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Previous Auction Lot

From Auction held in November 2018
Lot 9


Former Bank Premises with Potential for Alternative Use


Selkirk (pop. 5,700) is a pleasant market town in the Central Borders lying on the banks of the River Ettrick some 30 miles south of Edinbrugh, 11 miles north of Hawick and 6 miles south of Galashiels. The town has a good range of local amenities and schooling, Galashiels offers a further range of facilities. There is a golf course, swimming pool and fitness centre. Attractions in the area include Bowhill House and Country Park and St Mary’s Loch and the surrounding countryside offers fishing, hill walking and cycling. Selkirk is centrally located providing easy access to Edinburgh and the North of England via the A7. Galashiels has a station on the Borders Railway, offering a journey time to central Edinburgh of around 50 minutes. The property, which lies within the town’s conservation area, is centrally located and occupiers within the vicinity include estate agents, vets, Hotel, Bank of Scotland, Co-op and a number of independent retailers and cafés.


The property comprises the ground floor of a detached two storey building of brick construction under a part mono pitch and part flat roof. The upper floor, accessed separately at the side of the building, is in residential use and does not form part of the subjects of sale. Internally, the accommodation has recently been fitted out for retail purposes and comprises front shop area with large glazed double display windows, work room with strong room off, three storage rooms/offices, further strong room/storage room, staff room and toilets. The unit benefits from electric heating and fluorescent lighting. There is a small car park included within the subjects of sale accessed from Tower Street to the side of the property which also provides access to a garage which forms part of the building. This is a well placed unit in the town centre providing an opportunity for continued retail or office use or, subject to obtaining the necessary consents, may lend itself alternative development.


The property is suitable for office and retail use. Alternative uses may be possible and interested parties should make their own enquiries to Scottish Borders Council Planning Dept, Council Headquarters, Newtown St. Boswells Melrose TD6 0SA Tel: 0300 100 1800 Email:


Location sq.m. sq.ft.
Front Shop 38.3 sq.m. 412 sq.ft.
Work Room 34.2 sq.m. 368 sq.ft.
Strong Room 18.2 sq.m. 196 sq.ft.
Store Room 14.4 sq.m. 155 sq.ft.
Store Room 9.1 sq.m. 98 sq.ft.
Office 9.1 sq.m. 98 sq.ft.
Former Book Room (store) 12.8 sq.m. 138 sq.ft.
Kitchen 10.9 sq.m. 117 sq.ft.
Total (excl. toilets & common areas) 147.0 sq.m. 1,582 sq.ft.


Upon request


Owner with Vacant Possession at the date of entry. The property is currently let to Mr Derek Hume t/a Ettrick Forest Interiors under a short term agreement from 14/7/18 for 6 months at a rent of £12,000 per annum exclusive, payable monthly in advance. The lease provides that in the event that neither party serves a notice to quit in order to terminate the lease on the date of expiry, the lease will continue on a month to month basis unless terminated by either party giving not less than one month’s prior written notice. The Date of Entry will be deferred till 14/01/2019.

Rateable Value



Strictly by arrangement with the Auctioneers SVA Property Auctions Ltd: 0131 624 6640.

Joint Auctioneers

GVA (Edinburgh) Tel: 0131 469 6070.

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