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Description

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

Prime Retail Unit - close to main car park. Ground: 3,206 sqft / First Floor 2,815 sq ft. Rental Estimate = £27,500pa . Fantastic high yielding prime investment.

Galashiels as a popular market town in the Scottish Borders with a population of approximately 14,000 and a wider catchment of over 100,000.

The town is approximately 32 miles south of Edinburgh and is considered to be the primary town within the Scottish borders.

Douglas Bridge Shopping Centre occupies an excellent position just off Channel Street and is the main thoroughfare between the new Borders rail station and the town centre.

The centre comprises 15 units totalling in excess of 44,000 sqft of retail space. Occupiers include Holland and Barrett, Argos, Specsavers, Vodafone, British Red Cross and Barnardos.

The premises comprise a double retail unit arranged over ground and first floors of a single storey modern retail parade. Internally the premises comprise open plan retail space at ground floor with further retail at first floor along with storage, WC facilities and staff/kitchen areas. The premises extends to the following approximate areas: Ground Floor: 3,206 sq ft / 297.84 sqm First Floor: 2,815 sq ft / 261.52 sqm

Galashiels as a popular market town in the Scottish Borders with a population of approximately 14,000 and a wider catchment of over 100,000. The town is approximately 32 miles south of Edinburgh and is considered to be the primary town within the Scottish borders. Douglas Bridge Shopping Centre occupies an excellent position just off Channel Street and is the main thoroughfare between the new Borders rail station and the town centre. The centre comprises 15 units totalling in excess of 44,000 sqft of retail space. Occupiers include Holland and Barrett, Argos, Specsavers, Vodafone, British Red Cross and Barnardos.

Full Address:  Douglas Bridge, Units 9-10, Galashiels, TD1 1BH

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Pricing Information & Bidding

Opening Bid: £104,000

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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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.

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Auction Details

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

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