Property highlight: Benefitting from a prominent, street facing position within the historic market town of Kelso.
Benefitting from a prominent, street facing position within the historic market town of Kelso, 12 Bridge Street is brought to the market in good condition. Enjoying a high level of footfall, the tenanted premise would ideally suit a commercial investor seeking to expand their portfolio with immediate income available. Extending to an approximate 116.08 sq.m. (1,249 sq.ft) internally, as per the commercial valuation report, 12 Bridge Street comprises of a sales room with large window displays, fitting room, rear hallway, rear storage room, kitchenette, WC and a basement providing fantastic storage. Suitable for a variety of business ventures, early viewings are considered essential to fully appreciate.
Return on investment:
For those looking to begin, or expand a rental portfolio 12 Bridge Street has a long and successful letting history with the current rental income offering a gross rental yield of 8.34% per annum.
Kelso is one of the most attractive towns in the Scottish Borders, situated at the confluence of the Rivers Tweed and Teviot with its focal point being the Flemishstyle Town Square. There are excellent facilities in Kelso including National Hunt Racing, Curling, Golf, Swimming, Rugby, Tennis, Cricket, Bowls and Fishing. Kelso lies approximately 43 miles south of Edinburgh, 25 miles west of Berwick-Upon-Tweed and 70 miles north of Newcastle-Upon-Tyne. The new Waverley rail link from Edinburgh to Tweedbank can be reached in around 30 minutes from Kelso.