BID NOW AVAILABLE - You can submit an offer now on this lot for the seller to consider...

Lot 10

Guide Price: £325,000 - Bid Now

1-5 Main Street, Lockerbie, DG11 2DG


GO TO...  Map  Open Viewings  Auction Details   How To Bid

Key Features:

PRIME former Original Factory Shop ***Now Vacant*** Facing Tesco Superstore***SUPER SIZE 8300 square feet (771 sq metres) WITH 30+ Car Large car park WAS LET FOR £71,772 per annum. Busy Main Road location ***Ideal opportunity to buy and let create super return OR split OR a Residential/ commercial development (subject consents)******Viewing Thu 11th October 12 - 1pm***


  • SUPER RENTAL POTENTIAL up to £75,000 per annum. VERY PROMINENT over 20,000 vehicles pass weekly. This property was sold for £540,000 historically. Internal layout could be easily altered and property split to 3 /4 units. LARG PRIVATE CAR PARK FOR 30+ Cars. Facing TESCO SUPERSTORE whilst near Home Bargains and Bank of Scotland, Greggs.
  • EXTENDED FORMER Supermarket most recently OFS single storey building, comprises ground floor retail (8300 sq feet) could be split easily and benefits from an extended frontage onto Mains Street and Arthurs Place. Loading area off Arthurs Place and parking to the rear of the property for approximately 30 cars.
  • Given the super frontage onto the main road and side street, ample car parking, excellent location facing TESCO and over 15,000 vehicles passing weekly there is an opportunity to redevelop to several units RESTAURANT / TAKE-AWAY / RETAIL UNITS/ COUNTRY SHOP / FUNERAL DIRECTORS / DENTIST etc and generate an excellent return. Or let as 1 unit.
  • SUPER PARKING MAJOR ADVANTAGE. 12 miles east of Dumfries, 26 miles north of Carlisle.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

Search SAA Records

- Click the above link to automatically search the latest records for this post code. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.


Further Details:

SUPER COMMERCIAL PROPERTY PRICED TO SELL FAST. IDEAL OPPORTUNITY TO BUY A PRIME PROPERTY. The subjects benefit from class 1 consent however there may be the prospect to obtain class 3 consent/RESTAURANT/TAKE-AWAY uses (subject to relevant consents). PRIME former Original Factory Shop ***Now Vacant*** Facing Tesco Superstore***SUPER SIZE 8300 square feet (771 sq metres) WITH 30+ Car Large car park WAS LET FOR £71,772 per annum. Busy Main Road location ***Ideal opportunity to buy and let create super return OR split OR a Residential/ commercial development (subject consents).*** SUPER RENTAL POTENTIAL up to £75,000 per annum. VERY PROMINENT over 20,000 vehicles pass weekly. This property was sold for £540,000 historically. Internal layout could be easily altered and property split to 3 /4 units subject consents LARG PRIVATE CAR PARK FOR 30+ Cars. Facing TESCO SUPERSTORE whilst near Home Bargains and Bank of Scotland, Greggs. EXTENDED FORMER Supermarket most recently OFS single storey building, comprises ground floor retail (8300 sq feet) could be split easily. Given the super frontage onto the main road and side street, ample car parking, excellent location facing TESCO and over 15,000 vehicles passing weekly there is an opportunity to redevelop to several units RESTAURANT / TAKE-AWAY / RETAIL UNITS/ COUNTRY SHOP / FUNERAL DIRECTORS / DENTIST etc and generate an excellent return. Or let as 1 unit.

Guide Price: £325,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained...

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

Map & Location:


Busy main road spot. Super frontage. Lockerbie is a market town located immediately adjacent to the A74(M). The property is situated in a prominent corner location at the junction of High Street, Mains Street, Arthurs Place and Goods Station Road in the town centre. Nearby occupiers include Tesco Superstore, Home Bargains and Bank of Scotland. 12 miles east of Dumfries, 26 miles north of Carlisle. Super sized unit with various potential possibilities to let as is / split or redevelop subject consents.

Viewings:


Open Viewings Scheduled...


  • Tuesday, October 16, 2018  :  9.25AM -> 9.40AM

  • Tuesday, October 23, 2018  :  11.00am -> 12.00pm


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. 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.

Auction Details:



  • Auction Date...

    22 October 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

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% (minimum £3,000 or lower if specified) 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.

How To Bid:


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