Prime Town Centre Location
88, 88a, 90 & 92 High Street
Well Let Retail Investment
Let to Vision Express & Private Individual t/a "Upper Crust Deli"
Passing Rent: £43,650p.a.
1st & 2nd Floor Vacant Office
Total E.R.V £55,650p.a
Sale Price: £425,000
DUMFRIES, with a population of around 37,500 persons, is the largest town in Dumfries and Galloway, and southwest Scotland's main shopping and administrative centre.The town lies approximately 75 miles south of Glasgow and 34 miles northwest of Carlisle, and occupies a strategic location at the intersection of the A75, A76 and A701 trunk roads. The A709 provides the shortest link to the A74 (M) motorway at Lockerbie, which is some 12 miles distant.
The subjects boast an accessible location in the centre of Dumfries overlooking the pedestrianised High Street. There is adequate public car parking within short walking distance and there are good bus links in the vicinity.
Other nearby occupiers include Vision Express, Boots, River Island, Marks and Spencer, Burton and Dorothy Perkin. The Loreburn Shopping Centre is also close-by.
The property comprises a 3 storey commercial development of traditional construction surmounted by a pitched roof.
Separated to form 2 no ground floor retail units plus 2 office suites at first and second floors, accessible via a recessed secure entry from High Street, the upper floors may lend themselves to future residential conversion.
The ground floor retail units offer prominent frontages facing south with excellent natural light throughout the day, with large display windows.
Upper Crust Deli is fitted out to form a sandwich bar and delicatessen with partitions erected to the rear to form staff w.c, store room and open plan prep area with access to the basement store via a single staircase.
Vision Express has been fitted out internally in accordance with the tenant corporate specification with lighting provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling, with partitions erected to form private consultation room, staff room, staff w.c. facilities and store. Forming ground, basement and upper floor.
The upper floor office accommodation is accessed via a partially recessed controlled entry door to the side of the retail units. The office space extends to a large open plan office with ancillary office space, kitchen facilities and separate toilets.
Access to the suites is via a common entrance door from the High Street and a shared internal stair leading to first and second floors. Each suite has a separate buzzer entry system. Internally the space is bright with natural daylight captured via double glazed windows.
The properties have been calculated to offer the following net internal areas;
88 High St (Office): 145sqm (1,560sq ft)
90 High St: Ground 106.8sqm (1,150sq ft)
Bsm 37sqm (400sq ft)
1st. 37sqm (400sq ft)
92 High St: Grnd 18.58sqm (200sq ft)
Bsm 18.58sqm (200sq ft)
The following properties are held on full repairing and insuring head leases on the following terms;
90 High Street
Tenant: Vision Express UK Ltd
Term: Expiry 15th May 2023
Passing Rent: £35,250p.a.
92 High Street
Tenant: Personal Name t/a "Upper Crust Deli"
Term: Expiry 15th May 2023
88 High Street
Currently vacant with an E.R.V of £12,000per annum
The property is available as a whole for £425,000
Figures quoted are exclusive of V.A.T.
Available on request
Each party shall bear their own legal costs incurred in the transaction