Earlston Road, Newtown St Boswells, TD6 0PL

Availability

For Sale

Price

£430,000

Description

The property comprises a detached single storey warehouse arranged in two sections incorporating offices, trade counter and storage areas functioning as a builders merchants. The warehouse is of concrete frame construction with solid floor and elevations of blockwork to an eaves height of approximately 4 metres. The total site area is approximately 0.36 hectares (0.85 acres) with the yard comprising concrete and tarmac, used for external storage and a one way goods in/out circuit.

Location

Newtown St Boswells is the administrative centre of the Scottish Borders Council area, 40 miles south of Edinburgh, 10 miles west of Kelso, 4 miles to Melrose and 8 miles east of Galashiels. The property is situated on the southern edge of the town, close to the Borders Agricultural College.

Key Points

  • Trade Counter Investment
  • Offers over £430,000 - 6.05% net initial yield
  • Fixed uplift in December 2020 to 7.01%
  • 12.5 years unexpired
  • Strong Travis Perkins 5A1 covenant

Size

9,124 sq ft (847.00 sq m)

Accommodation

Area sq ft sq m
Ground Floor Office Shop 2,122.00 197.00
Ground Floor Warehouse 4,865.00 451.00
Mezzanine Storage 2,137.00 198.00