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Property
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 18 May 2023
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 2% of Sale Price (Min £2000 +vat)
Extended Completion: Up to 8 Weeks if required.
*PRIME HIGH STREET INVESTMENT* Prominent High Street commercial unit set over 2 levels let to Vodafone Limited on Full Repairing and Insuring lease until September 2026 giving immediate rental income of £9,500 per annum. This is low rent with realistic potential rental of over £15,000 per annum. PRIME TRADING POSITION WITH HIGHLY VISIBLE FRONTAGE within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Subway, Greggs, Tesco, Next and ASDA. Super commercial investment. *FULLY RENOVATED* FITTED OUT TO EXTREMELY HIGH CORPORATE SPECIFICATION. Large High Street Unit includes ground and first floors. Ground Floor-104.50 sqm (1,125 sq ft). First Floor 111.45 sqm (1,200 sq ft). Extremely strong trading position in popular commercial spot. Part of the popular Douglas Bridge retail development within the town centre. The premises also benefit from nearby proximity to the town’s bus station, free parking and the new Borders Rail Station. LET TO VODAFONE LTD- GRADE A TENANTS. Vodafane is multinational corporation operating in 22 countries across Europe, Asia, Africa and Oceania. Vodafone recorded and operating income of over £4 billion in 2020. *100% SECURE TENANT*
Auction Details
18 May 2023, 10am-3pm
Timed Online Auction
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