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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.
VAT FREE*** Extensive ground floor retail unit which has been partitioned to form main sales area to the front, secondary stock room / sales within a min section and store, office and w.c to the rear.
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
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: Nov 2028
Rent: £7,800 per year / £650 per month
Yield: 15% (approx)
Tenant: Company
Notes: Strewartry Rollershutters and Garage Doors Ltd
Maps & Location
Map Street View SatelliteCastle 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.
Document Downloads
Pricing Information & Bidding
Opening Bid: £52,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 198King Street, Tenanted Showroom Investment, Castle Douglas