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Shepherd · 22 Oct 2026 · in 3 days

Substantial three-storey building (2 x shops & 1 x office), Newton Stewart

Cree House, 20-22 Victoria Street, Newton Stewart, Dumfries And Galloway · Scotland

LiveOffice

Substantial three-storey building (2 x shops & 1 x office), Newton Stewart
Guide
£75,000
Rent a year
≈£7,700est.
Yield on the guide
≈10.2%est.
Payback
≈9.8 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

Shepherd hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Shepherd's record

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About the lot

Office lot in Newton Stewart.

Type: Residential Development & Land, Commercial Development & Land. Substantial three-storey building (2 x shops & 1 x office). Large rear garden with vehicle access from Church Lane. Category C Listed. Scope for residential conversion/redevelopment (STC). Guide Price £75,000. **FOR SALE BY LIVE STREAMED ONLINE AUCTION 22ND OCTOBER 2026** The subjects comprise a three storey end-terraced building with single storey rear projections, formed by two ground floor retail units together with a first & second floor office. The main building is of stone construction under a mansard roof that appears to be clad with lead and slate. The rear projections appear to be of brick construction under pitched and slated roofs. In addition, there is a small range of single storey attached outbuildings. The building is presently boarded-up therefore internal access for viewings etc. is not available. Both ground floor retail units have dedicated entrance doors set either side of the central doorway that serves the upper floor offices. We understand both retail units extend to front sales areas, rear stockroom / office accommodation, together with staff kitchens and toilet facilities. The upper floor office is believed to provide three offices, a kitchen and a toilet at first floor level, as well as five offices and a toilet at second floor level. In addition to the rear vehicle access, we are advised there is also pedestrian access to the garden from the public footpath on Victoria Street. Guide Price £75,000. The subjects occupy a prime town centre position fronting the main traffic thoroughfare. Newton Stewart is a market town located in the Dumfries & Galloway region of southwest Scotland with a resident population of approximately 4,000 and acts as the administrative hub for the surrounding hinterland. The town has been formed on the banks of the River Cree and is bypassed by the A75 trunk road, at its junction with the A714. The property is located on the western side of Victoria Street (A714) and opposite Mortons Entry. We understand a right of vehicle access exists over a shared driveway from Church Lane into the rear of the site. The driveway is shaded blue on the enclosed OS Map (Page 4). Local amenities include primary schools, Douglas Ewart High School, a cottage hospital, medical centre, retirement home, pharmacies, dental surgery, veterinary practices, Sainsburys, Aldi and Co-op supermarkets, a wide range of hospitality venues, together with a variety of retailers and professional services. In addition, leisure facilities include The Merrick Leisure Centre & swimming pool, public parks, a football club, tennis courts, bowling club and a golf course. On-street parking is available along Victoria Street with a large public car park off Goods Lane / Riverside Road also within easy walking distance. The property is immediately adjacent to public transport links.

Figures come from Shepherd's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.