Property for sale
Key information
Property description & features
- Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Newton Stewart, Dumfries and Galloway.
- Large premises that extends to approximately 129 meters squared. Excellent Rental potential of £6,500 - £7,500.
- Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property.
- Super Rental yield potential of 13% - 15% if achieved for Guide price of £50,000.
- Property benefits from being in the busiest street in Newton Stewart, offering a range of commutable benefits and attractions, sure to appeal to landlords looking for an excellent turnkey commercial
- Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Newton Stewart, Dumfries and Galloway.
- Large premises that extends to approximately 129 meters squared. Excellent Rental potential of £6,500 - £7,500.
- Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property.
- Super Rental yield potential of 13% - 15% if achieved for Guide price of £50,000.
- Property benefits from being in the busiest street in Newton Stewart, offering a range of commutable benefits and attractions, sure to appeal to landlords looking for an excellent turnkey commercial investment.
Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Newton Stewart, Dumfries and Galloway.
The large premises extends to approximately 129 meters squared, providing an excellent potential of £6,500 - £7,500 which is sure to appeal to a variety of buyers.
The property comprises of a ground floor retail unit contained within a two-storey building of stone construction beneath a pitched and slated roof, interconnecting to two single storey rear extensions of stone/brick construction beneath pitched and slated roofs. Internally, the subjects comprise open plan retail accommodation with office, storage, kitchen and w.c. facilities.
Property is situated within the business district of Newton Stewart attracting a large footfall, which is sure to attract large volumes of business.
Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property with a potential rental monthly value of £541 - £625 which gifts a 13% - 15% gross yield based off a purchase price of £50,000.
The property was used as a successful florist however could be used for a variety of other uses such as an office, shop unit, café or more. There could also be potential to turn it into a fast-food restaurant (subject to researching and gaining the necessary contents).
Property benefits from being in the busiest street in Newton Stewart, offering a range of commutable benefits and attractions, sure to appeal to landlords looking for an excellent turnkey commercial investment.
The property comprises of a ground floor retail unit contained within a two-storey building of stone construction beneath a pitched and slated roof, interconnecting to two single storey rear extensions of stone/brick construction beneath pitched and slated roofs. Internally, the subjects comprise open plan retail accommodation with office, storage, kitchen and w.c. facilities.
Location
Newton Stewart is located within Dumfries & Galloway and has a resident population of approximately 4,092 persons (Census 2011). The town is situated approximately 24 miles east of Stranraer and 41 miles west of Dumfries, connected by the A75 trunk road. The subject property is situated on the west side of Victoria Street, within the town centre of Newton Stewart.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 200125428. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.