Lot 98
Commercial Property - Commercial Property
80/82 Channel Street
Galashiels, Selkirkshire, TD1 1BD
Sold for £125,000
A Commercial Investment Producing £12,000 per annum with Approved Planning to Convert the First Floor to Provide 2 x Two Bedroom Flats
Description
Tenure
Location
Planning
'Conversion of office/stores and alterations to provide 2no 3 apartment dwellinghouses'
Current Rent Reserved
Addendum
Accommodation & Tenancy Schedule
Property | Floor | Accommodation | Tenancy Details | Current Rent |
---|---|---|---|---|
82 Channel Street | Ground | Shop (205 sq m / 2216 sq ft) | 5 Year FRI Lease from 22nd June 2020 | £12,000 per annum |
80 Channel Street | First | Office (130 sq m / 1400 sq ft) | Vacant | ERV £6,000 |
Additional Fees and Disclaimer
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Enquire about 80/82 Channel Street, Galashiels, Selkirkshire, TD1 1BD
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