Property for sale in Channel Street, Galashiels, Selkirkshire TD1

Guide price £90,000
Interested in this property? Call +44 141 376 8754 * or Request Details

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Property for sale

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Commercial investment
  • Currently has a tenant in situ ion ground floor
  • Current rental value £10,200pa
  • Opportunity to add further value
  • Well placed unit within the town of Galashiels

Property description

Commercial property
New to auction is this superb opportunity to acquire this well-placed corner unit on the prominent Channel Street, Galashiels. The ground floor has a tenant in situ paying a current rental value of £10,200pa giving a yield of 11%. The first floor which is accessed by Park Road is currently split into five rooms and a hallway to form two bedrooms, kitchen, bathroom, and lounge. To ensure you do not miss out on this opportunity, early expression of interest is recommended.

Galashiels is one of the principal towns in the Scottish Borders and has undergone significant levels of investment in recent years. The town enjoys an extensive range of retail and leisure facilities as well as offering all levels of education from pre-school to secondary. The town is also home to Heriot-Watt Scottish Borders campus. Galashiels has become increasingly popular for commuters to Edinburgh with the re-established Borders railway with Edinburgh accessible in approximately one hour. Road transport is via the A7 and A68 roads to access Edinburgh and further afield.


Purchasers notes


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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House Scotland, and do not constitute property particulars. Please contact Auction House Scotland for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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