Heritable Retail Investment
Heritable Retail Investment
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 Marks & Spencer, Boots, Waterstones, Clarks, River Island and the Loreburne Shopping Centre.
Heritable. (Scottish Equivalent of English Freehold).
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 Marks & Spencer, Boots, Waterstones, Clarks, River Island and the Loreburne Shopping Centre.
Heritable. (Scottish Equivalent of English Freehold).
The property comprises a traditional three storey building providing ground floor retail accommodation and ancillary accommodation on the first and second floors.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a traditional three storey building providing ground floor retail accommodation and ancillary accommodation on the first and second floors.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground First & Second |
Retail/ Ancillary Ancillary |
124.49 sq m 94.48 sq m |
(1,340 sq ft) (1,017 sq ft) |
GAR TRADING LIMITED AND AN INDIVIDUAL (t/a Cashing Inn) |
10 years from 22/07/2016 until 21/07/2026 on a full repairing. and insuring lease (1) |
£12,000 | 22/07/2021 |
| Total |
218.97 sq m |
(2,357 sq ft) |
£12,000 | ||||
(1) The lease provides for a tenant option to determine on 22nd July 2021.
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