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Investment property with commercial retail unit

Dumfries, DG1 - Get Access

Description

This tenanted commercial investment property is situated in an excellent pedestrianised retail pitch on the south side of English Street, between its junctions with Loreburn Street and Queen Street in the heart of Dumfries town centre. The area has recently seen extensive regeneration with a revitalised pedestrian precinct and bus terminus to the front, now known as Burns Square. Dumfries is the largest town in Dumfries and Galloway with a resident population of approximately 37,500, serving as Southern Scotland's main shopping and commerce centre located roughly 75 miles south of Glasgow via the M74 motorway network and A75 trunk road. Nearby occupiers include Marks & Spencer, Boots, Waterstones, Clarks, River Island, Virgin Money, Specsavers, Sushi City, and the Loreburn Shopping Centre. Shared private parking and on-street parking are available in close proximity. The property comprises a traditional three-storey building providing ground floor retail space alongside ancillary accommodation across the first and second floors. The ground floor measures approximately 124.49 sq m (1,340 sq ft), while the first and second floors total approximately 94.48 sq m (1,017 sq ft). The property is held on a 15-year Full Repairing and Insuring (FRI) lease running from 20 June 2025 until 19 June 2040, producing a current rental income of £14,000 per annum, with tenant break clauses at years 5 and 10. This is a ready-let retail investment in a prime trading position with highly visible frontage, offering an ideal addition to any portfolio with an attractive yield.
Comparable sales
22a, English Street, DG1 2BY 0.0 mi
Flat
£53,000
8 months ago
22a, Loreburn Street, DG1 1HJ 0.0 mi
Flat
£20,000
1 year ago
86, English Street, DG1 2BY 0.0 mi
Flat
£20,000
1 year ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,357 sq ft (Listing)

Valued as a multi-storey commercial retail investment on English Street in Dumfries town centre. The property features a traditional masonry construction in fair condition with an active 15-year lease. Floor area of 2,357 sq ft is derived from the property listing details.

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