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Description

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

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Tenanted investment let to Cash Access UK producing £12,000 per annum on a FRI Lease.

Let to Cash Access UK Limited (t/a Banking Hub) on a Full Repairing and Insuring lease for a term of 10 years from 24th July 2023, expiring 23rd July 2033. The passing rent is £12,000 per annum.

The subjects comprise banking hall, meeting rooms and staff room with WC facilities. The area has been calculated to extend to the following net areas: Ground 1,371 sq ft (127.37 sq m)

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,000 PER ANNUM

EXCELLENT LOCATION Situated on St Mary Street, one of the town’s main commercial streets just a short walk to High Street, harbour, and town centre amenities.

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Tenanted investment let to Cash Access UK producing £12,000 per annum on a FRI Lease. Let to Cash Access UK Limited (t/a Banking Hub) on a Full Repairing and Insuring lease for a term of 10 years from 24th July 2023, expiring 23rd July 2033. The passing rent is £12,000 per annum. The subjects comprise banking hall, meeting rooms and staff room with WC facilities. The area has been calculated to extend to the following net areas: Ground 1,371 sq ft (127.37 sq m) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,000 PER ANNUM EXCELLENT LOCATION Situated on St Mary Street, one of the town’s main commercial streets just a short walk to High Street, harbour, and town centre amenities.

St Mary Street and the nearby High Street/St Cuthbert Street are the principal commercial retail and service locations in Kirkcudbright. Many businesses are independent and oriented to local needs and visitors — cafés, galleries, craft shops, boutique retailers, and professional services. Kirkcudbright is a historic harbour and market town in southwest Scotland, often known as “the Artists’ Town” due to its long-established creative and cultural community. It sits on the estuary of the River Dee on the north shore of the Solway Firth.

Full Address: 44 St Mary Street, Tenanted Investment , Kirkcudbright, DG6 4AA

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £12,000 per year / £1,000 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Let to Cash Access UK Limited (t/a Banking Hub) on a Full Repairing and Insuring lease for a term of 10 years from 24th July 2023, expiring 23rd July 2033. The passing rent is £12,000 per annum. There is a tenant only break in July 2028 (4.5 years unexpired). The tenant benefits from an extended rent-free period until March 2027.

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Pricing Information & Bidding

Opening Bid: £102,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • 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

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Auction Details

Date & Time: 05 March 2026, 10am-3pm
Type: Timed Online Auction

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