Commercial Property
The Main Building of Nithbank hospital constructed between 1875 - 1895. This iconic and splendid building offers a wealth of opportunity to developers, it is B Listed and could be suitable for commercial or residential development (subject to the relevant planning permissions).
The town of Dumfries is set along the banks of the River Nith and is the largest town in South West Scotland. Dumfries has been a Royal Burgh since 1186 but it has thought that there has been a settlement and port in the area since Roman times.
Note: The property is shown tinted pink on the plan in the sales details.
There has recently been a fire at the property. We have been informed by the vendor and fire service that the property is mainly smoke damaged and there is no structural damage. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. The photographs displayed were taken before the fire damage.
May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use.
We have been advised by the sellers solicitor that the prospective buyer will need to arrange for a new electric supply to be put in. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
See Legal Pack. Vacant possession upon completion.
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Auction Details
This property is located in Scotland; therefore, any sale will be governed by applicable Scottish law.
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (Scotland).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms (Scotland).
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of Land and Buildings Transaction Tax.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack and Home Report.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
