Land for sale in 2 Melbourne Place, St Boswells TD6

• Prime Property Auctions is excited to present this excellent, potentially High Yielding Commercial Investment within a prime location in St Boswells, Melrose. - Guide price £45,000

• The Property has is vacant and can achieve a rental income of £417 p/m (£5,004 p/a), this would return an outstanding yield of 11.1% per annum based on a guide price of £45,000.

• Property boasts an impressive size for a guide price of £45,000 and has the potential to be turned into a range of different retail premises.

• Melbourne place attracts high footfall and is sure to appeal to landlords looking for an affordable commercial investment

• Property is situated within a busy street in St Boswells, located close by to popular local shops, bars and restaurants.

Prime Property Auctions is excited to present this excellent, potentially High Yielding Commercial Investment within a prime location in St Boswells, Melrose. - Guide price £45,000

Property Comprises: Large workspace, kitchen, washroom and office space.

This property had previously been operated as a barbershop, delivering a solid rental income of £417 per month (£5,004 per annum).

Sure to appeal to investors looking for a ready to let commercial property with a sought after location with great capital growth potential.

The strategic location ensures good footfall, catering to landlords on the lookout for an affordable and high-performing commercial asset.

The Property is vacant and could achieve a rental income of £417 p/m (£5,004 p/a), this would return an outstanding yield of 11.1% per annum based on a guide price of £45,000.

Been tenanted at a rental income of £417 p/m (£5,004 p/a), this would return an outstanding yield of 11,1% per annum based on a guide price of £45,000.

Melbourne place attracts high footfall and is sure to appeal to landlords looking for an affordable commercial investment

Property is situated within a busy street in St Boswells, located close by to popular local shops, bars and restaurants.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Nestled in the Scottish Borders, St Boswells near Melrose is a charming village with a rich history and tranquil surroundings. Set against the backdrop of rolling hills, the village features historical landmarks like the ruins of Dryburgh Abbey and the renowned Scott's View. The meandering River Tweed adds to its allure, providing scenic walks and fishing opportunities. St Boswells maintains a close-knit community feel with essential amenities, contributing to its welcoming atmosphere. As a gateway to Melrose, residents enjoy easy access to cultural attractions and recreational offerings. Despite its peaceful ambiance, St Boswells is well-connected via the A68 road, making it an ideal haven for those seeking a serene lifestyle in a picturesque setting.