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2 High Street, Galashiels, TD1 1SD

Guide Price
£35,000

Business rates & charges may apply

Prime Property, Glasgow
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SECTOR

Land for sale

Key features

  • PRIME NEW LISTING! We are excited to bring to the market is this excellent commercial property situated on High Street, Galashiels *PRIME LOCATION*
  • Sure to appeal to shrewd investors looking to start or expand their commercial portfolio.
  • Prime Opportunity for Commercial investors looking for a spacious unit with excellent cashflow *HIGH CASHFLOW*
  • The property is currently rented at £400 per month meaning a 13.7% yield if achieved for guide price. *HIGH YIELDING OPPORTUNITY*
  • Property is situated on an attractive location, next to local amenities and benefiting from local residential area ***PRIME COMMERCIAL INVESTMENT***

Description

PRIME NEW LISTING! We are excited to bring to the market is this excellent commercial property situated on High Street, Galashiels *PRIME LOCATION*
Sure to appeal to shrewd investors looking to start or expand their commercial portfolio.
Prime Opportunity for Commercial investors looking for a spacious unit with excellent cashflow *HIGH CASHFLOW*
The property is currently rented at £400 per month meaning a 13.7% yield if achieved for guide price. *HIGH YIELDING OPPORTUNITY*
Property is situated on an attractive location, next to local amenities and benefiting from local residential area ***PRIME COMMERCIAL INVESTMENT***

PRIME NEW LISTING! We are excited to bring to the market is this excellent commercial property situated on High Street, Galashiels *PRIME LOCATION*

Property comprises: Large front retail area, rear office space and space for toilet.

The property is currently rented out to the owners of a vape/ e-cigarette shop. The current tenants are paying £400 per calendar month or £4,800 per year. This would produce a yield of 13.7% yield if achieved for guide price. *HIGH YIELDING OPPORTUNITY*

Prime Opportunity for Commercial investors looking for an affordable commercial investment. Excellent yield if achieved for guide price. 

***Property has a rateable value of £3,250 meaning it is exempt from business rates***

Property is situated on an attractive location, next to local amenities and benefiting from local residential area ***PRIME COMMERCIAL INVESTMENT***

Sure to appeal to shrew investors looking to start or expand their commercial portfolio at a very affordable price.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Make an Offer" button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

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 is a charming town nestled in the Scottish Borders region of Scotland, situated along the River Tweed. Historically known for its textile industry, particularly wool manufacturing, the town has a rich industrial heritage that dates back centuries. Today, Galashiels serves as an important administrative and commercial center for the Scottish Borders, with a population of around 14,000 residents. The town is home to the Scottish Borders Campus of Heriot-Watt University, which has brought renewed economic and educational vitality to the area. Surrounded by beautiful rolling hills and scenic countryside, Galashiels offers a picturesque setting that blends historical significance with modern amenities. Its strategic location makes it an excellent base for exploring the stunning landscape of the Borders, with excellent transport links to Edinburgh and other nearby towns. The town's cultural identity is strongly tied to its Scottish Borders roots, with local events, festivals, and traditions celebrating the area's distinctive history and community spirit.

2 High Street, Galashiels, TD1 1SD

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Galashiels Station0.1 miles
  • Tweedbank Station2.1 miles

About Prime Property, Glasgow

100 West Regent Street, Glasgow, Scotland G2 2QD

Notes

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Disclaimer - Property reference 216102665. 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, 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, Glasgow on 0141 673 3554.

*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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