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Lot 14b

Guide Price: £247,500 - Bid Now

9-13 Castle Street, Dumfries, DG1 1DJ


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Key Features:

FORMER POUNSTRETCHERS, 5,200 sq feet over Ground - 3,752 sq feet and 1st floor - 1,540 sq feet + 2nd floor. WAS £355,000 REDUCED FOR A FAST SALE. Potential Rental = £40,000 PA FRI.


  • Rental Potential £40,000 p.a. Super spot Greggs next door. PROMINENT LOCATION FRONTING MAIN BUS TERMINAL. WAS LET FOR £55,000 per annum. Sensible price for a fast sale.
  • SUPER FOOTFALL. Nearby occupiers include Boots Pharmacy, Greggs, Barclays, Argos, Nationwide Building Society, Ladbrokes, William Hill, Game and Debenhams.
  • A goods lift has been installed which serves the upper floor. Has a traditional full height glazed frontage with recessed central double door entrance.
  • IDEAL INVESTMENT PROPERTY WOULD GENERATE A RETURN OF 15%+ PER ANNUM. Great spot and frontage. ***PRICEED FOR A FAST SALE.***


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 Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

FORMER POUNSTRETCHERS, 5,200 sq feet over Ground - 3,752 sq feet and 1st floor - 1,540 sq feet + 2nd Floor. WAS £355,000 REDUCED FOR A FAST SALE. Substantial GROUND, FIRST FLOOR RETAIL PREMISES WITH OPEN PLAN ACCOMMODATION, REAR DELIVERY ACCESS, STORAGE AND LIFT ACCESS. Rental Potential £40,000 p.a. Super spot Greggs next door. PROMINENT LOCATION FRONTING MAIN BUS TERMINAL. WAS LET FOR £55,000 per annum. Sensible price for a fast sale. Fronts the main public bus terminal that serves the northern part of the main retailing area, known as ‘Burns Square’, which has recently been regenerated. SUPER FOOTFALL. Nearby occupiers include Boots Pharmacy, Greggs, Barclays, Argos, Nationwide Building Society, Ladbrokes, William Hill, Game and Debenhams. Delivery access at the rear with neighbouring occupier, Greggs. (relocation for Greggs trade has doubled). A goods lift has been installed which serves the upper floor. Has a traditional full height glazed frontage with recessed central double door entrance. A shared private service yard and parking area is located at the rear of the property. IDEAL INVESTMENT PROPERTY WOULD GENERATE A RETURN OF 15%+ PER ANNUM. Great spot and frontage. ***PRICEED FOR A FAST SALE.***

Guide Price: £247,500 - 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. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

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:


Dumfries is the principal shopping and administrative centre in the Dumfries and Galloway region of southwest Scotland, and has a residential population of around 37,500 persons. The town lies approximately 75 miles south of Glasgow, 34 miles northwest of Carlisle and is bypassed by the A75 trunk road. The town’s retail catchment includes other nearby towns and villages, together with the surrounding rural hinterland. The area also draws in significant tourist trade during the spring and summer months. The subject property occupies a very prominent position on Castle Street, positioned between its junctions with Friars Vennel and Buccluech Street. Castle Street forms a continuation of the pedestrianised High Street. In addition, the subjects front the main public bus terminal that serves the northern part of the main retailing area, known as ‘Burns Square’, which has recently been regenerated. As a result the subjects benefit from good passing footfall. Nearby occupiers include Boots Pharmacy, Greggs, Barclays, Argos, Nationwide Building Society, Ladbrokes, William Hill, Game and Debenhams.

Viewings:


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...

    30 April 2019


  • 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