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For Sale
Galabank Trade Park, Wilderhaugh, Galashiels, Scottish Borders, TD1 1PR
Tenure

For Sale

Type

Industrial

Price

- £3,500,000 Offers Over

Size

43,172 Sq Ft

Ref No

18573

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Property Highlights

  • Multi-let industrial / trade park extending to 43,172 sq ft
  • Total rent passing of £280,900 reflecting a low average rent of £6.50 psf
  • NIY of 7.54% & potential RY of 9.04% +
  • Strong tenant line up including Jewson, City Plumbing Supplies, CEF, Rexel, Dingbro and Specialist Building Products
  • Highly prominent location
  • Total site area of 3.20 acres

Overview

Rarely available high yielding multi let industrial & trade counter investment located with Galashiels.

Galashiels is a major commercial centre for the Scottish Borders region and is rich with history and modern amenities making it a popular destination.

Galabank Trade Park benefits from a highly prominent location in the north west of the town centre fronting onto the town's main thoroughfare.

The estate comprises a prominent multi let industrial / trade counter development providing 6 modern units. The tenants have excellent covenants and include Jewson, City Plumbing Supplies, CEF, Rexel, Dingbro and Specialist Building Products.

Ford Swanson Image

Ford Swanson

Partner

Nick Armstrong Image

Nick Armstrong

Partner

Cameron Whyte Image

Cameron Whyte

Associate

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