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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT***Ground floor retail unit located in prominent town centre position. Held on a FRI Lease producing £17,750 per annum on an extended lease with 10 years unexpired.

Tenant: Savers Health & Beauty Ltd Expiry: 10th October 2035 Tenant Break: 11th October 2030 Passing Rent: £17,750 per annum Further: Savers Health & Beauty operate 522 stores throughout the U.K.

The property benefits from a prominent frontage having been renovated internally to suit the tenants corporate specifications with partitions to the rear offering stores, staff facilities and office.

The property forms the ground floor of a larger 2 storey development. The property occupies the following floor area; Ground: 257.36sqm (2,663sq ft)

PROMINENT TOWN CENTRE POSITION The property is situated on the north side of High Street close to its junction with Downies Wynd in Annan’s town centre.

INCOME PRODUCING INVESTMENT***Ground floor retail unit located in prominent town centre position. Held on a FRI Lease producing £17,750 per annum Tenant: Savers Health & Beauty Ltd Expiry: 10th October 2035 Tenant Break: 11th October 2030 Passing Rent: £17,750 per annum Further: Savers Health & Beauty operate 522 stores throughout the U.K. The property benefits from a prominent frontage having been renovated internally to suit the tenants corporate specifications with partitions to the rear offering stores, staff facilities and office. The property forms the ground floor of a larger 2 storey development. The property occupies the following floor area; Ground: 257.36sqm (2,663sq ft) PROMINENT TOWN CENTRE POSITION The property is situated on the north side of High Street close to its junction with Downies Wynd in Annan’s town centre.

The property is situated on the north side of High Street close to its junction with Downies Wynd in Annan’s town centre. Annan is the third largest settlement in the Dumfries & Galloway Council area, with a resident population of approximately 9,000. The town is located around 15 miles east of the regional capital of Dumfries, 8 miles west of Gretna and 21 miles north west of Carlisle. The town is bypassed by the A75 trunk road which provides a connection to the M74 at Gretna.

Full Address: 90 High Street, Commercial Investement, Annan, DG12 6DJ

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £17,750 per year / £1,479 per month
Yield: 12% (approx)
Tenant: Company
Notes: Tenant: Savers Health & Beauty Ltd Expiry: 10th October 2035 Tenant Break: 11th October 2030 Passing Rent: £17,750 per annum Further: Savers Health & Beauty operate 522 stores throughout the U.K.

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Pricing Information & Bidding

Opening Bid: £145,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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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 £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 22 May 2025, 10am-3pm
Type: Timed Online Auction

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