In The Region Of £105,000

commercial property for sale in Kelso

Commercial Premise At 12 Bridge Street, Kelso, TD5 7JD
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Key features
  • Immediate rental income
  • Prominent, central location
  • Large, street facing window displays
  • Suitable for a variety of business ventures
  • Well maintained throughout

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. Location: 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.

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Strictly by appointment with the Selling Agent. To arrange an appointment to view please contact Cullen Kilshaw Hawick on 01450 202317.
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Kelso, Borders at a glance*

  • Average selling price

    £254,801

  • Median time to sell

    17 days

  • Average % of Home Report achieved

    106.6%

  • Most popular property type

    3 bedroom house

To find out more about the local market, contact Cullen Kilshaw today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 6 month period ending on 30/09/2022

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* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.