Commercial property

Superb opportunity to acquire this well-placed corner unit on the prominent Channel Street, Galashiels. The ground floor is currently empty. On the first floor which is accessed by Park Road, the property is currently split into five rooms and a hallway to form two bedrooms, kitchen, bathroom, and lounge. The current rateable value of the property is £8230. This is a great opportunity for a commercial buy to let investor. To ensure you do not miss out on this opportunity, early expression of interest is recommended.

Tenure

Freehold

Area

Galashiels is one of the principal towns in the Scottish Borders and has undergone significant levels of investment in recent years. The town enjoys an extensive range of retail and leisure facilities as well as offering all levels of education from pre-school to secondary. The town is also home to Heriot-Watt Scottish Borders campus. Galashiels has become increasingly popular for commuters to Edinburgh with the re-established Borders railway with Edinburgh accessible in approximately one hour. Road transport is via the A7 and A68 roads to access Edinburgh and further afield.

Local Authority

Scottish Borders Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.