£125,000 Guide Price

77A, Albert Place, Galashiels, TD1 3DL

203490924

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Type

Ownership

Occupation

Bedrooms

Council Tax

Available documents

Title Sheet
Rare Commercial Investment

Details

Property Summary

 
  • Prime Property Auctions New Entry a rare Commercial Investment located on a busy thoroughfare of Galashiels. ***GUIDE OF £145,000***

 
  • This versatile space, adaptable for a range of businesses, presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.

 
  • Long stand tenant paying £1290 P/M, £15,500 P/A and would yield 10.6% based on the guide of £145,000. Property benefits from a rateable value £7,900

 
  • Very rarely available location sure to appeal to investors looking for ready let investments in sought after locale.

 
  • Potential sale and leaseback opportunity. Current rental of £15,500 per annum. 

 

Prime Property Auctions New Entry a rare Commercial Investment located on a busy thoroughfare of Galashiels. ***GUIDE OF £145000***

 

Property consists of: Two large showrooms, kitchen, office, two WC's, a shower room, CCTV, Door sensors, Security shutters and fantastic storage space throughout.

 

Many of the rooms benefit from double aspect windows (some of these are double glazed, others are triple glazed) including the show rooms and office allowing an abundance of light. 

 

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.

 

Potential sale and leaseback opportunity. Current rental of £15,500 per annum. Seller open to discussion.

 

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: 

 

Galashiels exudes a unique blend of historical charm and modern vitality. As a bustling market town with a rich textile heritage, Galashiels offers a vibrant community atmosphere alongside convenient access to stunning natural landscapes. The town's historic architecture, such as Old Gala House, stands as a testament to its storied past, while contemporary amenities and cultural offerings provide residents and visitors with a diverse array of experiences. Surrounded by picturesque countryside and nestled along the banks of the River Gala, Galashiels is an inviting destination for those seeking both tranquillity and opportunity amidst the beauty of the Scottish Borders.

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.

Virtual Tours

Floorplans

Property Features

  • Prime Property Auctions New Entry a rare Commercial Investment located on a busy thoroughfare of Galashiels. ***GUIDE OF £145,000***
  • This versatile space, adaptable for a range of businesses, presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.
  • Long standing tenant paying £1290 P/M, £15,500 P/A and would yield 10.6% based on the guide of £145,000. Property benefits from a rateable value £7,900
  • Very rarely available location sure to appeal to investors looking for ready let investments in sought after locale.
  • Potential sale and leaseback opportunity. Current rental of £15,500 per annum.

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