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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.

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