5 bed commercial property for sale in Duns

Property highlight: Wonderful investment potential, Successful rental history, On-street parking

Offering a great deal of potential to the investor, 38 - 44, Market Square, Duns, TD11 3DR is a well-positioned mixed-use unit within the heart of the town. Extending over an impressive 305sq.m and comprising of a mix of both commercial and residential, the premise is being offered at £185,000, having been independently valued at £75,000 for the commercial element and £140,000 for the residential element. Also benefiting from an abundance of on-street parking, this opportunity would be ideal for those looking to expand their portfolio, or those looking for a conversion project - viewings come highly recommended. Commercial Element: The commercial aspect of the property extends to an approximate 160sqm and spawns across the ground and basement floors of the building, comprising of a reception area, working kitchen, ground floor storeroom, WC, cloak room and stairwell to the basement. Holding a class 3 classification, the property allows for the sale of food or drink for consumption on the premises but the building itself would be suitable for a variety of different business ventures. Residential Element: Accessed at the left of the commercial premises is a five bedroom, first and second floor, maisonette that is well proportioned throughout with an abundance of natural light cascading in. Investors may also consider the option of converting the property as a whole to a substantial residential dwelling, although no plans have been sought or approved at this time. Rateable Value: According to the Scottish Assessor's website (www.saa.gov.uk) the subjects have been entered into the valuation roll at £11,300 as of 1st April 2023