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Investment Highlights
- Centrally located in Dumfries
- A short distance from Dumfries railway station
Executive Summary
The property comprises a mid-terraced tenement building of red sandstone construction, under a pitched and slated roof. The building is arranged over five floors, providing retail space on the ground floor and basement, with residential accommodation above. The property is located on Church Crescent, which is one of the main thoroughfares into Dumfries town centre, as well as a northern continuation of the High Street. Dumfries, with a population of around 37,500 persons, is the largest town in Dumfries and Galloway and is south west Scotland’s main shopping and administrative centre. The town lies approximately 75 miles south of Glasgow and 34 miles northwest of Carlisle, occupying a strategic location at the intersection of the A75, A76 and A701 trunk roads. The A709 provides the shortest link to the A74 (M) motorway at Lockerbie, which is some 12 miles distant. Dumfries attracts trade from nearby towns and villages, together with the surrounding rural hinterland.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
which have painted walls and suspended tile ceilings. The present configuration offers three workstations, a backwash and a wall-mounted dryer at ground floor level, as well as an additional seven workstations, three backwashes
and three wall-mounted dryers at first floor level. Staff welfare, toilet facilities and storage rooms are located on the second floor. Sanitary fittings are on mixed lines. The basement and attic floors provide ancillary storage/service accommodation.
We understand the property is registered for Class 1A (Shops, financial, professional and other services) use, all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. The property is however well suited to alternative commercial use or potentially partial residential conversion, subject to Local Authority consents
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 12-14 | 1,510 SF | Retail | $236,929 ($156.91/SF) | - |
Unit 12-14
| Unit Size |
| 1,510 SF |
| Condo Use |
| Retail |
| Price |
| $236,929 ($156.91/SF) |
| NOI |
| - |
Unit 12-14
| Unit Size | 1,510 SF |
| Condo Use | Retail |
| Price | $236,929 ($156.91/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| The mid-terraced, Category C listed building is of traditional red sandstone construction surmounted by a pitched roof clad with slate. Part of the building projects over a neighbouring unit. The ground floor sales frontage consists of full height aluminium casement glazing and two entrance doors, set below full-width fascia signage. The upper floor windows are generally of single/ double glazed uPVC casement design. The floors have laminate, vinyl or carpet coverings. The primary studio space is arranged over the ground & first floors<br> which have painted walls and suspended tile ceilings. The present configuration offers three workstations, a backwash and a wall-mounted dryer at ground floor level, as well as an additional seven workstations, three backwashes<br> and three wall-mounted dryers at first floor level. Staff welfare, toilet facilities and storage rooms are located on the second floor. Sanitary fittings are on mixed lines. The basement and attic floors provide ancillary storage/service accommodation.</li></ul> | |
| Sale Notes | |
| We understand all trade equipment is owned outright and will be included as part of the proposed sale. A full inventory is available on request.<br> <br> We understand the property is registered for Class 1A (Shops, financial, professional and other services) use, all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. The property is however well suited to alternative commercial use or potentially partial residential conversion, subject to Local Authority consents</li></ul> |
Property Facts
| Total Building Size | 2,098 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 395 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
| Building Class | C | Lot Size | 0.02 AC |
| Total Building Size | 2,098 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 395 SF |
| Year Built | 1910 |
| Lot Size | 0.02 AC |
Amenities
- 24 Hour Access
Nearby Major Retailers
Presented by
12-14 Church Crescent
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