Channel Street, Galashiels, Selkirkshire, TD1

Retail Premises
Channel Street, Galashiels, Selkirkshire, Scottish Borders TD1 1BA
Prominent trading position near the new Tapestry of Scotland Visitor Attraction
Available as a whole or up to four lots - alternative configurations considered
Excellent window frontage - Strong level of footfall
Total Net Internal Area 674.54 sq m (7,258 sq ft)
Rental on Application - all enquiries invited

Description
A Substantial retail unit occupying the ground floor of this two storey plus attic
level Category C Listed Victorian tenement.
Internally, the property is fitted out to a good standard with lined walls retaining
previous occupiers wall panels, with suspended ceiling, incorporating LG3/ LG 7
recessed lights and suspended air conditioning units.
Originally three separate units, the landlord may consider sub-division into smaller
units.
A sketch is provided on the next page showing a potential layout, but all
reasonable enquiries are invited.
There is parking to the rear which will be allocated between this unit , No. 34
Channel Street and the offices to the first and second floor level.



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.



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



Description

A

Net Internal Area 178.39sqm 1,920sqft
In Terms of Zone A 112.52sqm 1,210sqft

B
Net Internal Area 203.37sqm 2,188sqft
In Terms of Zone A 111.76sqm 1,203sqft

C

Net Internal Area 221.79sqm 2,387sqft
In Terms of Zone A 133.86sqm 1,440sqft

D
Gross Internal Area 70.99sqm 764sqft



Accommodation
Currently configured as a single unit, following subdivision works the
accommodation would comprise:
A. Large retail double fronted unit with fitting rooms to the rear; hall to fire
escape; office; ramped access to WC.
B. Retail Area with fitting rooms/ office to the west; rear hall; Store room;
WC.
C. Double fronted unit with front shop; rear shop and office/ fitting rooms
off. WC to be provided.
D. Garage and adjacent store room with access via double doors off
Overhaugh Street.

Services:
Mains electricity, water and drainage.
Electricity likely to be sub
-metered.



Planning
Established Use is understood to be Class 1 (Retail) of the Town and Country
(Used Classes) (Scotland) Order 1997 (as amended).
Subject to planning 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
Re-assessment will be required following sub-division.
Rates Poundage 2021/22: £0.49

Energy Performance Certificate
Band G107

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.