SHEPHERD Chartered Surveyors has put an “impressive” former bank building in Moffat on the market as a mixed-use investment.
This C-listed building consists of a three-storey attic corner terrace property built as a bank in 1875 and converted into a ground floor retail/commercial unit and three two-bedroom apartments in the early 21st century. The building has been renovated to provide a.
The property is located at the church gates and overlooks the High Street. This retail/specialist unit is currently vacant and extends to an open plan sales area, offices, shops, kitchenette and toilets. Currently, one of the apartments is operated as a short-term vacation rental, and the other two of his apartments are subject to private leases.
Fraser Carson, Associate at Shepherd, said: “Moffat is a popular tourist destination and boutique retailer, with good motorway links and a strategic location on the scenic A701 to Edinburgh. Its location also benefits: the Category C listed building has been kindly renovated to provide mixed-use commercial units and three spacious apartments, and retains its excellent original features. , offering unparalleled views of the town and surrounding countryside.
“The town is benefiting from strong tenant demand and this property presents a good investment opportunity with scope to increase rental income through future asset management.”
We are seeking purchase offers of over £400,000.
