Tessera, King Street, Castle Douglas, DG7 1AD

OFFERS OVER £380,000
“The Business is for sale as a going concern, trading as normal”

Property Details |  Download Particulars

Viewing request for Tessera, King Street, Castle Douglas, DG7 1AD

Property Overview

Interior design and Gift Business including premises and 2 Bedroom Flat with Garden.

Kirkcudbright 10 miles.

Dumfries 18 miles

Gretna M74 Motorway 54 miles

 

  • Ground Floor: Shop and Store.  
  • First Floor: Kitchen, Living Room/Dining Room. Bedroom. 
  • Second Floor: Bedroom 2, Bathroom 
  • Garden. Side Access.
 DESCRIPTION

Tessera, a delightful traditional bright and airy shop, is a very successful Design and Interior Gift Business which has built a strong reputation in Castle Douglas and throughout South West Scotland.    

Situated in a prime position at the upper end of King Street near the market hill car park, Tessera benefits from a high foot fall and is a destination shop in the town. The premises have been immaculately maintained and the shop and store room are beautifully laid out to enable the smooth running of a productive and efficient business.   In addition to the shop and store there is a two bedroomed flat above which is currently integrated into the business with show rooms and an office on the first floor and a store and bathroom on the second floor.  However, it would be easy to revert to using the flat for residential purposes with a garden to the rear with access from both the flat and a separate side alley. The business and building represents an excellent opportunity to purchase both a living and working unit in the heart of Castle Douglas or to continue to utilise it in its present format, or alternatively to separately let out the residential premises above the shop.

LOCATION

The market town of Castle Douglas is known as Scotland’s Food Town and has many local individual shops and businesses providing a varied selection of gifts, foods, and services.  There are both primary and secondary schools in the town along with supermarkets, cafes, hotels, a cottage hospital, health services, and both veterinary services and a livestock market.  In addition at the southern edge of the town there is a small and well attended theatre which provides regular theatre events, films, and a meeting room, a large park with boating lake, as well as Castle Douglas golf course.  The harbour town of Kirkcudbright is known as Scotland’s Artists Town, and similarly to Castle Douglas is very popular with tourists, particularly in the summer months with a varying range of festivities and events.  Dumfries is the principal town in the area, and provides a wider range of schools, shops, retail outlets, bus and rail services, cinema, and the newly built Dumfries and Galloway Royal Infirmary.  The Crichton Campus is home to the Dumfries campuses of both Glasgow University and the University of the West of Scotland.

The South West of Scotland is well known for its mild climate, attractive unspoilt countryside and the diversity of sporting and recreational pursuits, and is a popular tourist destination.  Threave Estate is located on the edge of Castle Douglas, and features impressive gardens, visitors centre with restaurant, variety of walks and Nature Reserve. There is good hill walking in the nearby Galloway Hills and cycling along some of the designated cycle routes as well the Seven Stanes mountain bike routes, including Dalbeattie Forest and the Galloway Forest Park.  The Galloway Forest Park, which is known for its beauty and tranquillity, is also recognised as Britain’s First Dark Sky Park, affording astronomers some phenomenal views of the night skies. There are other sporting opportunities such as shooting and stalking, as well as trout and salmon fishing on the regions numerous lochs and rivers.  For golf enthusiasts there is the nearby championship course at Southerness, and there are several other courses nearby including Castle Douglas and Kirkcudbright.  The Solway coast has a variety of beaches and is also popular with sailors, with both Kippford and Kirkcudbright having safe moorings. 

Communications to the area are very good. There are main line railway stations in Dumfries and Lockerbie, providing excellent links to both the north and south, London can be reached by train in around 4 hours.  The M74 motorway network is 54 miles distant, and there are regular flights to other parts of the UK, Ireland and Continental Europe from Prestwick Airport 49 miles and both Glasgow and Edinburgh international airports 81 miles and 95 miles respectively.

LAYOUT

The layout of the building can be seen in the floor plan included within these particulars.  In addition the site plan shows the overall extent of the Title including the side access and long rear garden. 

SERVICES

The services are split to supply the Shop and Flat separately and comprise of:

SHOP

Electricity        Mains   

Water             Mains   

Heating          Night Storage Electric

Drainage        Mains

EPC               G125 (Commercial Rating)

                                                                                             

FLAT

Electricity       Mains   

Water            Mains   

Heating          Combination Gas Boiler Central Heating

Drainage        Mains

EPC               E 51 (Domestic Rating)

 

DIRECTIONS

58 & 60 King Street can be located 80m north of the central crossroads on King Street, Castle Douglas which is the town’s main busy and vibrant shopping street.   From the northern roundabout on the A75 Castle Douglas bypass proceed into the town continuing straight on at a mini-roundabout, after a few hundred metres you will pass Tesco Store on your left.  At the next round about take the 3rd junction which leads onto King Street.   Parking can be found at the Market Hill Car Park on the top left of King Street, within easy walking distance of Tessera.

POST CODE

DG7 1AD

SOLICITORS

Hewats, 63 King Street, Castle Douglas, DG7 1AG

Tel: 01556 5053291 

LOCAL AUTHORITY

Dumfries & Galloway Council, Carruthers House, English Street, Dumfries DG1 2DD 

Tel: 01387 260000      Fax: 01387 260225

FIXTURES AND FITTINGS

No items are included unless specifically mentioned in these particulars.

BUSINESS

Details of the Business assets are available from the selling agents.

RETAIL STOCK

The purchaser will be bound to take over the retail stock at valuation.

OUTGOINGS

The rateable value of the shop for the year 2018 – 2019 is £9,950 and the Rate payable is 48p/£. Small Business Rate Relief may be available to a purchaser.

VIEWING

Strictly by appointment through the Selling Agents only.  (This must be adhered to owing to the nature of the business which remains a trading business and viewings therefore require to be scheduled by the Selling Agents and accompanied at all times.  Interested parties are asked not to make any enquiries within the shop itself).

TUPE Transfer of Undertakings (Protection of Employment)   

The purchaser will be required to fulfil the obligations under the TUPE legislation. Details are available from the Selling Agent.

IMPORTANT NOTES

  • These particulars are intended to give a fair and overall description of the property. If any points are relevant to your interest, please ask for further information, prior to viewing prospective purchasers are advised to seek their own professional advice. 
  • Areas, measurements and distances are given as a guide. Photographs depict only certain parts of the property.  Nothing within the particulars shall be deemed to be a statement as to the structural condition, nor the working order of services and appliances. 
  • These particulars shall not be binding on our clients whether acted on or otherwise, unless the same is incorporated within a written document, signed by our clients or on their behalf, satisfying the requirements of Section 3 of The Requirements of Writing (Scotland) Act 1995. 
  • Closing Date

         A closing date may be fixed.  Prospective purchasers who have notified their interest through Hewats, Solicitors, in writing, will be advised of a closing date, unless the property has been sold previously.The Seller will not be obliged to accept the highest, or indeed any offer and has the right to accept an offer at any time or withdraw the property from the market.  The Seller will not be liable for any costs incurred by interested parties.

  • Offers

     Formal offers in the acceptable Scottish form should be submitted, through a Scottish Solicitor, to He wats,           Solicitors, 63 King Street, Castle Douglas, DG7 1AG Tel: 01556 502946 – Option 3. 

  • Third Party Rights and Servitudes

    The subjects are sold together with and subject to all existing rights of way, servitudes, wayleaves and others        whether contained in the Title Deeds or otherwise, and purchasers will be deemed to have satisfied themselves      in all respects thereof.

 

 

 

Note: These particulars are believed to be correct but their accuracy is not guaranteed and they do not form part of the contract.