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Galashiels TD1

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Property description & features

Status: Available
Type: Commercial
Ownership: Freehold
Occupation: Tenanted
AUCTION DATE: 07 November 2024

Tenant: Holland & Barrett Retail Ltd Expiry: 25th March 2026 Passing Rent: £27,400p.a.x. Area: Ground: 126.98sqm (1,367sq ft) Further Information: Holland & Barrett Retail Ltd, a leading health and wellness retailer, reported a strong financial performance for the fiscal year ending September 30, 2023. The company's revenue increased by 11% to £806.1 million, up from £725.3 million in the previous fiscal year. Despite this growth, the company's EBITDA fell from £105.6 million to £81.9 million due to changes in accounting policies and significant investments aimed at driving future growth . These investments, totalling around £70 million, were directed towards upgrading stores, enhancing technology, and developing new products, including the renovation and opening of over 200 stores across the UK (800 in total). This transformation strategy has also included an international expansion, with significant sales growth reported in regions such as China, Saudi Arabia, and India

Auction Details
07 November 2024, 10am-3pm
Timed Online Auction

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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.

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Broadband availability and predicted speed

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Mobile phone signal availability and predicted strength

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Clear: No bars, no signal predicted
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Amber: Two bars, may experience problems with connectivity
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