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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

**PRIME INVESTMENT OPPORTUNITY**ground & 3 attic floors Large retail unit in strong trading position. Excellent footfall within the main retail corridor area of Galashiels. Close to national retailers

Consists of Ground floor (shop), first & 3 attic floors. Substantial Commercial Unit in prime town centre location. Realistic Expected annual rent of up to £24,000pa EXCELLENT COMMERICIAL INVESTMENT

PRIME RETAIL POSITION within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Subway, Greggs, Tesco, Next and ASDA.

Extremely strong trading position in popular commercial spot. Ground Floor approx. 2,864 Sq. Ft. (266.06 Sq. M) First Floor approx. 455 Sq. Ft (42.36 Sq. M) Total unit extends to approx. 3,319 Sq. F

PERFECT INVESTMENT PROPERTY in popular HIGH STREET PARADE. Located 35 miles from Edinburgh; Galashiels has an extremely affluent and thriving retail district.

***PRIME INVESTMENT OPPORTUNITY*** ground & three attic floors - Large retail unit in strong trading position. Excellent footfall within the main retail corridor area of Galashiels. Close to national retailers Consists of Ground floor (shop), first floor & 3 attic floors. Substantial Commercial Unit in prime town centre location. Realistic Expected annual rent of up to £24,000. EXCELLENT COMMERICIAL INVESTMENT PRIME RETAIL POSITION within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Subway, Greggs, Tesco, Next and ASDA. Extremely strong trading position in popular commercial spot. Ground Floor approx. 2,864 Sq. Ft. (266.06 Sq. M) First Floor approx. 455 Sq. Ft (42.36 Sq. M) Total unit extends to approx. 3,319 Sq. F

Located to the south side of Channel Street within the area of existing national and local retail operators. Galashiels is an established Scottish Borders commuter town situated some 27 miles to the south of Edinburgh and 18 miles to the east of Peebles. The town forms a major transport network for the Scottish Borders with links to Edinburgh and Carlisle by way of the A7 and to Newcastle by the A68 arterial road. It is also part ot the main bus hub and is now the central hub for the railway line linking the Scottish Borders to Edinburgh.

Full Address: 48-50 Channel Street, Galashiels, Scottish Borders, TD1 1BA

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Pricing Information & Bidding

Opening Bid: £76,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Buy Now Price = £95,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

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Auction Details

Date & Time: 14 November 2024, 10am-3pm
Type: Timed Online Auction

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