Page 16 - Shepherd February Commercial Auction 2023

Lot 11
Large detached hotel premises
1 Queen Street, Castle Douglas DG7 1HX
Features:
• Prominent town centre location
• Private gardens and off-street parking
• Scope for continued commercial use or possible residential conversion opportunity, subject to planning • Council tax band: A
Description:
The subjects comprise a two storey and attic detached hotel premises of stone / brick construction, surmounted by a series of pitched & slated / flat felt roofs. The windows are of single-glazed timber sash and double-glazed uPVC casement design.
Location:
Castle Douglas with a population of around 4,200, is the main administrative town serving the Stewartry district of Dumfries and Galloway. The town is a popular boutique retailing centre, attracting good levels of tourist trade, and is the main market town for the surrounding rural areas. It is also known as the regions Food Town hosting a variety of events throughout the year and supporting a large number of local businesses within the food and drink sector. The property is located at the northern end of the town centre and is situated on the eastern side of Queen Street, at its junctions with Oakwell Road (A745) and King Street (A713), overlooking a public park.
Accommodation:
Internally, the property extends to the following accommodation:
Ground Floor: Entrance Porch & Hallway, Lounge Bar, Dining Room / Function Room, Owner’s Sitting Room, Kitchen, Utility Room, Beer Cellar, Stores & Toilets.
First Floor: Total of Nine Bedrooms (Four Ensuite), Two Bathrooms and a Shower Room.
The attic space is currently used as storage.
Externally, there are private garden grounds surrounding the building together with ample off-street parking at the rear, with space available for the erection of a garage.
Ground Floor - 224.34 sqm (2,415 sq ft). First Floor - 172.48 sq. m (1,857 sq ft). Attic Floor - 21.09 sqm (227 sq ft). Total - 417.91 sq. m. (4,499 sq. ft.)
*Guide Price £165,000+ (plus fees)
16 | *Please see Buyer’s Terms for definition of guide price and auction fees
Energy Efficiency Rating: TBC
Rating Assessment and Council Tax:
Council Tax – Band A.
Current RV - £3,000.Proposed 2023 RV - £3,500.
The property therefore currently qualifies for 100% rates relief under the Small Business Bonus Scheme.
Viewing:
Viewings by arrangement with Shepherd Commercial Property Auctions -Tel: 0333 016 4000 Email: auctions@shepherd.co.uk
Auction Type: Unconditional Sale. The buyers fee is 2% plus VAT (2.4% including VAT), subject to a minimum of £2,000 plus VAT (£2,400 including VAT).
Closing date for next Auction: 7th May 2020 - Entries Invited