77A, Albert Place, Galashiels, TD1 3DL
- PROPERTY TYPE
Retail Property (out of town)
- SIZE
Ask agent
Key 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.
Description
- 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.
77A, Albert Place, Galashiels, TD1 3DL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Galashiels Station0.4 miles
- Tweedbank Station1.8 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
Disclaimer - Property reference 203490924. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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