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31 West Port, Selkirk, TD7 4DG

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31 West Port, Selkirk, TD7 4DG

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£90,000

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Opening Bid

£90,000

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Restaurant

Commercial

Occupied

31 West Port, Selkirk, TD7 4DG

Tenanted Commercial Investment Opportunity

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Description

  • PRIME NEW ENTRY. We are excited to present this tenanted commercial opportunity, located within a prime main location in Selkirk. 

  • Sure to appeal to shrewd commercial investors. Fully Licensed Restaurant and Takeaway. Tenant has a 15 year lease in place. 

  • The property is currently let at £10,400 per annum (£866.67 p/m), producing an excellent yield.

  • Property has been recently renovated and is finished to an immaculate standard. 

  • Property is situated in a prime location in Selkirk and attracts high daily footfall. Well established business in situ. 

PRIME NEW ENTRY. We are excited to present this tenanted commercial opportunity, located within a prime main location in Selkirk. 

Property Comprises:Entrance Hall, Reception area, bar, large dining areas, Large state of the art kitchen and multiple WC.  

**PROPERTY BENEFITS FROM FULL RESTAURANT AND HOT FOOD / TAKEAWAY LICENCE** 

Property is producing a fantastic yield. Sure to appeal to shrewd commercial landlords looking for a property in an excellent location. 

**Established business in place with 15 year tenancy agreement**

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.

Location

Selkirk, situated in the picturesque Scottish Borders, is a charming town renowned for its rich history, stunning landscapes, and vibrant community. Nestled along the banks of the River Ettrick, Selkirk boasts a tapestry of historic architecture, including the iconic Sir Walter Scott's Courtroom and Jail, which pays homage to the famous Scottish writer. The town is surrounded by rolling hills and lush greenery, offering an idyllic setting for those seeking a tranquil yet connected lifestyle. 

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10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£15,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.