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Description

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

FULL BUILDING in strong trading position. Excellent footfall within the main retail corridor area of Galashiels. Close to national retailers. *** OPEN VIEWING Friday 11th April 2025, 11.15am

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

Guide Price: £100,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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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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Buy Now Price = £110,000

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Auction Details

Date & Time: 11 April 2025, 12pm
Type: Deadline for Offers

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