commercial property for sale in Melrose

Property highlight: Attractive investment opportunity - Tenant in Place Until May 2026.

Situated in a prominent position on Market Square—the primary retail pitch in the desirable town of Melrose—this well-presented retail unit offers an attractive investment opportunity with an established tenant in place until May 2026. The property forms part of a striking traditional stone building, featuring an ornate façade and large display windows that flood the shop with natural light and create strong visual presence. Its elegant architectural detailing, coupled with prime frontage, enhances its appeal to both occupiers and customers. Internally, the shop is fitted out to a good modern standard and comprises a generous open-plan sales area with a practical rectangular layout. An access ramp provides easy, step-free entry from the street level, ensuring accessibility without compromising retail space. To the rear, there is a smaller ancillary space; however, loading and unloading must be carried out via the main front entrance. This is a rare opportunity to acquire a well-located, income-generating retail asset in one of the Scottish Borders' most picturesque and sought-after towns. Viewings are considered essential to fully appreciate. Rateable Value: According to the Scottish Assessor's website (the subjects have a Rateable Value of £11,400 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound. Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.