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10 English St 2,357 sq ft Retail Property Dumfries DG1 2BT £100,000 (£42.43/sq ft) 14% Net Initial Yield
Investment Highlights
- Held on F.R.I Lease
- Lease Expiry: June 2040
- Ground, 1st & 2nd Floor
Executive Summary
The property is held on a full repairing and insuring head lease.
The property comprises a 3 storey mid terraced commercial space of traditional construction with extensive display frontage. The property offers a recessed single door entrance with dual display windows on either side secured by an aluminium roller shutter.Internally the property is primarily in an open plan layout with main counter and partition erected to the rear with single staircase leading to the upper floors. The upper floors offer stores, office, workshop, staff room and w.c facilities.
The property comprises a 3 storey mid terraced commercial space of traditional construction with extensive display frontage. The property offers a recessed single door entrance with dual display windows on either side secured by an aluminium roller shutter.Internally the property is primarily in an open plan layout with main counter and partition erected to the rear with single staircase leading to the upper floors. The upper floors offer stores, office, workshop, staff room and w.c facilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
2,357 sq ft
Costar Property Class
C
Year Built
1900
Price
£100,000
Price per sq ft
£42.43
Yield
14%
NOI
£14,000
Tenancy
Single
Number of Floors
3
1 1
Nearby Major Retailers
1 of 2
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10 English St
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