Summary - 71 Island Street, Galashiels TD1 1PA FK3 8XX
1 bed 1 bath Office
### Standout Features:
- Fully occupied business center with 4 longstanding tenants
- Consistent rental income during COVID-19, demonstrating resilience
- Recently refurbished office space with modern finishes
- Ample parking with 36 spaces
- Strong net initial yield of 11.39%
- Prime location with easy access to M9 motorway
### Potential Concerns:
- High service charge of £17,191
- Broadband speeds currently very slow
This well-established investment opportunity on Laurieston Road, Grangemouth, offers a lucrative return with a strong net initial yield of 11.39%. The two-story property spans 4,343 sq ft and is fully occupied by reliable tenants who have maintained rental payments throughout challenging times. Recently refurbished, the modern office interiors are equipped with new flooring and double-glazed windows, creating an inviting work environment for current and future occupants.
With 36 off-street parking spaces and strategic positioning near key transportation routes, this property draws on its advantageous location within a bustling industrial zone, catering to a diverse range of businesses. While the annual service charge is notably high, the potential for consistent rental income and continued demand in the area could make this an appealing investment for those looking to enter or expand in the commercial property market. Don’t miss this rare opportunity to secure a reliable income-generating asset.
Seize the chance to own this valuable property - opportunities like this in Grangemouth are not likely to last!
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