Description
1,237 Sq Ft PRIME COMMERCIAL INVESTMENT PROPERTY*** Town centre location. Rent: £7,800p.a increasing to £8,500 on 10th November 2026. Expiry: 9th Nov 2028. The tenant operates multiple businesses.
EXCELLENT TRADING LOCATION on Main Thoroughfare. The property is currently undergoing extensive renovation by the tenant to create a bright and welcoming showroom space
HIGH VOLUMES OF PASSING TRADE. Nearby occupiers include Bank of Scotland, Scotmid Coop, Douglas Arms Hotel and Boots Pharmacy.
PRIME TOWN CENTRE LOCATION. Situated on the South side of King St, South of its junction with Castle St within the town centre of Castle Douglas.
198 King St Castle Douglas Tenant: Strewartry Rollershutters and Garage Doors Ltd Expiry: 9th Nov 2028 Rent: £7,800p.a increasing to £8,500 on 10th November 2026 Deposit: £2,000 deposit held by landlord The tenant operates multiple businesses within Dumfries & Galloway including a livestock feed business. The property is currently undergoing extensive renovation by the tenant to create a bright and welcoming showroom space Use: Showroom & retailing space
Castle Douglas is located approximately 18 miles south west of Dumfries and has a resident population in excess of 4,500 persons. The town benefits from an expanding tourist industry and is bypassed by the A75 truck road which links the ferry port at Cairnryan with the M74 motorway at Gretna.
Full Address: 198 King Street, Tenanted Showroom Investment, Castle Douglas, DG7 1DB
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2028
Rent: £7,800 per year / £650 per month
Yield: 11% (approx)
Tenant: Company
Notes: Strewartry Rollershutters and Garage Doors Ltd
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Pricing Information & Bidding
Opening Bid: £72,000
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £1,750 for on time settlement
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Buy Now Price = £90,000
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Auction Details
Type: Timed Online Auction
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