Immediate rental income from a long-term town centre letting.
Freehold High Street commercial unit, approx. 570 sq ft
A compact freehold commercial unit on Jedburgh High Street currently let to long-term tenants, offering immediate rental income and town-centre visibility. The ground-floor Victorian mid-terrace shop includes a main trading area, stock room and staff WC within about 570 sq ft, and benefits from excellent mobile signal and fast broadband — useful for modern retail or service operators.
The listing shows an annual gross income of £60,000, making this an eye-catching yield against the £58,000 asking price; prospective buyers should review the Let Property Pack and tenancy documentation to verify income, lease length and tenant covenants. The property’s freehold tenure removes leasehold complications, but buyers must allow for any ongoing maintenance or tenant obligations typical of older Victorian terraces.
Location strengths include High Street frontage, steady footfall from local amenities and good transport links. Important contextual risks: the wider area is classed as very deprived with local classifications of hampered aspiration and constrained renters, which could affect long-term rental growth and re-lettability. A buyers’ premium applies on sale — factor this into purchase costs.
Suitable primarily for investors seeking an immediate-let, small-scale High Street asset. The unit’s compact layout suits single-operator businesses or continued occupation by the existing tenant; any change of use or significant refurbishment should be planned and budgeted for in advance.
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