Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,600,000
The property comprises a modern detached industrial premises with associated car parking and monoblock yard area. The unit is of steel portal frame construction and profile metal cladding externally under a dual pitched metal roof. Internally, the property benefits warehouse space with office and amenity accommodation. Vehicular access is provided by means of three level access doors and four dock level loading doors. The unit benefits from an eaves height of 6.40m rising to 8.80m at the apex. Externally, the unit benefits from a parking area to the south west of the building as well as parking immediately to the front of the property. In addition, there is a monoblock yard immediately to the south-side of the unit as well as a hard standing yard to the north-west elevation.
Warehouse - 39,950 Sq Ft Office / Amenity - 887 Sq Ft Total GIA - 40,837 Sq Ft
Dumfries is an attractive market town and the regional capital of South-West Scotland, situated approximately 75 miles south of Glasgow, 97 miles south-west of Edinburgh and 33 miles north of Carlisle. The town lies at the junction of the A75, A76 and A701. The A701 and A75 provide direct access to the A74(M) at Junctions 22 and 15 respectively, which then provides access to the south via the M6 and onwards north towards Glasgow. The A75 continues in a westerly direction and provides the main access route to Stranraer, which is situated approximately 58 miles to the west. The A76 provides access in a northerly direction to Kilmarnock and Ayr. Dumfries is connected to the West Coast UK Mainline and the West Scotland line, with daily connections to Carlisle, Glasgow and Kilmarnock. A train to Carlisle takes approximately 35 minutes, with Carlisle being connected to London in a fastest journey time of 3 hours and 20 minutes.
Freehold
The Scottish Assessors Website (www.saa.gov.uk) confirms that, within the Dumfries and Galloway Assessor, the subject property has a rateable value of 75,500.
Offers are sought in excess of 1,600,000 (One Million Six Hundred Thousand Pounds) exclusive of VAT for our clients Heritable Interest. Parties are advised to note interest with the selling agents. Viewings are by appointment only.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
The Property has been saved to your favorites
/ 5
It's quick and easy
