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92-94 High St 2,960 sq ft Office Unit Offered at £35,000 in Lockerbie DG11 2ES
Investment Highlights
- Close proximity to Lockerbie train station
- Easy access to the A74
Executive Summary
The property comprises a building of traditional construction arranged over two floors with retail accommodation and a former bakery on the ground floor and residential above. The subjects lie on High Street close to its junction with Bridge Street within Lockerbie town centre. The area is predominantly commercial in nature but with residential accommodation to upper floors.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Sale Conditions | Auction Sale |
| Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
Description
We understand the subjects extend to part of the first floor within the original tenement and all of the rear extension, with the ground floor of the extension burdened in part by a right of access in favor of the hot-food takeaway. Access is via a shared entrance door set between the two ground floor commercial units which leads to a communal stairwell. The extension is of brick construction under flat and lean-to roofs. We have not been able to access the ground floor of the extension and have therefore made certain assumptions based upon our inspection of the first floor. We understand the subjects have an interest in a large expanse of land at the rear, which is presently unused and overgrown. From reference to online mapping software, we estimate this land extends to circa 0.173 Ha (0.43 Ac).
Sale Notes
The property is Category B listed although does not appear to be located within a conservation area. We assume the property is currently registered for Class 4 (Business) use, all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. The building is however well suited to redevelopment, subject to Local Authority consents. Prospective purchasers are advised to make their own planning enquiries direct with Dumfries & Galloway Council.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 94 | 2,960 sq ft | Office | £35,000 (£11.82/sq ft) | - |
Unit 94
| Unit Size |
| 2,960 sq ft |
| Unit Use |
| Office |
| Price |
| £35,000 (£11.82/sq ft) |
| NOI |
| - |
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Unit 94
| Unit Size | 2,960 sq ft |
| Unit Use | Office |
| Price | £35,000 (£11.82/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
| Description | |
| We understand the subjects extend to part of the first floor within the original tenement and all of the rear extension, with the ground floor of the extension burdened in part by a right of access in favor of the hot-food takeaway. Access is via a shared entrance door set between the two ground floor commercial units which leads to a communal stairwell. The extension is of brick construction under flat and lean-to roofs. We have not been able to access the ground floor of the extension and have therefore made certain assumptions based upon our inspection of the first floor. We understand the subjects have an interest in a large expanse of land at the rear, which is presently unused and overgrown. From reference to online mapping software, we estimate this land extends to circa 0.173 Ha (0.43 Ac).</li></ul> | |
| Sale Notes | |
| The property is Category B listed although does not appear to be located within a conservation area. We assume the property is currently registered for Class 4 (Business) use, all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. The building is however well suited to redevelopment, subject to Local Authority consents. Prospective purchasers are advised to make their own planning enquiries direct with Dumfries & Galloway Council.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 6,076 sq ft | Floors | 3 |
| Property Type | Retail (Unit) | Typical Floor Size | 6,076 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1890 |
| Costar Property Class | C |
| Total Property Size | 6,076 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 3 |
| Typical Floor Size | 6,076 sq ft |
| Year Built | 1890 |
Amenities
- 24 Hour Access
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Nearby Major Retailers
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92-94 High St
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