Tenanted Commercial Investment Property

Tenanted Commercial Property within Galashiels. National tenant (Sally Beauty) has been in occupation since 2004. Rented on FRI agreement for £14,000 per annum with extended 5 yr lease (no break). Double frontage onto the main street with level walk in access, main shop floor sales area and service counter. Unit features storage, staff facilities and toilet facilities. Freehold Sale. Net Internal Area - 1,721 Sq.Ft. Galashiels is the principal economic and administrative centre which serves the wider Scottish Borders area. It is a popular border town on the A7, approximately 35 miles from Edinburgh city centre. Galashiels itself is an excellent shopping centre with a good choice of banking, building society and post office services. The town offers a wide and varied range of recreational amenities, bars, shops, and restaurants. The railway line is fully operational, with Galashiels station a short distance from the property, offering regular and frequent bus and train services to Edinburgh. Recreational pursuits are available throughout the surrounding countryside. Tenancy Details: Type of Agreement: Full Repairing & Insuring (FRI) Length: Annual Rent: £14,000 per year / £1,167 per month Yield: 11% (approx) Tenant: Sally Salon Services Limited (Registered Number 01060763) Notes: Rented on FRI agreement for £14,000 per annum with extended 5 year lease (no break). Tenanted since 2004. Terms & Conditions of Sale: 10% Deposit (Minimum £3,000) Standard Completion (Unless specified differently in any Special Conditions of Sale) Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)