Retail Property (high street) to rent

Park Street,Galashiels,TD1 1BZ

2,006 sq. ft. | £16,000 pa| £1,333 pcm

Property Description

Commercial information

  • 2,006 sq ft (186 sq m)
  • Use class orders: A1 Shops and B2 General Industrial

Letting information:

Letting type: Commercial

Key features

  • Excellent window frontage
  • Good passing trade from one way system
  • Strong town centre position
  • Potential to split unit
  • Rates relief incentives from Scottish Borders Council

Full description

General Information
A detached ground floor retail unit with prominent window frontage situated within a busy town centre position.

Park Street is situated to the north of Channel Street, Galashiel’s principal retail street.

Galashiels has a population of approximately 14,000 and is one of the main towns in the Scottish Borders, regarded as the regions principal administrative and retail centre effectively serving a population in excess of 110,000.

The subjects have most recently been occupied as a retail outlet specialising in baby clothes and products, however, they are considered to offer scope for a variety of alternative uses including general retail, showroom, leisure or office uses, *subject to obtaining the necessary consents.

Nearby retailers include Woolworths, Greggs bakers, Shoe Zone, Dorothy Perkins,
Evans and Burtons.

Accommodation
The subjects have been measured in accordance with the RICS Code of Measuring
Practice to provide the following approximate areas:

Retail area (all ground floor) 186.3m² (2006 sq ft)
Gross frontage 27.28m² (89’ 6”)
Shop depth 7.27m (23’ 10”)
Internal width 27.28m (89’ 6”)

The accommodation comprises front shop, office, changing room, w.c. with wash hand basin and low flush unit.

The subjects have most recently been occupied as a retail warehouse for the sale of furniture, however, they are considered to offer scope for a variety of alternative uses including general retail, showroom, or office uses.
The property is available to let as a whole or may be sub-divided to form two selfcontained units

Ratable Value
The subjects are currently assessed to a Rateable Value of £22,800 effective from 01-Apr-2010.

The Landlord may be prepared to contribute towards the rates bill pending a rates appeal.

Services
Mains electricity, water and drainage. Mains gas understood to be available, but not connected.

Rent
Rental on application.

May sub-divide to form two self-contained units - further details are available from the sole letting agent.

Lease Terms
The premises are available on a new full repairing and insuring lease. Alternatively, a flexible in-house lease maybe considered.

Lease terms by negotiation.

Legal Costs
Each party will be responsible for their own legal costs incurred in connection with this transaction. The in-going tenant will be responsible for any stamp duty, registration dues and VAT incurred thereon.

Viewing and Further Information
Viewing strictly by appointment with the sole letting agents, Edwin Thompson LLP,
Chartered Surveyors:
Tel: 01896 751300
Fax: 01896 758883

Our client would consider splitting the premises to form two separate self-contained
retail units. Please contact the sole letting agents for further details

More information from this agent

Nearest stations

  • Galashiels (0.1 mi)
  • Tweedbank (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Edwin Thompson, Galashiels - Commercial

76 Overhaugh Street, Galashiels, TD1 1DP

01896 555015 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Edwin Thompson, Galashiels - Commercial

76 Overhaugh Street, Galashiels, TD1 1DP

01896 555015 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Galashiels (0.1 mi)
  • Tweedbank (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Edwin Thompson, Galashiels - Commercial

76 Overhaugh Street, Galashiels, TD1 1DP

01896 555015 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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