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80-102 Channel St

774 SF Retail Condo Unit Offered at $121,414 in Galashiels TD1 1BD

Investment Highlights

  • Located on the north side of Channel Street
  • Parking is widely available
  • Two storey building

Property Facts

Price $121,414
Unit Size 774 SF
No. Units 1
Total Building Size 17,285 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment
Building Class B
Floors 3
Typical Floor Size 5,235 SF
Year Built 1985
Lot Size 0.13 AC

1 Unit Available

Unit 86

Unit Size 774 SF
Price $121,414
Price Per SF $156.86
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 9.82%
NOI $11,922.81
Description

The shop is set out as a travel agency with open plan workstations to the front and a secure foreign exchange area to the rear. In addition, there is a staff room, store and
WC facilities.

Sale Notes

Offers over £95,000 reflecting a Net Initial Yield of 9.82% after standard purchaser costs. Let to Hays Travel Ltd until
22 September 2031.

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Amenities

  • Security System
  • Energy Performance Rating - E

Nearby Major Retailers

Tesco Extra
Santander
Virgin Money Plc
Bank of Scotland
Iceland
ASDA
The Co-operative Food
Farmfoods
Costa Coffee
ALDI
  • Listing ID: 33593067

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 80-102 Channel St, Galashiels TD1 1BD

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