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Tenanted Commercial

17 Market Street, Melrose, TD6 9PL

£175,000
Commercial
About this Property
2025-07-24
175000
Traditional
Commercial
Description

tatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENT*** Tenanted ground floor retail unit held on a F.R.I Lease producing £15,500 per annum. PRIME TOWN CENTRE. Low Market Rent: ERV £20,000p.a.+ The property is held on a full repairing and insuring head lease on the following terms; Tenant: Wynd Group Ltd Expiry: 12th September 2027 Passing Rent: £15,500p.a. Low Market Rent: ERV £20,000p.a.+ Operating as “Abbey Fine Wines” the property operates as a wine bar and off sales. The property has been renovated by the tenant with floors overlaid with hardwood, plastered and painted throughout. Calculated to extend to the following internal area 103sqm (1,109sq ft) Ground floor retail unit with return frontage and multiple display windows within a larger multi storey development. PRIME LOCATION Neighbouring occupiers include Boots Pharmacy, Artisan Jewellers, Station Hotel & Restaurant and The Townhouse Hotel INCOME PRODUCING INVESTMENT*** Tenanted ground floor retail unit held on a F.R.I Lease producing £15,000 per annum. PRIME TOWN CENTRE. Low Market Rent: ERV £20,000p.a.+ The property is held on a full repairing and insuring head lease on the following terms; Tenant: Wynd Group Ltd Expiry: 12th September 2027 Passing Rent: £15,500p.a. Low Market Rent: ERV £20,000p.a.+ Operating as “Abbey Fine Wines” the property operates as a wine bar and off sales. The property has been renovated by the tenant with floors overlaid with hardwood, plastered and painted throughout. Calculated to extend to the following internal area 103sqm (1,109sq ft) Ground floor retail unit with return frontage and multiple display windows within a larger multi storey development. PRIME LOCATION Neighbouring occupiers include Boots Pharmacy, Artisan Jewellers, Station Hotel & Restaurant and The Townhouse Hotel The property is located on the west side of Market Street, close to its junction with Market Square within the town of Melrose.

Melrose is situated in the Scottish Borders approximately 5 miles from Galashiels. The area comprises a mixture of independent specialist boutique traders, national retailers and residential dwellings. Neighbouring occupiers include Boots Pharmacy, Artisan Jewellers, Station Hotel & Restaurant and The Townhouse Hotel Full Address: 17 Market Street, Melrose, TD6 9PL

Location
More Information
Freehold
Market Square
Commercial
Planing Authority
Scottish Borders

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