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Description

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

IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Tenanted town centre commercial unit. Open and trading extremely well as Bakery and coffee house with passing rent of £10,000 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 £10,000 per annum on 2 year FRI lease since May 2025. 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 £10,000 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 £10,000 per annum on 2 year FRI lease since May 2025. 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.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £10,000 per year / £833 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: passing rent of £10,000 per annum on 2 year FRI lease since May 2025.

Maps & Location

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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.

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Pricing Information & Bidding

Opening Bid: £108,000

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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)

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    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.

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General Terms & Conditions of Sale
Lot Specific Terms - 58 Tenanted Investment, Channel Street,, Galashiels






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