Unit 6, 1 Douglas Bridge, Galashiels, Selkirkshire, TD1 1BH

Unit 6, 1 Douglas Bridge, Galashiels, Selkirkshire, TD1 1BH

£430,000
Commercial
Sold
About this Property
05 November 2024
Sold
£430,000
Traditional
Commercial
Description

Heritable Town Centre Shop Investment located at Unit 6, 1 Douglas Bridge, Galashiels, Selkirkshire, TD1 1BH. This commercial property is held on a freehold tenure and is currently let to Argos Limited, with the lease expiring in 2029 and no break clauses. The total accommodation measures approximately 845.96 sq m (9,106 sq ft) and is part of a local shopping precinct consisting of 14 retail units in the town centre, positioned about 70 metres from Galashiels Rail Station. The property benefits from a rebased rent of £55,000 per annum from an original value of £70,350 per annum. Nearby occupiers include EE, H Samuel,

Location
More Information
Freehold
Planning Authority
Scottish Borders

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