Attractive Commercial Investment Opportunity

31 West Port, Selkirk, TD7 4DG

£95,000 Guide Price

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Property Summary


  •  Prime Property Auctions is excited to present this exceptional large commercial unit within a prime location in Selkirk - Guide Price £95,000



  • Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for a ready to let commercial property.



  • For rental purposes, the property has been previously let at £13,000 per annum ( £1,083 p/m) which would provide an excellent 14% gross yield based on a guide price of £95,000



  • ***33 West Port, Selkirk, Selkirkshire, TD7 4DG Previously sold for £190,000. 27 West port, Selkirk, TD7 4DG Previously sold for £152,500. 41-43 West Port, Selkirk, TD7 4DG Previously sold for £131,061***



  • Property is being offered at a discount to ensure Auction sale - **POTENTIALLY HIGH YIELDING INVESTMENT**


Prime Property Auctions is excited to present this exceptional large commercial unit within a prime location in Selkirk - Guide Price £95,000

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

 

For rental purposes, the property has been previously let at £13,000 per annum ( £1,083 p/m) which would provide an excellent 14% gross yield. 

***PROPERTY BENEFITS FROM HOT FOOD LICENCE*** 

 

Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for a ready to let commercial property.

Local sales evidence shows that there is great capital growth potential.

 

Sales comparables: 

 

***33 West Port, Selkirk, Selkirkshire, TD7 4DG Previously sold for £190,000. 27 West port, Selkirk, TD7 4DG Previously sold for £152,500. 41-43 West Port, Selkirk, TD7 4DG Previously sold for £131,061***

 

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. Selkirk has seen significant revitalization in recent years, with ongoing efforts to enhance infrastructure, promote local businesses, and foster a sense of community. With its strategic location, just a short drive from Edinburgh, Selkirk provides residents with a perfect blend of rural serenity and urban accessibility. The property market in Selkirk presents a promising opportunity for investment, as the town's unique blend of heritage and modern amenities continues to attract those seeking a high quality of life. As the Scottish Borders region gains popularity for its natural beauty, cultural richness, and recreational opportunities, investing in Selkirk becomes an appealing prospect for those looking to be part of a flourishing community and capitalize on the town's growth potential.

Location

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.

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Property Features

  • Prime Property Auctions is excited to present this exceptional large commercial unit within a prime location in Selkirk - Guide Price £95,000
  • Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for a ready to let commercial property.
  • For rental purposes, the property has been previously let at £13,000 per annum ( £1,083 p/m) which would provide an excellent 14% gross yield based on a guide price of £95,000
  • ***33 West Port, Selkirk, Selkirkshire, TD7 4DG Previously sold for £190,000. 27 West port, Selkirk, TD7 4DG Previously sold for £152,500. 41-43 West Port, Selkirk, TD7 4DG Previously sold for £131,061***
  • Property is being offered at a discount to ensure Auction sale - **POTENTIALLY HIGH YIELDING INVESTMENT**

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31 West Port, Selkirk, TD7 4DG

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By completing & submitting this form you hereby consent for Prime Property Auctions to bid on your behalf in accordance with our Terms and Conditions of Sale. If your offer is successful we will require payment of the necessary reservation deposit by bank transfer for which details and invoice will be provided upon acceptance by the seller.