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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***HIGH STREET COMMERCIAL INVESTMENT OPPORTUNITY*** Substantial retail unit located in extremely prominent position within popular Selkirk town centre. REALISTIC RENTAL POTENTIAL OF £15,000-£16,000

Prominent double frontage, entrance leads to an open plan sales area, counter & partitioned area, 3 store rooms & w.c. Prime trading spot close to the town's centre, close to West Port car park (free)

SUPER SIZE- 109.21sqm in HIGH DEMAND RENTAL LOCATION with realistic rental potential of £15,000- £16,000 per annum. Property is exempt from rates (subject to status). FREEHOLD Rateable Value £8000

Super trading location on the historical West Port close to busy bus stop. Neighbouring occupiers include Lindsay & Gilmour Pharmacy, Burnside Gallery, Spar, RD Opticians, Jazrose Coffee Shop.

The former County Town of Selkirk lies within the prime catchment area of the Central Borders. The town itself has retained its county charm & has a good range of recreational & educational facilities

***HIGH STREET COMMERCIAL INVESTMENT OPPORTUNITY*** Substantial retail unit located in extremely prominent position within popular Selkirk town centre. REALISTIC RENTAL POTENTIAL OF £15,000-£16,000 Prominent double frontage, entrance leads to an open plan sales area, counter & partitioned area, 3 store rooms & w.c. Prime trading spot close to the town's centre, close to West Port car park (free) SUPER SIZE- 109.21sqm in HIGH DEMAND RENTAL LOCATION with realistic rental potential of £15,000- £16,000 per annum. Property is exempt from rates (subject to status). FREEHOLD Rateable Value £8000 Super trading location on the historical West Port close to busy bus stop. Neighbouring occupiers include Lindsay & Gilmour Pharmacy, Burnside Gallery, Spar, RD Opticians, Jazrose Coffee Shop. SUPER LOCATION ON BUSY MAIN STREET with high levels of passing footfall. Offered with vacant possession giving potential for multiple uses. EXCELLENT TRADING POSITION. HIGHLY PROMINANT FRONTAGE within the affluent Borders Town close to major transport links with bus stops and train station close by. Ideally located for the town's largest free car park. FREEHOLD SALE. Presented in excellent order-READY TO TRADE. Neighbouring occupiers include Post Office, Bank of Scotland, Spar and a number of local retailers boutiques. Zero rates payable when vacant Total NIA of 109.21sqm

The former County Town of Selkirk lies within the prime catchment area of the Central Borders. The town itself has retained its county charm and has a good range of recreational and educational facilities, restaurants, shops and a scenic golf course. The area is surrounded by rolling hills and lies close to the largely undiscovered Ettrick and Yarrow Valleys providing some of the most glorious scenery in the Borders.

Full Address: 9 West Port, Selkirk, Scottish Borders, TD7 4DG

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Pricing Information & Bidding

Opening Bid: £56,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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