Initial price	£60,000
25/10/25	£52,000
30/10/25	£59,000
08/11/25	£54,000
05/12/25	£58,000
06/12/25	£54,000
Price Change	-10.00%

This vacant space on the upper level of 38 Channel Street in Galashiels has planning permission to be converted into five flats, each with a potential sale value of up to £125,000 or rental value of £900 per month. This would generate a total income of over £50,000 per year. The property is located in a highly sought-after area, with easy access to leisure and retail amenities, and is a great commuter town with good road connections to Edinburgh. The location is also close to major retailers such as Tesco and Asda, making it an attractive development opportunity. The property will be sold under auction terms and conditions, and the seller may be open to pre-auction offers, so interested parties should visit the website to submit their offer.