the western edge of Dumfries town centre. The unit extends to approximately 129 sq. Metres on the ground floor, and is immaculately presented throughout with a new boiler, electric heating system and having been rewired in the recent past. All current tenants are operating beauty related businesses, with attractive rental income being produced at approximately 60% capacity with scope to add further tenants into the existing unit. Trading figures can be made available to interested parties following initial viewing. The published rateable value is £8,800 which may qualify for relief under the Small Business Bonus Scheme, and the property is currently not elected for VAT. With rental income available from day one this is an ideal addition to an existing commercial portfolio, but could also be an exciting first step on the commercial property ladder. Early expression of interest is essential to avoid missing out.

Church Crescent is conveniently located on the western edge of Dumfries town centre. Dumfries town centre offers a combination of good shopping facilities and historic buildings, and is also the home of a substantial college and university campus located within beautiful grounds overlooking the town and has three golf courses. A regular local bus, servicing the town centre, stops in the immediate vicinity and for further afield, Dumfries train station provides regular links to Glasgow and all points south, as does the bus station situated on the Whitesands by the River Nith. There are regular and quick train connections to Edinburgh from the small town of Lockerbie, just a few miles away. Lockerbie also has a regular bus service with Dumfries. The M6 and M74 road networks are accessible nearby at Moffat, Gretna and Lockerbie. The surrounding area offers glorious countryside and historic sites with easy access to the beautiful coastline and a variety of sporting and country pursuits.


Purchasers notes


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