Page 3 - Shepherd Commercial Auction June 2022
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  MESSAGE FROM THE AUCTIONEER
 Andrew Parker
Managing Director
& Auctioneer at
SDL Property Auctions
Welcome to our June Shepherd Commercial Property
to class 3 use (food and drink), with a planning application for this having been submitted. This is sure to be of interest to any restauranteurs or budding hospitality owners in the area, and benefits from a guide price of £70,000+ plus fees.
In Patna in East Ayrshire is lot 12, a development site at Carnshalloch Avenue which extends to approximately 11.46 hectares. The site benefits from planning consent (subject to council sign off) for 138 houses, 124 detached and 14 semis. Patna is a small village around 10 miles south east of Ayr, making this a great development site for commuter opportunities to the town and beyond. The site has a guide price of £415,000+ plus fees, making it an attractive proposition for any large scale developers looking for their next site in the south west of Scotland.
Heading into the city of Glasgow, we find lot 11, 476 Sauchiehall Street. The property currently operates a hot food takeaway, which benefits from high visibility on an
area of Sauchiehall Street which receives high pedestrian footfall and vehicular traffic. The rear of the property also contains a kitchen preparation area, storage space and
staff toilet facilities. There is also an unexpired lease term
of approximately 17 years, with the passing rent sitting at £35,000 per annum, representing an 8.4% yield on the guide price of £400,000+ plus fees. This is another great opportunity for any investors looking for a property that can generate income straight away.
If you have any questions about any of the lots for
sale or the process for purchasing by auction, please
do not hesitate to call our friendly auction team on
0333 016 4000. Alternatively, you can contact one of our local Shepherd offices who would be delighted to offer you a viewing of the property ahead of the auction sale.
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Barry Dunlop
Head of Shepherd Commercial Auctions
   Welcome to our December auction catalogue
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We’re excited to be launching our June auction catalogue featuring 27 fantastic commercial opportunities across Scotland.
As always, all the lots in our Commercial Property auction are open to remote bidding online, over the phone and by proxy. To register to bid in the auction, please submit the remote bidding form here.
In Dumfries, lot 21 is 109 Queensbury Street. This is a substantial three storey, mid-terraced retail premises which is currently sub-divided to create two separate units. It is well suited to a variety of commercial uses with scope for future residential conversion of the upper floors subject to the necessary planning consents being obtained. The property
is currently fully let, and is generating an average combined rent across the units of £21,000 per annum, which represents a 13.55% yield on the property’s guide price of £155,000+ plus fees.
Lot 6 is 6 Marine Parade in Kirn, Dunoon. This is a detached commercial property which in the past has traded as a
café and garden centre. Sitting in a coastal setting on the northern boundary of Dunoon on the Cowal Peninsula, the area has a residential population of around 9,100 people. This is one of two properties being sold on behalf of the Queen’s and Lord Treasurer’s Remembrancer in June’s auction and could become a lovely coastal property with a guide price of £49,000+.
In Turriff in Aberdeenshire is lot 3, a former school site which has previously held planning permissions for 12 residential dwellings. Extending to approximately 1.8 acres, the building that was previously on site has been demolished which would allow for the lucky buyer to develop the site in a shorter timeframe. With a guide price of £80,000+ plus fees any developers looking for a smaller development site for their project should be sure to take a look.
To the north of Scotland in Wick, lot 15 is a former TSB Bank on a prime high street location. This property extends to a floor area of 1,207 sq. ft. and could be suitable for conversion
*Please see Buyer’s Terms for definition of guide price and auction fees
  































































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