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Retail Units & Shops

Dumfries and Galloway

Dumfries

property

Let

74 High Street 74 High Street, Dumfries, DG1 2BS

Use Class

Rent pa

POA

Market Sector

High Street Scheme

Key Features

Secure high street retail investment
Tenure: Heritable
Tenant: Boots UK Limited
Rent PA: £105,000 pa
ITZA: 3,319 sq ft
NIA: 18,390 sq ft
Unexpired Term: 6.5 years
Prime Retailing Pitch
Rent reviews: 5 yearly to OMV
Tenant Covenant: 5A 2 (with a maximum credit recommendation of £16.5million)
Price: Offers in excess of £900,000 sought for the Heritable interest reflecting an attractive NIY of 11.06%
Capital Value of £49 per sq ft

Description

FOR SALE - SECURE HIGH STREET PHARMACY INVESTMENT

Location

Dumfries is the most southerly of the Scottish towns located in the county of Dumfries and Galloway. The town is strategically located at the intersection of the A75 and the A76, it is only 15 miles west of the M74 motorway which provides good access to Scotland’s central belt and north west England, Glasgow is c.70 miles to the north, Edinburgh is c.80 miles to the north east and Carlisle lies c.35 miles to he south west.

Dumfries is the main commercial centre for the south west of Scotland and the Dumfries and Galloway area. The historic market town is situated on the Rive Nith, close to the Solway Firth. Dumfries has a primary catchment area of approximately 121,000 with an estimated shopping population of 69,000.

The property is located within the prime pitch on the High Street with nearby occupiers including River Island, Waterstones, Virgin Bank, Marks & Spencer, New Look and Trespass.

Downloads

Brochure

74 High Street, Dumfries - Brochure 2023-03-14-15-13-51

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.