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IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Tenanted town centre commercial unit. Open and trading extremely well as Bakery and coffee house with passing rent of £9,000 per annum.
Former H. Samuel is currently let to and Trading as Bulldog Bakery and Coffee House with passing rent of £9,000 per annum on 3 year FRI lease since July 2022. SUPER RETURN ON INVESTMENT.
PRIME TOWN CENTRE POSITION within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Lloyds Pharmacy, Specsavers and Argos.
Galashiels is a busy market town and the largest settlement in the Scottish Borders and is the region's main commercial and retail centre. Serviced by excellent transport links with plentiful carparks
Ground floor retail unit. 105.07 sqm- (1,131 sq ft) IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Tenanted town centre commercial unit. Open and trading extremely well as Bakery and coffee house with passing rent of £9,000 per annum. SUPER SIZE AND TRADING POSITION IN BUSY TOWN CENTRE with highly prominent frontage onto the town's main thoroughfare. Perfectly located for the town's main car park, bus station and train station. Former H. Samuel is currently let to and Trading as Bulldog Bakery and Coffee House with passing rent of £9,000 per annum on 3 year FRI lease since July 2022. SUPER RETURN ON INVESTMENT. PRIME TOWN CENTRE POSITION within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Lloyds Pharmacy, Specsavers and Argos. Galashiels is a busy market town and the largest settlement in the Scottish Borders and is the region's main commercial and retail centre. Serviced by excellent transport links with plentiful carparks. All rental figures are exclusive of VAT with VAT paid in addition.
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.
Full Address: 58 Channel Street, Tenanted Investment, Galashiels, TD1 1BA
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Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 1% of Sale Price (Minimum of £1200 +vat)
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.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: July 2025
Rent: £9,000 per year / £750 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:
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Pricing Information & Bidding
Opening Bid: £76,000
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £1,200 + vat)
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.
* 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.
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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
Type: Timed Online Auction
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