Commercial Property to rent

38 Channel Street, Galashiels, Scottish Borders

£1,000 pcm| £231 pw

Property Description

Letting information:

Furnishing: Unfurnished

Key features

  • Prominent High Street Trading Position
  • High levels of footfall and passing trade
  • Well suited to restaurant, office or retail uses
  • Net Internal floor area 423.37 sq m (4,557 sq ft)

Full description

Location
Prominent High Street unit, occupying a strong trading position with excellent footfall in a prime central position within the main retail area of Galashiels.

Galashiels with a population of approximately 14,000 is one of the largest towns in the Scottish Borders and is generally considered to be the principal, administrative, social and retail centre for the region, effectively serving a population of in excess of 110,000.

In recent years Galashiels has benefitted from considerable investment. Developments have included the Gala Water Retail Park, two new supermarkets to the east of the town centre and significant transport infrastructure works. The infrastructure works have included the Galashiels inner relief road and, the Borders Railway link which has re-established passenger services between Edinburgh Waverley and the Central Borders. The journey time from Galashiels to Edinburgh city centre is approximately 55 minutes, with departures every 30 minutes. On weekdays the first train departs from Edinburgh at 0545, the last at 2355.

The town also benefits from a significant student population with the campuses of Heriot Watt University and Borders College within the town as well as a campus of Napier University at Borders General Hospital.

Description
An adaptable first floor unit, well suited to a multitude of retail, office, and leisure uses, subject to obtaining all necessary consents. Good window frontage to Channel Street

There is a delivery access to the rear via Overhaugh Street.

Accommodation
The accommodation currently comprises:

Ground Floor: Entrance with stairs to first floor level.
First Floor: large open plan retail area, back shop, two storage rooms, kitchen, ladies and gents WCs.

Floor Area
The subjects have been measured in accordance with the RICS Code of Measuring Practice to provide a net internal floor area of 423.37 m2 (4557.12 sq ft)

Rateable Value
According to the Scottish Assessor’s Association Website the units are assessed to a Rateable Value of £17,700 effective from 01-Apr-15.

Lease Terms
Suites are available on flexible terms by way of new full repairing and insuring leases.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

In the normal manner, the in-going tenant will be liable for any Land and Buildings Transaction Tax, Registration Dues and VAT thereon.

Entry
On conclusion of legal missives.

VAT
All figures are quoted exclusive of VAT, which will be payable at the prevailing rate.

Property ref: 121_2523_4254422


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

76 Overhaugh Street, Galashiels, TD1 1DP

01896 555004 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

76 Overhaugh Street, Galashiels, TD1 1DP

01896 555004 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

76 Overhaugh Street, Galashiels, TD1 1DP

01896 555004 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 4254422. 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.

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