Initial price	£195,000
19/07/24	£180,000
Price Change	-7.69%

This mixed-use commercial and residential development opportunity in Galashiels, Scotland, presents a unique chance for investors and developers. The property, which spans approximately 924 square meters over two levels, features a tenanted retail unit on the ground floor, currently occupied by Savers, with a rolling annual lease worth £16,535. The first and roof levels have planning permission approved to create six residential units, comprising one three-bedroom, four two-bedroom, and one one-bedroom apartment. The property offers the benefit of ongoing rental income from day one, as well as the potential for added value through completing the residential development. With its prime location in central Galashiels, excellent transport links, and rich history and culture, this property is sure to attract strong demand from investors and developers.