10 English Street Dumfries DG1 2BT

10 English Street
Dumfries
DG1 2BT

Heritable Retail Investment

  • Excellent pedestrianised pitch close to its junction with the High Street
  • Nearby occupiers include Clydesdale Bank, River Island, Marks and Spencer and the Loreburne Shopping Centre
  • Trading from property as Cash Generator Limited since 1994
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    47
  • Auction
    26th March 2015
  • Rent
    £12,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £120,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Map

* More information on the term "guide" can be found here

Heritable Retail Investment

  • Excellent pedestrianised pitch close to its junction with the High Street
  • Nearby occupiers include Clydesdale Bank, River Island, Marks and Spencer and the Loreburne Shopping Centre
  • Trading from property as Cash Generator Limited since 1994
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 47
  • Auction 26th March 2015
  • Rent
  • Status Sold
  • Price £120,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
34 miles west of Carlisle, 77 miles south of Glasgow
Roads
M74 (junction 17 and 18), A75, A709
Rail
Dumfries Station 0.4 miles
Air
Carlisle Airport 37 miles
Situation

The property is situated in an excellent pedestrianised retail pitch on the south side of English Street close to its junction with the High Street in Dumfries town centre. Nearby occupiers include Clydesdale Bank, River Island, Marks & Spencer and the Loreburne Shopping Centre.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location
Miles
34 miles west of Carlisle, 77 miles south of Glasgow
Roads
M74 (junction 17 and 18), A75, A709
Rail
Dumfries Station 0.4 miles
Air
Carlisle Airport 37 miles
Situation

The property is situated in an excellent pedestrianised retail pitch on the south side of English Street close to its junction with the High Street in Dumfries town centre. Nearby occupiers include Clydesdale Bank, River Island, Marks & Spencer and the Loreburne Shopping Centre.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a traditional three storey building providing a ground floor retail and ancillary accommodation on the first and second floors.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Tel: +44 (0)131 554 1705 or Gwen Thomas. Tel: +44 (0)20 7034 4857.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a traditional three storey building providing a ground floor retail and ancillary accommodation on the first and second floors.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Tel: +44 (0)131 554 1705 or Gwen Thomas. Tel: +44 (0)20 7034 4857.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First & Second
Retail
Ancillary
124 sq m
94 sq m
(1,340 sq ft)
(1,017 sq ft)
INDIVIDUALS (t/a Cash Generator Limited (1)) 15 years from 08/06/2001 on a full repairing and insuring lease £12,000 21/07/2016
Totals  
218 sq m
(2,357 sq ft)
    £12,000

(1) Started in 1994, Cash Generator now has 200 stores across the UK. (Source: www.cashgenerator.co.uk 02/03/2015)

Property Documents

  • Catalogue Page
    Updated Date
    06.03.15
    File Size
    628 KB
    View PDF
  • Site Plan
    Updated Date
    06.03.15
    File Size
    116 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Anderson Strathern LLP 6th Floor, Lomond House, 9 George Square
Galsgow
G2 1DY
Victoria Davis 0141 242 6077victoria.davis@andersonstrathern.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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