Commercial Property in DG16 available for sale
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Commercial Property for Sale near DG16, Gretna

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More details for 31 Annan Road – Retail for Sale, Gretna

31 Annan Road

  • Mixed Types for Sale
  • £255,000
  • 2 Properties | Mixed Types

Gretna Portfolio of properties for Sale

The property comprises a ground floor commercial unit and forms part of a neighborhood parade anchored by a Co-op Foodstore which sits prominently fronting Annan Road. The main access is from the front elevation via a double-glazed shop front and entrance door, with a secondary access to the rear. The unit benefits from shared car parking to the front and a yard/bin store area to the gable and rear elevations. Internally, the property has been fully fitted as an Indian restaurant and provides a restaurant/bar area to the front with kitchen and toilet facilities to the rear, completed to a good quality & modern standard. The investment also benefits from an adjoining plot where planning permission has been secured to develop a further unit of 1,000 sq. ft. A copy of the planning permission is available upon request. Ground Floor Retail: 1,108 Sq. ft. (102.91 Sq. m) Adjoining Land: 1,000 Sq. ft. (92.9 Sq. m) TENURE The property is offered for sale on a freehold basis, subject to the existing occupational lease. LEASING DETAILS The premises is let on a full repairing and insuring lease for a term of 15 years from 11th December 2023, expiring 10 December 2038. The lease contains a stepped rent structure with the passing rent of £16,000 per annum for years one to three, rising to £18,000 per annum for years four and five. The lease is subject to five-yearly rent reviews geared to open market rental value thereafter. The lease includes tenant-only break options on the 5th and 10th anniversaries being 11th December 2028 and 11th December 2033 respectively. There are no Landlord break clauses. The Vendor is seeking offers for their freehold interest subject to and with the benefit of the lease in place in the sum of: Retail: £205,000 (Two Hundred and Five Thousand Pounds) Adjoining Land: £50,000 (Fifty Thousand Pounds) A purchase at this level reflects a net initial yield of 7.5% after allowing for purchaser’s costs, based on the current passing rent of £16,000 per annum. The rent increases to £18,000 per annum from year four (December 2026), which equates to a net yield of 8.22% from that point onwards, providing a built-in income growth without reliance on market rental increases.

Contact:

Hitchcock Wright & Partners

Property Subtype:

Mixed Types

Date on Market:

10/03/2026
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Commercial Properties for Sale Within 5 miles of the DG16, Gretna

LoopNet UK Dumfries And Galloway Gretna Commercial Properties For Sale in DG16, Gretna, UK

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FAQs about Commercial Properties For Sale in DG16

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How many Commercial Property listings are available for sale in DG16?
There are currently 3 Commercial Properties available for sale near DG16. These DG16 Commercial Property listings have an average size of. The largest available listing in DG16 is. The thriving commercial centre and excellent transport links in DG16 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in DG16?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in DG16 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in DG16?
There is a diverse range of commercial properties available in DG16 to suit various business needs. DG16 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 DG16 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

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You searched for commercial property for sale in DG16. Explore 3 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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