Property Details

Lot 1g

Guide Price: £58,000

96 Friars Vennel, Dumfies, DG1 2RE


PRIME Dumfries TOWN CENTRE Investment LET at £6,500 per annum on an FRI lease to Stuart Frew & Hugo Ho from 25/05/16 until 24/05/26 at £6,500 per annum. (5 Year rent review). Superbly fitted out and very well stocked. All rental payments up to date. ***THIS SHOP WAS HISTORICALLY SOLD FOR £100,000***


  • Ideal income £6,500 PER ANNUM from 25 May 2016 until 24 May 2026 Town Centre INVESTMENT let on a 10 year lease (FRI basis tenant pays rates insurance all bills etc) therefore hassle free investment trading well as 'The Tech Repair Shop.' Excellent location near Nationwide, Ladbrokes, Debenhams.
  • ***ESTABLISHED TENANT computer and mobile phone repairs and accessories t/a The Tech Repair Shop.*** Secure rent up to date and paid time-ously.***Lease personally held by tenants on a 10 YEAR TERM. HASSLE FREE TOWN CENTRE Investment in popular parade and trading well. Near Holland & Barrett, Boots Starbucks, WH Smith, Vodaphone.
  • **Excellent trading position.** The town of Dumfries has three golf courses, a hospital and a Morrisons supermarket. The railway station provides access to Glasgow, Edinburgh and south to Carlisle, where connections can be made for the rest of England
  • TOWN CENTRE Investment 10%pa Return

***THIS SHOP WAS HISTORICALLY SOLD FOR £100,000*** PRIME Dumfries TOWN CENTRE Investment LET at £6,500 per annum on an FRI lease to Stuart Frew & Hugo Ho from 25/05/16 until 24/05/26 at £6,500 per annum. (5 Year rent review). Superbly fitted out and very well stocked. All rental payments up to date. ***ESTABLISHED TENANT computer and mobile phone repairs and accessories t/a The Tech Repair Shop*** Secure rent up to date and paid time-ously.***Lease personally held by tenants on a 10 YEAR TERM. HASSLE FREE TOWN CENTRE Investment in popular parade and trading well. Nearby Holland & Barrett, Ladbrokesm Boots Starbucks, WH Smith, Vodaphone. Ideal income £6,500 PER ANNUM from 25 May 2016 until 24 May 2026 Town Centre INVESTMENT let on a 10 year lease (FRI basis tenant pays rates insurance all bills etc) therefore hassle free investment trading well. Excellent location near Nationwide, Ladbrokes, Debenhams. Ideal long term income producing investment and opportunity to secure £6,500 per annum income until lease expiry. The Crichton University campus is also nearby. The A74 motorway provides motorway connections both north to Glasgow and south, via the M6, to Carlisle, Penrith and central and southern England. COMMERCIAL PROPERTY IN EXCELLENT LOCATION GENERATING A SECURE AN INVESTMENT RETURN WITH GOOD CHANCES OF RENTAL GROWTH.

Guide Price: £58,000

Bid Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Open Viewings Scheduled:


Internal Open Viewings Explained:

This property will be open for internal viewings at the above dates and times. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:

You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form

Auction Details


  • Auction Date: 01 August 2017
  • Start Time: 7.00pm
  • Auction Location:
  • Glasgow Radisson Hotel
  • 301 Argyle Street, G2 8DL

Directions: View a Map & Directions to the Auction Venue.

Glasgow Radisson
| Edinburgh Marriott

Registration: You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs: All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits: If you are a successful purchaser of a lot then a deposit of 10% will be required. The deposit is accepted by the following methods:

Deposit Method: Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.