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Description
***VACANT POSSESSION RENTAL POTENTIAL £13,000 per annum*** (618sq ft) EXCELLENT TRADING POSITION
Compromised: single entrance leading to a open plan retail space with store, tea prep and WC facilities to the rear.
Ground floor retail unit within a larger mixed use tenemental development.
PRIME INVESTMENT PROPERTY **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION
EXCELLENT TRADING POSITION Nearby traders include Nationwide Building Society, Holland & Barrett, Argos, TUI and many others.
Maps & Location
Map Street View SatelliteThe property is situated on the north side of Channel Street, with access and frontage also on Douglas Bridge, within the town of Galashiels. Galashiels is a busy Scottish market town located in the Borders some 30 miles south of Edinburgh and 30 miles west of Berwick Upon Tweed. The town has a resident population of some 14,000 persons. Communication links are provided via a direct train line to Edinburgh and also the A7 trunk road which links to Edinburgh, Hawick and Carlisle. The subjects are located on the north side of Channel Street, the principle retailing street within the town. Nearby traders include Nationwide Building Society, Holland & Barrett, Argos, TUI and many others.
Document Downloads
Pricing Information & Bidding
Opening Bid: £51,000
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.
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 49Channel Street, Galashiels
Buy Now Price = £79,000
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.BUY NOW for £79,000 - CLICK HERE