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Property
Key information
Property description & features
- Prime Property Auctions is excited to present this excellent, potentially High Yielding Commercial Investment Opportunity within a prime location in St Boswells, Melrose. - Guide price £25,000
- The Property has recently been tenanted at a rental income of £417 p/m (£5,004 p/a), this would return an outstanding yield of 20% per annum based on a guide price of £24,000.
- Property boasts an impressive size for a guide price of £24,000 and has the potential to be turned into a range of different retail premises.
- Melbourne place attracts high footfall and is sure to appeal to landlords looking for an affordable commercial investment and Owner Occupiers looking for an affordable unit- *HIGH YIELD POTENTIAL*
- Property is situated within a busy street in St Boswells, located close by to popular local shops, bars and restaurants.
- Prime Property Auctions is excited to present this excellent, potentially High Yielding Commercial Investment within a prime location in St Boswells, Melrose. - Guide price £25,000
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The Property has recently been tenanted at a rental income of £417 p/m (£5,004 p/a), this would return an outstanding yield of 20% per annum based on a guide price of £25,000. -
Property boasts an impressive size for a guide price of £25,000 and has the potential to be turned into a range of different retail premises. -
Melbourne place attracts high footfall and is sure to appeal to landlords looking for an affordable commercial investment
- Property is situated within a busy street in St Boswells, located close by to popular local shops, bars and restaurants.
Prime Property Auctions is excited to present this excellent, potentially High Yielding Commercial Investment within a prime location in St Boswells, Melrose. - Guide price £30,000
Property Comprises: Large workspace, kitchen, washroom and office space.
This property has previously been operated as a barbershop, delivered a solid rental income of £417 per month (£5,004 per annum).
Sure to appeal to investors looking for a ready to let commercial property with a sought after location with great capital growth potential.
The strategic location ensures good footfall, catering to landlords on the lookout for an affordable and high-performing commercial asset.
The Property has recently been tenanted at a rental income of £417 p/m (£5,004 p/a), this would return an outstanding yield of 16% per annum based on a guide price of £25,000.
Melbourne place attracts high footfall and is sure to appeal to landlords looking for an affordable commercial investment
Property is situated within a busy street in St Boswells, located close by to popular local shops, bars and restaurants.
Location:
Nestled in the Scottish Borders, St Boswells near Melrose is a charming village with a rich history and tranquil surroundings. Set against the backdrop of rolling hills, the village features historical landmarks like the ruins of Dryburgh Abbey and the renowned Scott's View. The meandering River Tweed adds to its allure, providing scenic walks and fishing opportunities. St Boswells maintains a close-knit community feel with essential amenities, contributing to its welcoming atmosphere. As a gateway to Melrose, residents enjoy easy access to cultural attractions and recreational offerings. Despite its peaceful ambiance, St Boswells is well-connected via the A68 road, making it an ideal haven for those seeking a serene lifestyle in a picturesque setting.
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Property reference 200525335. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on March 7, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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