Value-packed town-centre building with period character and redevelopment potential.
Freehold Victorian mixed-use building, ~1,938 sq ft total area
Large primary retail/business area with back service and storage rooms
Upper floors include two bedrooms and one bathroom (mixed‑use potential)
Town‑centre High Street location with excellent transport links
Fast broadband and excellent mobile signal — good for modern occupiers
Listing contains inconsistent tenancy details — confirm occupancy/income
Area recorded as very deprived; factor rental risk into appraisals
Buyer’s premium applies on sale; allow for this in purchase costs
A substantial Victorian mixed-use building on Selkirk High Street offering nearly 1,940 sq ft of versatile space and freehold title. The property combines a large primary commercial area with back service and storage rooms, plus upper floors described with two bedrooms and one bathroom — suitable for continued mixed-use or conversion work. Its town‑centre position delivers easy access to local amenities, public transport and strong mobile and broadband connectivity.
This is primarily pitched at investors seeking a value entry into a town‑centre asset. The building’s period character, high ceilings and prominent shopfront provide clear rental and repositioning potential for retail, office or a blended residential/commercial layout. The low asking price presents upside for purchasers prepared to manage refurbishment and re-letting.
Important practical points are signalled up front. the listing contains inconsistent tenancy information (described both as vacant and as having long‑term tenants); buyers must verify current occupancy and income records. The area is recorded as very deprived, which can affect rental levels and tenant demand — a realistic factor when modelling returns. A buyer’s premium will apply on completion and should be allowed for in purchase costs.
Overall this property suits an investor or small developer looking for a character asset with scope to add value through repair, marketing or change of use. Expect some remedial and cosmetic work internally (worn finishes noted) and plan for surveys and checks on services prior to exchange.
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