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Channel Street, Galashiels, Selkirkshire

Guide Price
£55,000
Auction House Scotland, Paisley
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • Mixed use portfolio opportunity
  • Non-trading public house with residential unit above
  • Add value through residential refurbishment
  • Change of use potential subject to consents
  • Central Galashiels location

Description

New to auction is this spacious commercial retail unit, enjoying prime trading location in Galashiels town centre. Extending to approximately 123 sq. metres (1323 sq. ft) in an L-shaped footprint, this former bookmakers unit offers an exciting opportunity for an owner/operator business or addition to an existing commercial portfolio. There is also a basement area, accessed by a wooden stair in the front retail space. A full programme of refurbishment works is required, and the unit is currently unsafe for access with only external viewings available. The published rateable value of £9600 means that rates relief may be available through the Small Business Bonus Scheme dependent on purchaser’s circumstances. The competitive Guide Price is sure to attract strong levels of interest, and early expression of interest is essential.


Unsafe properties
Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Island Street enjoys convenient central location close to the town centre of the popular Borders town of Galashiels. The town offers a wide range of retail and leisure options, as well as both primary and secondary schools. Public transport is readily available with regular bus services, and the Borders railway providing services to and from Edinburgh Waverley.


PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.

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Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.

Channel Street, Galashiels, Selkirkshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Galashiels Station0.1 miles
  • Tweedbank Station2.1 miles
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About Auction House Scotland, Paisley

Auction House Scotland Office 2 Craigs Business Centre Macdowall Street Paisley Renfrewshire PA3 2NB
Property Auction Experts
Helping more people to buy and sell by auction

Launched in 2013, Auction House Scotland forms part of a network of property specialists with the ability to sell anything anywhere in the UK; whatever the size, condition or circumstance, there is nothing we haven't seen or sold before.

 

Our expert regional Scottish team can provide you with the duality of unrivalled national coverage and fundamental regional awareness.

We offer a mixture of quarterly in-room and weekly online auctions in which a wide range of properties are bought and sold including residential, land, commercial, investment and agricultural lots with entries drawn from throughout Scotland; from the Borders to the Highlands and Islands, and everything in between!

From the moment of initial enquiry, our Auction House Scotland team get to work to deliver you the whole Auction House package, offering a full range of services from appraisals to viewings, comprehensive marketing programmes and beyond. Our team will be there for you along every step of your journey to completion.

If you have any residential, commercial or investment properties, pieces of land with and without planning permission, or anything else you are looking to sell, please contact our team who can offer you a free auction appraisal.

Alternatively, if you're looking to buy, please get in touch to discuss your requirements with a member of our team who can talk you through the process of purchasing at auction.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference AGG-42937203. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Scotland, Paisley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Scotland, Paisley on 0141 673 7275.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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