Summary - PUBLIC HOUSE, 5, VAULT SQUARE TD5 7JU
1 bed 1 bath Bar / Nightclub
Large vacant nightclub with redevelopment potential and auction sale, marketed at a significant discount..
Freehold three-storey commercial building in central Kelso
A substantial freehold commercial building in Kelso centre, offered for auction at a significant discount. The three-storey unit formerly traded as a nightclub and retains large rooms, high ceilings (in parts), two bars, two dancefloors, multiple WCs, storage and office space — a blank canvas for conversion or continued leisure use. Previous planning application (21/00673/FUL) proposed alterations and extensions to create one house plus seven flats; this indicates realistic residential redevelopment potential, but any new buyer must confirm current planning status with the local authority.
The property requires refurbishment and adaptation; parts are mid-20th century stone/concrete and will need substantial investment to meet modern standards. There are signs the lender’s standard security was discharged historically and documents have been forwarded for execution, but buyers should verify title and any outstanding charges. The building is in a very deprived area with strong local amenities nearby, excellent mobile signal and fast broadband — useful for residential conversion or mixed-use schemes.
This lot will be sold at auction, so expect a conditional sale process and the need for pre-auction finance and legal readiness. Suited to investors or developers seeking a low-entry-price opportunity with upside from redevelopment, but not ideal for those seeking a turnkey business or immediate rental income without further work.
Commercial property for sale in 5 Vault Square, Kelso, TD5 7JU, TD5 — £185,000 • 1 bed • 1 bath
Commercial property for sale in Office/Sudio, Oven Wynd
Kelso, TD5 7HS, TD5 — £30,000 • 1 bed • 1 bath • 3767 ft²
Land for sale in 3 Woodmarket, Kelso, Scottish Borders, TD5 — £295,000 • 1 bed • 1 bath • 3112 ft²
Commercial property for sale in Commercial Premises - 1-5 Horsemarket, Kelso, TD5 7HE, TD5 — £145,000 • 1 bed • 2 bath • 2303 ft²
2 bedroom semi-detached house for sale in Horsemarket, Kelso, TD5 — £190,000 • 2 bed • 2 bath • 1085 ft²
Commercial property for sale in Commercial Premises At 22, Horsemarket, Kelso, TD5 7HE, TD5 — £150,000 • 1 bed • 1 bath • 635 ft²
