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 |