177-189 HIGH STREET, DUMFRIES DG1 2QT
PRIME HIGH STREET RETAIL INVESTMENT OPPORTUNITY INVESTMENTDEBENHAMS 177-189 CONSIDERATIONS HIGH STREET, DUMFRIES DG1 2QT n Prime position on the pedestrianised High Street n Located in the historic market and tourist town of Dumfries n Heritable n Unexpired lease term of approximately 19.8 years n Let to the 5A1 covenant of Debenhams Properties Limited n Current passing rent of £350,000 per annum n Comprising 44,806 sq ft GIA over ground, basement, first and second floor n Well proportioned retail unit arranged over three floors with rear servicing n Offers are sought in excess of £4,400,000 (Four Million Four Hundred Thousand Pounds Only) subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of approximately 7.5% assuming purchasers costs of 6.07%. DEBENHAMS 177-189 HIGH STREET, DUMFRIES DG1 2QT PRIME HIGH STREET RETAIL INVESTMENT OPPORTUNITY
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A7 A696 LOCATION D MF A74(M) A68 A75 Dumfries is a historic market town and the main commercial A75 centre for the south west of Scotland. The town is situated A69 Corbridge on the River Nith. A569 A A694 Glasgow is located approximately 70 miles to the north, Edinburgh is approximately 80 miles to the north east and Carlisle lies
A691 approximately 35 miles to the south west. The town is strategically located at the intersection of the A75 A595 A596 A68 and the A76 and 15 miles west of the M74 motorway, the principal road link between Glasgow and Carlisle.
Cockermouth P TH Dumfries railway station provides regular services to Carlisle A66 Greystoke Workington A66 and Glasgow with fastest journey times of 37 minutes and 1 hour 42 minutes respectively. eswick A66 A688 Whitehaven Barnard Castle Glasgow airport is located 80 miles to the north and is Scotland’s M6 A67 principal long-haul airport as well as Scotland’s largest charter hub. A595 A591 A66 l Park ake Distri t ationa A685 A6 Richmond D M