For Sale – Town Centre Development Opportunity, Newton Stewart
Status: For Sale
20,
Victoria Street,
Newton Stewart,
DG8 6BT
Offers Over,
£90,000
- Sizes:
- 3983 sqft,
- 370 ㎡
Type: Purchase
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Summary
- Prominent location in Newton Stewart town centre
- C listed retail and office property over three floors
- Gross internal floor area 370sqm (3983 sqft)
- Potential for residential conversion
- Private car park with space for at least 10 cars
- 100% rates relief on individual parts
- Offers over £90,000 are invited
Location
Victoria Street is the main road route running through Newton Stewart and is a predominantly commercial trading area with a mix of local and national retailers and food and beverage operators, in the immediate vicinity.
Newton Stewart is located in the Wigtownshire area of Dumfries and Galloway region, to the south west of Scotland, located around 25 miles east of Stranraer with a 35 minute drive time, and 48 miles west of Dumfries with a one hour and eight minute drive time. The town lies on the A75 road route, providing access to both.
Description
| ‘Cree House’ is a category C listed, former bank property that occupies a mid-terraced position and is continued over three floors with two self-contained shops at ground floor level and cellular style offices located on the first and attic floors. The building has a yard/car park to its rear with access off Church Lane, although is overgrown at present.
The property needs modernisation and repair throughout. Indicative floorplans are provided. We believe that the building offers potential for redevelopment and possible conversion to residential use, subject to obtaining the necessary Local Authority consents. |
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The property extends to the following gross internal floor areas:
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The property has three rateable values:
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| The individual elements each qualify for 100% rates relief via the Small Business Bonus Scheme, subject to occupier status. | ||||||||||||
| Offers over £90,000 are invited for our client’s heritable interest. | ||||||||||||
| EPC available upon request. | ||||||||||||
| Each party to be responsible for their own legal costs incurred. |
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Contact Details
Branch: AyrTelephone: 01292 286974
Email: Anthony.zdanowicz@dmhall.co.uk
Agent Bio: View here
