FOR SALE Retail Investment
�35 Main Street, Kirkconnel, Sanquhar, DG4 6NB
Well presented retail premises 71.47 sq m (769 sq ft) approx.
Located on a main arterial road New 10 year FRI lease VAT free freehold opportunity Free parking
Viewing by appointment with the sole selling agents; Kirkstone Property Consultancy 0141 291 5786
Suite 2/3, West George Street, Glasgow, G2 1BP www.kirkstoneproperty.com Loca on Accommoda on Kirkconnel is a small town in Dumfries and Galloway, The accommodation has been measured in accordance with the southwestern Scotland. It is located on the A76 near the head of RICS Property Measurement (2nd edition) Professional Nithsdale. The property is situated on the north side of Main Statement and the following approximate area has been Street within the centre of the town, which forms the main calculated on a net internal basis: 71.47 sq m (769 sq ft). arterial route through the town centre. Kirkconnel provides essential goods and services to the local community and Tenancy surrounding area. Public transport is provided with both bus and The property is let on full repairing and repairing terms for a 10 rail links between Kilmarnock and Dumfries. year term commencing 5th July 2021 at a current rent of £5,200 per annum. The lease incorporates a mutual break option on the third and sixth anniversary from the term commencement date. The rent is subject to an open market rent review on the fifth anniversary.
Offers Offers in excess of £50,000 are invited for the heritable interest (Scottish equivalent to English Freehold) which based on the rental income of £5,200 per annum would reflect a net initial � yield of 10.4%.
Descrip on The property comprises a mid-terraced ground floor retail unit, contained within a building of brickwork construction with sandstone facade under a pitched and slated roof. Access is provided directly from the shop frontage. The accommodation comprises an open plan retail unit currently in the form of a cafe with a dining area to the rear, WC’s and store. The floor is of terrazzo and is carpeted in the dining area. The walls are plaster/ painted and the ceilings incorporate a mix of spot and fluorescent strip lighting. Space heating is provided electrically.
Facts
Rateable Value £2,500
EPC Available upon request
VAT Not payable on the sale price.
Legal Costs Each party will be responsible for their own.
Entry Available on completion of legal formalities.
Kirkstone Property Consultancy is a Limited company Registered in Scotland No SC682540, Kirkstone Property Consultancy for themselves and the Vendors/Lessors of this property for whom they act give notice that (1) All statements contained in these particulars are made without acceptance of any liability in negligence or otherwise by Kirkstone Property Consultancy, for themselves or for the Vendors/Lessors. (2) These particulars do not and shall not constitute, in whole or in part, an offer or a contract or part thereof, and Kirkstone Property Consultancy have no authority to make or enter into any such contract or offer. (3) The Vendors/Lessors do not make, give or imply, not do Kirkstone Property Consultancy or any person in their employment have any authority to make, give or imply, whether in these particulars or otherwise any representation or warranty whatsoever in relation to the property. (4) None of the statements contained in these particulars is to be relied on as a statement or representation of fact or warranty on any matter whatsoever, and intending purchasers must satisfy themselves by whatever means as to the correctness of any statements made within these particulars. (5) Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Date of Publication: March 2021.
Get in touch 0141 291 5786 Email: [email protected] kirkstoneproperty.com
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