Excellent Commercial Investment Opportunity located within a prime high street location in Kelso - ***Guide Price £65,000***
Property is ready to be let or occupied. Huge potential for change of business for investors/owner occupiers looking for a commercial premises they can put their own stamp on.
Prime Opportunity for Commercial investors looking for a commercial property in an excellent location with high yield potential. Sure to appeal to investors looking for rare auction property.
*** Property benefits from a rateable value of £7,254***
For rental purposes, the property could attract a monthly rental of £500 - £600pm. This would provide an annual income of £6000 - £7200 per annum.
Sought after main street location benefiting from large daily footfall.
Property has a Guide price of £65,000 and is sure to appeal to investors looking for an easily lettable commercial property or owner occupiers looking for a large commercial unit they can operate as business.
Potentially high yielding investment property.
Location
Kelso, situated in the Scottish Borders, is a charming town known for its scenic beauty and historic sites, including Kelso Abbey and Floors Castle. It offers a welcoming community that fosters a sense of belonging, making it ideal for families. The local economy benefits from agriculture, tourism, and small businesses, providing investment opportunities, while excellent transport links to Edinburgh and Newcastle offer rural living with urban access. With local amenities such as schools and healthcare, and affordable housing compared to larger urban areas, Kelso presents an attractive option for both living and investment, combining natural beauty, cultural richness, and economic potential.
Accommodation
Property comprises: Large shop front, Sales desk, Kitchen/Office space, WC. Property benefits from ample storage throughout.
Size - 43.3 sq m (466 sq ft)
Terms
Guide Price - £65,000
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
- Commercial Investment Opportunity located within a prime location in Kelso ***Guide Price £65,000***
- Prime Opportunity for Commercial investors looking for an affordable commercial premises in a busy main street location with high yield potential or owner occupiers looking for an exceptional property they can put their own stamp on.
- For rental purposes, the property could attract a monthly rental of £500 - £600pm (£6000-£7200pa). This would provide an excellent 10 - 11% gross yield if achieved for the guide price of £65,000 ***HIGH YIELD POTENTIAL***
- Property benefits from a rateable value of £7,254 per annum. Property boasts an impressive size of 43.3m2. Sure to appeal to investors looking for an affordable commercial investment.
- Property is situated on a busy high street in Kelso, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***