No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
1 bed
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 30 May 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
The current lease is running on a year year. We have been advised Argos trade well at this location so it is expected that they will remain long term. *100% PRIME INVESTMENT PROPERTY* Settled, Nationally established tenant - Argos Ltd on Full FRI lease paying £70,350 per annum. Extremely prominent corner plot on busy shopping parade. There is currently no Sainsburys in in Galashiels. PERFECT READING POSITION with extremely large unit in prominent corner plot with accommodation on ground and first floors. Ground Floor- 262.90sqm (2,830 sq ft). First Floor-618.35 sq m (6,656 sq ft). MASSIVE RETURN ON INVESTMENT with settled long term tenant paying over £70,000 per year in rent in popular and affluent High Street shopping parade. tenant Keen to stay and have recently refurbished the unit. Nearby national retailers include Home Bargains, O2, Tesco, Asda, Nationwide Building Society, McDonalds, Poundland and Subway. PRIME SPOT close to parking and transport. PERFECT INVESTMENT PROPERTY in popular HIGH STREET PARADE with first class, International tenant. Located 35 miles from Edinburgh; Galashiels has an extremely affluent and thriving retail disctrict. Tenant Keen to stay as Profitable store
Auction Details
30 May 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
The current lease is running on a year year. We have been advised Argos trade well at this location so it is expected that they will remain long term. *100% PRIME INVESTMENT PROPERTY* Settled, Nationally established tenant - Argos Ltd on Full FRI lease paying £70,350 per annum. Extremely prominent corner plot on busy shopping parade. There is currently no Sainsburys in in Galashiels. PERFECT READING POSITION with extremely large unit in prominent corner plot with accommodation on ground and first floors. Ground Floor- 262.90sqm (2,830 sq ft). First Floor-618.35 sq m (6,656 sq ft). MASSIVE RETURN ON INVESTMENT with settled long term tenant paying over £70,000 per year in rent in popular and affluent High Street shopping parade. tenant Keen to stay and have recently refurbished the unit. Nearby national retailers include Home Bargains, O2, Tesco, Asda, Nationwide Building Society, McDonalds, Poundland and Subway. PRIME SPOT close to parking and transport. PERFECT INVESTMENT PROPERTY in popular HIGH STREET PARADE with first class, International tenant. Located 35 miles from Edinburgh; Galashiels has an extremely affluent and thriving retail disctrict. Tenant Keen to stay as Profitable store
Auction Details
30 May 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.