Future Property Auctions · 22 Oct 2026 · in 3 days
58 Tenanted Investment, Channel Street,, Galashiels, TD1 1BA
58 Tenanted Investment, Channel Street,, Galashiels, TD1 1BA · Scotland
LiveMixed-useFreeholdLet
- Opening bid
- £108,000a starting bid, not a guide: lots usually sell well above it
- Rent a year
- £10,000
- Yield on the opening bid
- 9.0%
- Payback
- 11 yrs
- Net yield, after buying costs, at the opening bid
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 1,131 sq ft£8.84 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 12 Oct 2026.
Future Property Auctions' record
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Create an accountAbout the lot
Freehold mixed use lot in Galashiels. Producing £10,000 a year, a 9.0% gross yield at the guide.
Commercial Investment. IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Tenanted town centre commercial unit. Open and trading extremely well as Bakery and coffee house with passing rent of £10,000 per annum. SUPER SIZE AND TRADING POSITION IN BUSY TOWN CENTRE with highly prominent frontage onto the town's main thoroughfare. Perfectly located for the town's main car park, bus station and train station. Former H. Samuel is currently let to and Trading as Bulldog Bakery and Coffee House with passing rent of £10,000 per annum on 2 year FRI lease since May 2025. SUPER RETURN ON INVESTMENT. PRIME TOWN CENTRE POSITION within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Lloyds Pharmacy, Specsavers and Argos. Galashiels is a busy market town and the largest settlement in the Scottish Borders and is the region's main commercial and retail centre. Serviced by excellent transport links with plentiful carparks. Ground floor retail unit. 105.07 sqm- (1,131 sq ft). IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Tenanted town centre commercial unit. Open and trading extremely well as Bakery and coffee house with passing rent of £10,000 per annum. SUPER SIZE AND TRADING POSITION IN BUSY TOWN CENTRE with highly prominent frontage onto the town's main thoroughfare. Perfectly located for the town's main car park, bus station and train station. Former H. Samuel is currently let to and Trading as Bulldog Bakery and Coffee House with passing rent of £10,000 per annum on 2 year FRI lease since May 2025. SUPER RETURN ON INVESTMENT. PRIME TOWN CENTRE POSITION within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Lloyds Pharmacy, Specsavers and Argos. Galashiels is a busy market town and the largest settlement in the Scottish Borders and is the region's main commercial and retail centre. Serviced by excellent transport links with plentiful carparks. All rental figures are exclusive of VAT with VAT paid in addition. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: Rent: £10,000 per year / £833 per month. Yield: 9% (approx). Tenant: Private Individual. Notes: passing rent of £10,000 per annum on 2 year FRI lease since May 2025. Galashiels is a busy Scottish market town located in the Borders some 30 miles south of Edinburgh and 30 miles west of Berwick Upon Tweed. The town has a resident population of some 14,000 persons. Communication links are provided via a direct train line to Edinburgh and also the A7 trunk road which links to Edinburgh, Hawick and Carlisle.
Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.