0 Bed Retail Property (high Street) To Rent

Prime Town Centre Location

Ground & 1st Floor

Class 1 Consent

3,319sq ft

Rent: £15,000p.a.x

Sale: £175,000.



Location



The subject premises are located to the south side of Channel Street within an area of existing national and local retail operators.



Galashiels is an established Scottish Borders commuter town situated some 27 miles to the south of Edinburgh and 18 miles to the east of Peebles. The town forms a major transport network for the Scottish Borders with links to Edinburgh and Carlisle by way of the A7 and to Newcastle by the A68 arterial road. It is also part of the main bus hub and will soon be the central hub for the forthcoming railway line, linking the Scottish Borders to Edinburgh. Neighbouring occupiers include Argos, Holland & Barrett, Lloyds pharmacy, Subway, Boots, Nationwide Building Society, Co-Op Funeral Care.



Subjects



The property comprises a substantial ground and first floor commercial unit set within a larger 3 storey commercial development of traditional construction surmounted by a pitched roof.



The property benefits from a large aluminium framed and glazed frontage with access gained via twin, glazed doors leading to an open plan retailing area. Lighting is provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling with floors being overlaid in laminated timber.



Partitions have been erected to form main retailing space, private office, storage area and w.c. facilities. The space benefits from an upper floor which is accessible via an internal staircase providing further storage, office and studio space.



Area



The subjects have been measured on a net internal area basis and are calculated to extend to the following floor area;



Ground: 266.06sqm (2,864sq ft)

1st Floor: 42.26sqm (455sq ft)



Total: 308.32sqm (3,319sq ft)



Rent



The property is available on a new full repairing and insuring head lease for a negotiable term for £15,000p.a.x



Price



The property is available on a freehold basis for £175,000



V.A.T



The property has been elected for V.A.T.



E.P.C



Available on request



Legal



Each party shall bear their own legal costs incurred in the transaction



Anti-Money Laundering



In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.