Channel Street, Galashiels, Selkirkshire, TD1

A modern ground floor retail unit providing versatile accommodation.

Internally, the property is fitted out to a good standard with retail unit with suspended ceiling, rear lobby, three store rooms, kitchen and WC

Areas
The property has been measured in accordance with the RICS Code of Measuring Practice to the following areas:

Net Internal Area: 220.35sq m / 2,371sq ft
In Terms of Zone A: 118.93sq m / 1,280sq ft

E & oe measurements taken with a laser measure.

Location
The subjects are situated on the High Street within Galashiels town centre.

Galashiels has a population of approximately 14,000 and is generally considered to be the main administrative, retail and social centre for the region, effectively serving a population of in excess of 115,000.

In recent years Galashiels has been subject to 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.

These 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 in September 2015. The journey time from Galashiels to Edinburgh City Centre is approximately fifty-five minutes, with departures every thirty minutes. On weekdays, the first train departs from Galashiels at 05.24, the last at around 23.32 pm.

This opportunity is positioned relatively near the £6.7-million great tapestry of Scotland development which is anticipated to generate an additional 50,000 visitors each year.

Accommodation
Front shop with prominent double window to Channel Street; rear shop sub-divided to provide two store rooms, kitchen/ staff room and wc with low flush unit and separate entrance hall with wash hand basin; rear hall and main store room. Delivery access from Overhaugh Street.

Services:
Mains electricity, water and drainage.

Suspended air conditioning units to front shop. Sanyo wall mounted air conditioning unit to kitchen.

Planning
Established Use is understood to be Class 1 (Retail) of the Town and Country (Used Classes) (Scotland) Order 1997 (as amended).
There may also be scope for Class 2 consent which would permit a range of Professional, financial and Other Services, Beauty and Treatment uses

Rateable Value
Currently assessed as a whole to £26,000 effective from 01-Apr-2017.

Rates Poundage 2021/22: £0.49

Energy Performance Certificate
Band G141

Satellite Navigation
For those with Satellite Navigation the Post Code is TD1 1BA

Lease Terms
Available on flexible terms by way of a new Full Repairing and Insuring lease.

Entry
On conclusion of legal missives.

Value Added Tax
Any prices are exclusive of VAT. Tweedbank Industrial Estate is elected to Value Added Tax which will be payable on the Rents at the prevailing rate.

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

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

Viewing
By appointment with the sole agents:
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP
Tel.
Fax.
E-mail: s.