£175,000 + VAT
Dumfries is a large market town and former royal burgh within the Dumfries and Galloway region of Scotland. The town is in an attractive location near the mouth of the River Nith into the Solway Firth in the south of Scotland. The town of Dumfries is the retail and administrative centre of the Dumfries and Galloway council
region. The town has a population of approximately 35,000 persons and the wider Dumfries and Galloway region has a total population of approximately 150,000 persons.
The market town is popular with day and short stay visitors visiting the general area.
Specifically, the subjects are located within the core town centre in an attractive location on Whitesands overlooking the River Nith. There is substantial town centre car parking nearby with a car park to the rear and front with a number of town centre bus stances located on the other side of Whitesands road. There are a number of secondary retail premises in the immediate vicinity in addition to a number of independent café/take-away and licensed premises.
The subjects are also a ten minute walk away from the Queen of the South's Palmerston Park football and The New Bazaar is known as the location where Queen of the South Football Club was established.
The popular Whitesands location benefits form desirable riverside views and outlook. In early 2021 the Whitesands Project was confirmed for redevelopment, upgrade and flood prevention works (https://www.dumgal.gov.uk/whitesands).
The New Bazaar is a sandstone constructed former hotel premises dating back to 1850. The subjects would have originally served local customers, farmers and travelling visitors, many of which would have arrived on horse and cart. The licensed premises is also the meeting place where Queen of the South Football Club were established.
The subjects are formed within a two storey plus attic building with two storey extension to the rear under pitched roofs, clad in slate tiles with 3 no. attic dormer projections to the front. The subjects are on a self-contained site bounded by a brick constructed wall to the rear. There is a beer garden to the internal courtyard in addition to pavement seating to the front and a gated pend to one side.
The accommodation is as follows:
Open plan trading area with lounge bar (30) to one side plus public bar (14) plus bar for approx. 12 bar stools. The trading area is decorated in a traditional style and benefits from traditional features including part-height timber wall panelling and attractive large timber bar servery with feature Italian hardwood and marble gantry. There is a further dining room (25) to the rear with potential to create patio doors from the dining room to the external courtyard area. Ancillary accommodation includes cellar, drinks store and general stores with potential to create a small Commercial kitchen. See layout plan.
|GIA (SQ. FT.)|
GIA (SQ. M.)
|GROUND FLOOR||2,1450 sq. ft.|
199 sq. m.
|FIRST FLOOR||2,140 sq. ft.||199 sq. m.|
|ATTICK||745 sq. ft.||69 sq. m.|
|TOTAL||5,025 sq. ft.|
267 sq. m.
Potential 8/9 letting bedroom accommodation or residential apartment(s) subject to consents. The upper levels are in shell condition requiring full refurbishment with potential 5/6 rooms to the first floor and 3 over the attic level. The upper levels also provide scope for a mixture of letting rooms and owner accommodation. There is electricity to the upper levels (no heating).
Part-covered external courtyard area/garden (30) on mixed seating with outdoor wall mounted flat screen TV.
We understand that the property is connected to mains gas, electricity, water and drainage. Heating is provided to the ground floor licensed premises via a gas fired boiler central heating system.
There is a premises licence is place under the 2005 Licensing Scotland Act. The premises has temporary licence agreements in place for an extensive external pavement seating area to the front.
The premises are described in the Valuation Roll as a Public House with a Rateable Value of £9,000, effective 1 April 2017. The premises is below the rates payable threshold of RV £15,000, therefore, the licensed premises is currently rates exempt under the Small Business Bonus Scheme.
The property provides a great licensed premises opportunity with genuine development potential for letting accommodation, a mix of letting rooms and owner’s accommodation or flats subject to consent. The subjects are set in an enviable location with a superb outlook over the River Nith to be further improved by the Whitesands Project. There is also suitable space to install a commercial kitchen and improve the trading area at the rear. This is undoubtedly an exciting development opportunity.
The premises are available for sale. The purchase price is to include all trade fixtures and fittings. Stock is excluded and additional.
The premises have been placed on the market at offers over £175,000 plus VAT.
The unit has an Energy Performance Rating of ‘G’. A copy of the EPC is available on request.
Strictly no approaches to be made to the property direct. For further information please contact CDLH on 0141 331 0650.
Designed & built by Mucky Puddle