2-12 High St 350 SF Retail Unit Offered at £35,000 in Galashiels TD1 1SD
INVESTMENT HIGHLIGHTS
- Property is situated on an attractive location, next to local amenities and benefiting from local residential area
- Property is situated on an attractive location, next to local amenities and benefiting from local residential area
- Sure to appeal to shrewd investors looking to start or expand their commercial portfolio.
EXECUTIVE SUMMARY
Retail unit of masonry construction in busy parade of shops.
PROPERTY FACTS
| Price | £35,000 |
| Unit Size | 350 SF |
| No. Units | 1 |
| Total Building Size | 7,099 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 4 |
| Typical Floor Size | 4,602 SF |
| Year Built | 1910 |
AMENITIES
- Storage Space
1 UNIT AVAILABLE
Unit 2
| Unit Size | 350 SF |
| Price | £35,000 |
| Price Per SF | £100.00 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 13.70% |
| NOI | £4,795 |
DESCRIPTION
Large front retail area, rear office space and space for toilet. The property is currently rented out to the owners of a vape/ e-cigarette sho
SALE NOTES
High yielding investment opportunity at guide price
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NEARBY MAJOR RETAILERS
CONTACT
-
John Morris -
Prime Property Auctions Scotland Ltd
