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1 Douglas Bridge - Units 1-11
9,106 SF Retail Condo Unit Offered at $632,628 in Galashiels TD1 1BH
Investment Highlights
- Prominent Town Centre location
- Corner position within a regenerated commercial parade in Galashiels Town centre
- Situated on the busy Douglas Bridge retail parade within the town of Galashiels
Executive Summary
The property comprises a prominent corner position within a regenerated commercial parade in Galashiels Town Centre, with a return frontage onto Gala Water. The unit comprises a substantial ground and upper floor within a larger retail parade of steel framed portal construction surmounted by a pitched slated roof.
Property Facts
| Price | $632,628 | Sale Type | Investment |
| Unit Size | 9,106 SF | Building Class | B |
| No. Units | 1 | Floors | 2 |
| Total Building Size | 43,032 SF | Typical Floor Size | 6,002 SF |
| Property Type | Retail (Condo) | Year Built | 1967 |
| Property Subtype | Storefront | Lot Size | 0.15 AC |
| Price | $632,628 |
| Unit Size | 9,106 SF |
| No. Units | 1 |
| Total Building Size | 43,032 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,002 SF |
| Year Built | 1967 |
| Lot Size | 0.15 AC |
1 Unit Available
Unit 1
| Unit Size | 9,106 SF | Sale Type | Investment |
| Price | $632,628 | Tenure | Freehold |
| Price Per SF | $69.47 | Cap Rate | 10.64% |
| Condo Use | Retail | NOI | $67,311.65 |
| Unit Size | 9,106 SF |
| Price | $632,628 |
| Price Per SF | $69.47 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 10.64% |
| NOI | $67,311.65 |
Description
Internally there is a large open plan sales area at ground floor with L.E.D and halogen spot lighting, with floors overlaid in laminated timber. Partitions have been erected to the rear to form store room, W.C. and access to the upper floor. The upper floor extends johnstonwaddell.co.uk // 0141 221 4545
across several of the neighbouring units, offering substantial storage area, staff facilities and office.
Sale Notes
Prominent retail investment unit available for sale. Offers over £495,000 with attractive net initial yield of 10.64%. Let to Argos
Internal
Internal
Internal
Amenities
- Commuter Rail
Nearby Major Retailers
-
Graham Waddell -
Johnston Waddell
Learn More About Investing in Retail Properties
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1 Douglas Bridge - Units 1-11
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