BIDDING OPENS in...

Description

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

INCOME PRODUCING INVESTMENT***Ground & First floor commercial Unit situated on the main thoroughfare. PRIME POSITION*** Held on a FRIL producing £18,500pa. Low rent market rent is £23-24,000 PA***

The property is held on a full repairing and insuring head lease on the following terms; Tenant: Oxfam Expiry: 28th April 2028 Passing Rent: £18,500p.a

Internally the property is fitted out in accordance with the tenants corporate specifications with partitioned w.c facilities and staff area located at first floor.

The property has been calculated to extend to the following internal floor area; Ground: 124.39sqm (1,339sq ft) 1st: 85.8sqm (924sq ft) Total: 210.19sqm (2,262sq ft)

Haddington’s High Street is the heart of a charming, conservation-area town centre, lined with many Category B listed stone buildings, dating from the 16th to 18th centuries.

INCOME PRODUCING INVESTMENT***Ground & First floor commercial Unit situated on the main thoroughfare. PRIME POSITION*** Held on a FRIL producing £18,500 per annum. The property is held on a full repairing and insuring head lease on the following terms; Tenant: Oxfam Expiry: 28th April 2028 Passing Rent: £18,500p.a Internally the property is fitted out in accordance with the tenants corporate specifications with partitioned w.c facilities and staff area located at first floor. The property has been calculated to extend to the following internal floor area; Ground: 124.39sqm (1,339sq ft) 1st: 85.8sqm (924sq ft) Total: 210.19sqm (2,262sq ft) Haddington’s High Street is the heart of a charming, conservation-area town centre, lined with many Category B listed stone buildings, dating from the 16th to 18th centuries.

The property is situated on a busy prominent position on High Street within the town of Haddington. Haddington is a town in East Lothian, Scotland. It is located approximately 20 miles east of Edinburgh. Haddington is a historic town in East Lothian, Scotland, known for its rich heritage and beautiful surroundings. The town dates back to the medieval period and features several notable historical sites, including St. Mary's Church, which has impressive architecture and is a significant landmark. Haddington served as the county town of East Lothian and has a charming town centre with a mix of traditional shops, cafes, and restaurants. The town is also home to the Haddington Golf Club and various parks and green spaces, making it a pleasant area for outdoor activities

Full Address: 26 High Street, Oxfam, Haddington, EH41 3HS

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 3 Years
Rent: £18,500 per year / £1,542 per month
Yield: 10% (approx)
Tenant: Company
Notes: Tenant: Oxfam Expiry: 28th April 2028 Passing Rent: £18,500p.a Further Information: Oxfam operate around 600 shops varying from specialty book shop, bric-a-brac and general retail stores. For the year ending 31st March 2024, Oxfam reported an annual turnover of £364m

Document Downloads

  Legal Pack (Pending)

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £192,000

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.

View Live Online Auction

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.

Submit Offer Now

SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 17 July 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue