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Tenanted Commercial

6 Channel Street, Tenanted Investment, Galashiels, TD1 1BA

£48,000
Commercial
About this Property
2025-08-07
48000
Traditional
Commercial
Description

tatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENTGround floor commercial Unit situated on the main thoroughfare. PRIME POSITIONHeld on a FRIL producing £5,000pa. low rent market rent is £7-8,000 PA*** The property is held on a full repairing and insuring lease on the following terms; Tenant: Personal Name t/a Guess What Expiry: 31st May 2026 Passing Rent: £5,000p.a. The property comprises a substantial ground commercial unit set within a larger 3 storey mixed development of traditional construction surmounted by a pitched roof. Internally the property is presented in an open plan layout with partitioned w.c. and tea prep area The subjects have been calculated to extend to the following floor area Ground: 64.47sqm (694sq ft) Channel Street is a key pedestrian-friendly retail and civic artery linking Market Square to High Street, lined with late-19th and early-20th-century sandstone buildings INCOME PRODUCING INVESTMENTGround floor commercial Unit situated on the main thoroughfare. PRIME POSITIONHeld on a FRIL producing £5,000 per annum. The property is held on a full repairing and insuring lease on the following terms; Tenant: Personal Name t/a Guess What Expiry: 31st May 2026 Passing Rent: £5,000p.a. The property comprises a substantial ground commercial unit set within a larger 3 storey mixed development of traditional construction surmounted by a pitched roof. Internally the property is presented in an open plan layout with partitioned w.c. and tea prep area The subjects have been calculated to extend to the following floor area Ground: 64.47sqm (694sq ft) Channel Street is a key pedestrian-friendly retail and civic artery linking Market Square to High Street, lined with late-19th and early-20th-century sandstone buildings Channel Street is a key pedestrian-friendly retail and civic artery linking Market Square to High Street, lined with late-19th and early-20th-century sandstone buildings.

Galashiels is an established Scottish Borders commuter town situated some 27 miles to the south of Edinburgh and 18 miles to the east of Peebles. The town forms a major transport network for the Scottish Borders with links to Edinburgh and Carlisle by way of the A7 and to Newcastle by the A68 arterial road. It is also part of the main bus hub and will soon be the central hub for the forthcoming railway line, linking the Scottish Borders to Edinburgh. Neighbouring occupiers include Argos, Holland & Barrett, Lloyds pharmacy, Subway, Boots, Nationwide Building Society, Co-Op Funeral Care. Full Address: 6 Channel Street, Tenanted Investment, Galashiels, TD1 1BA

Location
More Information
Freehold
Channel Street
Commercial
Planing Authority
Scottish Borders
Sold Price History
28 Nov 2024Unsold Lot Auction House Scotland£25,000
21 Aug 2025Available Lot Future Property Auctions£54,000

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