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
A75, A709, A74(M) (Junction 17 & 18)
Rail
Dumfries Railway Station
Air
Glasgow International Airport
Situation
The property is very well situated on the pedestrianised High Street opposite Queensbury Square. Nearby occupiers include Debenhams, WH Smith, Superdrug, Starbucks, Iceland, Argos and Marks & Spencer.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
34 miles west of Carlisle, 77 miles south of Glasgow
Roads
A75, A709, A74(M) (Junction 17 & 18)
Rail
Dumfries Railway Station
Air
Glasgow International Airport
Situation
The property is very well situated on the pedestrianised High Street opposite Queensbury Square. Nearby occupiers include Debenhams, WH Smith, Superdrug, Starbucks, Iceland, Argos and Marks & Spencer.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement and part first floor and self-contained office accommodation on the part first and second floors. The property benefits from car parking to the rear.
Six Week Completion
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 not applicable to this lot.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement and part first floor and self-contained office accommodation on the part first and second floors. The property benefits from car parking to the rear.
Six Week Completion
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 not applicable to this lot.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
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
Review/(Reversion)
Basement Ground Part First
Ancillary Banking Hall Ancillary
116.13 sq m 297.65 sq m 28.99 sq m
(1,250 sq ft) (3,204 sq ft) (312 sq ft)
THE ROYAL BANK OF SCOTLAND PLC (1)
Approx 21 years from 13/12/2006 until 11/12/2027
£92,428
11/12/2021 (2) 11/12/2026
First Second
Office Office
182.27 sq m 182.18 sq m
(1,962 sq ft) (1,961 sq ft)
MINERVA PEOPLE LIMITED (3)
7 years from 18/08/2011 (4)
£21,000
17/08/2015 (16/08/2018)
Totals
807.22 sq m
(8,689 sq ft)
£113,428
(1) Royal Bank of Scotland has over 17 million customers in the UK and is the largest SME Bank in the UK with over 1.1 million customers. (Source: www.rbs.com) (2) The lease provides for the rent to be reviewed at the next rent review on 11th December 2021 to the higher of Open Market Rental Value or a fixed rental increase of 3.75%. (3) Minerva People are Dumfries & Galloway’s leading professional training and recruitment specialists. (www.minervapeople.co.uk). (4) The lease is subject to a schedule of condition.
