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5 Vault Sq 6,255 SF Retail Building Kelso TD5 7JU $325,485 CAD ($52.04 CAD/SF)
INVESTMENT HIGHLIGHTS
- PRIME NEW LISTING. We are excited to present this Massive vacant commercial unit located within a prime location in Kelso.
- This property offers a fantastic development opportunity, perfect for visionary investors looking to transform space into something spectacular.
- Previously, there was planning for alterations and extensions to form one dwelling house and seven flats, adding immense value to the future potential of this space.***21/00673/FUL***.
- Sales Evidence: **17, Broomlands, Kelso TD5 7PR sold for £443,000, 23, Broomlands, Kelso TD5 7PR sold for £580,000**.
- The property was previously trading as a nightclub. It is massively discounted, providing an exceptional chance to acquire valuable property at a fraction of the price.
EXECUTIVE SUMMARY
• PRIME NEW LISTING. We are excited to present this Massive vacant commercial unit located within a prime location in Kelso.
• Previously, there was planning for alterations and extensions to form one dwelling house and seven flats, adding immense value to the future potential of this space.***21/00673/FUL***
PRIME NEW LISTING. We are excited to present this Massive vacant commercial unit located within a prime location in Kelso.
The property comprises three spacious stories featuring two vibrant bars, three well-appointed WCs, two expansive dance floors, ample storage, and versatile office space.
It has been confirmed that with respect to the Standard Security in favour of the Bank of Scotland, the sums secured were repaid over 20 years ago and I have forwarded the Discharge to the Bank for execution.
Previously, there was planning for alterations and extensions to form one dwelling house and seven flats, adding immense value to the future potential of this space.***21/00673/FUL***
Kelso is a charming market town located in the Scottish Borders, known for its vibrant community and historical attractions. The town offers a blend of picturesque landscapes, bustling markets, and historic sites, making it an attractive place for both locals and visitors.
• Previously, there was planning for alterations and extensions to form one dwelling house and seven flats, adding immense value to the future potential of this space.***21/00673/FUL***
PRIME NEW LISTING. We are excited to present this Massive vacant commercial unit located within a prime location in Kelso.
The property comprises three spacious stories featuring two vibrant bars, three well-appointed WCs, two expansive dance floors, ample storage, and versatile office space.
It has been confirmed that with respect to the Standard Security in favour of the Bank of Scotland, the sums secured were repaid over 20 years ago and I have forwarded the Discharge to the Bank for execution.
Previously, there was planning for alterations and extensions to form one dwelling house and seven flats, adding immense value to the future potential of this space.***21/00673/FUL***
Kelso is a charming market town located in the Scottish Borders, known for its vibrant community and historical attractions. The town offers a blend of picturesque landscapes, bustling markets, and historic sites, making it an attractive place for both locals and visitors.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
6,255 SF
Year Built
1960
Price
$325,485 CAD
Price Per SF
$52.04 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.79
Lot Size
0.08 AC
Frontage
34’ on Oven Wynd
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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5 Vault Sq
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