- Parking Available
- Joint Agency with J & E Shepherd
Two internally linked retail units in Town Centre location
The property is situated in Castle Douglas which has a population circa 3,700 and is the main service within the Stewartry district of Dumfries & Galloway and is located approximately 18 miles from Dumfries.
Both the properties are of standard construction having either stone or brick walls surmounted by pitched and slate/tile clad roofs.
Town Centre linked retail units currently let to Semi-Chem at a rent of £18,000 and this lease expires in May 2019
£20,000 per annum
(Properties with a Rateable Value of £15,000 and less will qualify for 100% rates relief under the small business bonus scheme)
Tenants Lease Terms
Details as to any occupiers, passing rents and lease termination dates for these properties is set out in the schedule.
The existing leases have been prepared on a Full Repairing and Insuring (FRI) basis.
Further information and copies of lease documentation can be made available on request to genuinely interested parties.
There are four properties that will be for sale in King Street. If a Purchaser would like to purchase all four as a portfolio as a whole or on separate or combined lots our clients would be willing to consider this and the Selling Agents should be contacted.
Value Added Tax
Prospective purchasers are advised to satisfy themselves independently as to the incidence of VAT in respect of any future transactions.
We assume the properties held within this portfolio benefit from Class 1 (Retail), Class 2 (Office) or Class 4 (Business) consent use.
All enquiries surrounding current or proposed uses should be directed to the Dumfries & Galloway Planning Department.
The property has mains electricity, water and drainage. The telephone line may be taken over subject to British Telecom Regulations.
A closing date for offers may be arranged and therefore it would be advisable that prospective purchasers register their interest with the Selling Agents, in writing, and preferably through their Solicitor.
Walker & Sharpe, as Selling Agents, have prepared these particulars with care. No warranty of any kind can be given that any items of electrical or mechanical equipment including, without prejudice to the foregoing generality, the central heating, drainage and electrical systems serving the property are in full working order.
The measurements, taken by sonic tape, are approximate and for guidance only. It is for prospective purchasers to investigate and satisfy themselves as to the basic facts before submitting an offer.