A rare Commercial Investment located on a busy thoroughfare of Galashiels. ***GUIDE OF £125,000***
Property consists of: Two large showrooms, kitchen, office, two WC's, a shower room, CCTV, Door sensors, Security shutters and fantastic storage space throughout.
Many of the rooms benefit from double aspect windows (some of these are double glazed, others are triple glazed) including the show rooms and office allowing an abundance of light.
Location
Galashiels exudes a unique blend of historical charm and modern vitality. As a bustling market town with a rich textile heritage, Galashiels offers a vibrant community atmosphere alongside convenient access to stunning natural landscapes. The town's historic architecture, such as Old Gala House, stands as a testament to its storied past, while contemporary amenities and cultural offerings provide residents and visitors with a diverse array of experiences. Surrounded by picturesque countryside and nestled along the banks of the River Gala, Galashiels is an inviting destination for those seeking both tranquillity and opportunity amidst the beauty of the Scottish Borders.
Accommodation
Property consists of: Two large showrooms, kitchen, office, two WC's, a shower room, CCTV, Door sensors, Security shutters and fantastic storage space throughout.
Terms
Guide Price - £122,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- A rare Commercial Investment located on a busy thoroughfare of Galashiels. ***GUIDE OF £125,000***
- This versatile space, adaptable for a range of businesses, presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.
- Long stand tenant paying £1290 P/M, £15,500 P/A and would yield 10.6% based on the guide of £125,000. Property benefits from a rateable value £7,900
- Very rarely available location sure to appeal to investors looking for ready let investments in sought after locale.
- Potential sale and leaseback opportunity. Current rental of £15,500 per annum.