OPENING BID

Timed Online Auction

29 January 2021, 10am-4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 67-69 Channel Street, Galashiels, Scottish Borders, TD1 1BN

**PRIME INVESTMENT PROPERTY** Prominent High Street commercial unit let to A++ Tenants- TELEPHONICA UK Ltd (Trading as O2). Previously LET at £22,000 per annum.

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.

Large High Street Unit includes ground and first floors. Ground Floor-104.50 sqm (1,125 sq ft). First Floor 111.45 sqm (1,200 sq ft). Extremely strong trading position in popular commercial spot.

Part of the popular Douglas Bridge retail development within the town centre. The premises also benefit from nearby proximity to the town’s bus station, parking and the new Borders Rail Station.

PERFECT INVESTMENT PROPERTY in popular HIGH STREET PARADE with first class, International tenant. Located 35 miles from Edinburgh; Galashiels has an extremely affluent and thriving retail disctrict

**PRIME INVESTMENT PROPERTY** Prominent High Street commercial unit let to A++ Tenants- TELEPHONICA UK Ltd (Trading as O2). Previously LET at £22,000 per annum. 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. Large High Street Unit includes ground and first floors. Ground Floor-104.50 sqm (1,125 sq ft). First Floor 111.45 sqm (1,200 sq ft). Extremely strong trading position in popular commercial spot. Part of the popular Douglas Bridge retail development within the town centre. The premises also benefit from nearby proximity to the town’s bus station, parking and the new Borders Rail Station. PERFECT INVESTMENT PROPERTY in popular HIGH STREET PARADE with first class, International tenant. Located 35 miles from Edinburgh; Galashiels has an extremely affluent and thriving retail disctrict.

100% PRIME LOCATION Galashiels is a popular market town in the borders with a population of approximately 14,000 people and a regional population of 106,000 people. The town is located approximately 32 miles south of Edinburgh and is considered the primary town within the Scottish Borders.

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Location

Pricing Information & Bidding

Opening Bid: £75,000

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).

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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 = 1.25% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 29 January 2021, 10am-4pm
Type: Timed Online Auction

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