Excellent, High Yielding Commercial Investment within a prime location in St Boswells, Melrose.
Property Comprises: Large workspace, kitchen, washroom and office.
This property currently operates as a barbershop, boasting a long-term tenant and delivering a solid rental income of £417 per month (£5,004 per annum).
The outstanding 16% annual yield makes this investment a lucrative choice for discerning investors seeking immediate returns.
Convenience is key, and this property offers just that with parking space available at the rear. Enjoy the assurance of a Full Repair and Insurance (FRI) lease, providing peace of mind for the long term
The strategic location ensures good footfall, catering to landlords on the lookout for an affordable and high-performing commercial asset.
Location
Nestled in the Scottish Borders, St Boswells near Melrose is a charming village with a rich history and tranquil surroundings. Set against the backdrop of rolling hills, the village features historical landmarks like the ruins of Dryburgh Abbey and the renowned Scott's View. The meandering River Tweed adds to its allure, providing scenic walks and fishing opportunities. St Boswells maintains a close-knit community feel with essential amenities, contributing to its welcoming atmosphere. As a gateway to Melrose, residents enjoy easy access to cultural attractions and recreational offerings. Despite its peaceful ambiance, St Boswells is well-connected via the A68 road, making it an ideal haven for those seeking a serene lifestyle in a picturesque setting.
Accommodation
Property Comprises: Large workspace, kitchen, washroom and office.
Terms
Guide Price - £30,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Excellent, High Yielding Commercial Investment within a prime location in St Boswells, Melrose. - Guide price £30,000
- The Property is currently tenanted and provides a rental income of £417 p/m (£5,004 p/a) which returns an outstanding yield of 16% per annum.
- Property benefits from immediate cash flow from day one, FRI lease in place and space for parking to the rear.
- Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment
- Property is currently being used as a barbershop with long term tenant in Situ ** HIGH YIELDING INVESTMENT**