icons_size_white icons_size

GROUND AND FIRST FLOOR TOWN CENTRE COMMERCIAL SPACE WITHIN GALASHIELS

For sale: POA|To rent: ROA|2325 Sq Ft|Retail, Office, Retail - High Street, Healthcare, Showroom, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE2325 Sq Ft
ADDRESSO2, 67-69 Channel Street, Galashiels, Scottish Borders, TD1 1BN
TYPERetail, Office, Retail - High Street, Healthcare, Showroom, Offices, Other Property Types & Opportunities
TENURETo Let, For Sale Freehold
POSTED ON15th September 2020

DESCRIPTION

Prominent Position
Ground & 1st Floor
2,325sq ft
Incentives Available
Rent: £15,000p.a.
Sale Price on Application

Location

The subject premises are located to the north 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 subjects comprise a mid terrace retail unit set within a commercial portfolio of modern construction. The property benefits from prominent aluminium framed and glazed frontage with dual display windows flanking the entrance door. Internally the property has been fitted out in accordance with O2 corporate specification with floors overlaid in laminated timber, walls have been lined and painted with lighting provided by way of halogen spots recessed within the suspended acoustic tile ceiling along with air conditioning units providing heating and cooling.

Partitions have been erected to form store room, w.c. and access to the upper floor with private office, storage and staff area.

Area

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

Ground: 104.5sqm (1,125sq ft)
1st Floor: 111.45sqm (1,200sq ft)

Total: 115.55sqm (2,325sq ft)

NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£18,800

Proposal

Our client is offering the subjects on a new full repairing and insuring lease for a negotiable term for £15,000per annum.

Offers are invited for the freehold interest on the subjects

V.A.T

Prices quoted are exclusive of V.A.T

E.P.C

Available on request

Legal

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

LBTT & Registration Dues

The tenant / purchaser shall be responsible for any LBTT or Registration Dues incurred in the transaction

Viewing

By appointment via the marketing agent

LOCATION

Location: O2, 67-69 Channel Street, Galashiels, Scottish Borders, TD1 1BN
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here