20 Bruce St - Supermarket FOR SALE


Lochmaben, DGY DG11 1PD
$1,150,000 USD
752-510-0920
20 Bruce St, Lochmaben, DGY for Sale
$1,150,000 USD
Supermarket - FOR SALE
1/5
null | 5.26% Cap Rate

20 Bruce St
Lochmaben, DGY DG11 1PD


HIGHLIGHTS

  • Located in the popular tourist location of Lochmaben
  • Prominent roadside position fronting the A709
  • Newly developed convenience store which completed in October 2024
  • Total income of £64,000 per annum
  • Strategic acquisition by Tesco to sit between two larger stores of Lockerbie and Dumfries

OVERVIEW

Offers in excess of £1,150,000 (One Million, One Hundred and Fifty Thousand Pounds), subject to contract, reflecting a net initial yield of 5.26%, assuming standard purchaser’s costs of 5.89%. New 15 year lease from 24 October 2024 without breaks at a rent of £60,000 per annum. 2 EV chargers on site – let to Zapgo on a 20 year lease with a 15 year break option, at a rent of £4,000 per annum.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Douglas CranstonHTA Real Estate LimitedMore Info
752-510-0920

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Douglas CranstonHTA Real Estate LimitedMore Info
752-510-0920

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.