Retail Property (high street) to rent

Channel Street, Galashiels, Selkirkshire, TD1

2,849 sq. ft. | £20,000 pa| £1,667 pcm

Property Description

Commercial information

  • 2,849 sq ft (264 sq m)

Letting information:

Letting type: Commercial

Key features

  • Town centre position
  • Large displacy windows
  • High level footfall
  • Car parking and delivery access to the rear

Full description

Location
The subjects are located to the south of Channel Street in Galashiels town centre.

Galashiels has a population of circa 14,000 and is one of the main towns in the Scottish Borders. It is generally considered to be the administrative, retail and social centre for the region, effectively serving a population of in excess of 110,000.

The town benefits from a significant student population with campuses of Heriot Watt University and Borders College within the town. Redevelopment works have recently been completed in the town centre with the development of two supermarkets in the Gala Water Retail Park to the east and further investments proposed to the local transport infrastructure including re-opening of the railway link to Edinburgh in September.

Description
The subjects comprise a two storey terraced unit situated within a parade of nine similar units believed to date to the 1960s.

At the back of the building there is a communal tarmacadam car park access to this is currently limited by concrete bollards. These could be removed and replaced with hinged lockable parking posts to enable this area to be utilised more effectively.

The front elevation of the building is faced in reconstituted stone with protruding box windows at first floor level and recessed shop frontage accessible via an arched arcade. Consent has been obtained for the shop to be brought forward in line with the frontage of the properties to the west, but this has not yet been implemented.

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


Description Sq m Sq ft
Front Shop NIA 154.07 1,658
First Floor NIA 110.68 1,091
Total NIA 264.75 2,849
Total ITZA 133.41 1,436

Rateable Value
The subjects are currently assessed to a Rateable Value of 37,800 effective from 01-Apr-2010

Rateable Value information is obtained from the Scottish Assessors website and whilst believed to be correct, this information has not been verified.

Further information in this regard can be obtained from the Business Rates Team at Scottish Borders Council.

Services
Mains electricity, water and drainage is understood to be available.

Heating is by way of electric convector heaters.

Legal Costs
Each party will be responsible for their own legal costs in relation to this transaction.

Energy Performance Certificate
To be confirmed.

VAT
Any prices are exclusive of VAT. Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction

Viewings
Strictly by appointment with the sole agents:

Edwin Thompson LLP
Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP

Tel: 01896 751300
Fax: 01896 758883
Email: galashiels@edwin-thompson.co.uk


Nearest stations

  • Galashiels (0.2 mi)
  • Tweedbank (2.0 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.

Map & Street View

Nearest stations

  • Galashiels (0.2 mi)
  • Tweedbank (2.0 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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Property reference GE1035. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edwin Thompson, Galashiels - Commercial.

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