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Guide price
£68,000

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King Street Commercial Investment, Castle Douglas, Dumfriesshire DG7
Auction
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Added < 7 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant
  • AUCTION DATE: 09 January 2025
EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY - former card and gift shop in King Street, Castle Douglas. Busy location. HIGH YIELD potential with realistic rental of up to £1000pm (£12,000pa) PROPERTY COMPRISES:- Double frontage, entrance, Sales area, office, store/staff room, Toilet. Loft area. Property recently refurbished to high standard and would make an excellent retail store. .For rental purposes, the property could attract a monthly rental of £900 -1000pcm. This would provide an excellent gross yield of 12.7 - 14.0% if achieved for the guide price. *HIGH YIELD POTENTIAL* Property benefits from a rateable value of £7,500 per annum. Property boasts an impressive size of 119.88m2. Sure to appeal to investors looking for an affordable commercial investment Property is situated on a busy street in Castledouglas, benefiting from large footfall traffic - *prime commercial investment location*

Auction Details
09 January 2025, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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