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EXTENSIVE TOWN CENTRE RETAIL / RESIDENTIAL / WORKSHOP DEVELOPMENT - CHANNEL STREET GALASHIELS

For sale: POA|To rent: ROA|17427 Sq Ft|Warehouse, Residential, Retail, Offices, Retail - High Street, Leisure Property, Restaurant/Cafes, Healthcare, Showroom, Industrial, Licensed & Leisure, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE17427 Sq Ft
ADDRESSSt. Margaret of Scotland Hospice, 34 Channel Street, Galashiels, Scottish Borders, TD1 1BA
TYPEWarehouse, Residential, Retail, Offices, Retail - High Street, Leisure Property, Restaurant/Cafes, Healthcare, Showroom, Industrial, Licensed & Leisure, Other Property Types & Opportunities
TENUREDevelopment Opportunity, To Let, For Sale Freehold
POSTED ON3rd May 2021

DESCRIPTION

Extensive Frontage
Rarely Available Opportunity
Potential Residential Development
Rear Parking / Loading
Full Building
Multiple Use Potential
Ground, 1st & 2nd Floors
Rent: o/o £37,000p.a.



Location

Galashiels is a busy Scottish market town located in the Borders some 30 miles south of Edinburgh and 30 miles west of Berwick Upon Tweed. The town has a resident population of some 14,000 persons. Communication links are provided via a direct train line to Edinburgh and also the A7 trunk road which links to Edinburgh, Hawick and Carlisle.
The subjects are located on the north side of Channel Street, the principle retailing street within the town. Nearby traders include Savers, Bon Marche, WH Smith, Carphone Warehouse and many others.

Property
The subjects comprise a substantial listed building of sandstone construction under a pitched slate clad roof which has been extended to the rear at ground floor level under a mix of pitched and flat roofs.
The property comprises two retail units at ground floor and two floors of offices above together with a small service yard/car parking area to the rear.

Area

The property has the following approximate net internal floor areas:


34 Channel Street:

Ground: 210sqm (2,260sq ft)

46 Channel Street

Ground: 768.26sqm (8,270sq ft)
1st: 355.51sqm (3,827sq ft)
2nd: 285.21sqm (3,070sq ft)

Total: 1,619sqm (17,427sq ft)

Rent

The property is available on a new full repairing and insuring head lease for a negotiable for offers over £37,000per annum

Sale

Our client would dispose of their freehold interest, price on request.

V.A.T

Figures quoted are exclusive of V.A.T

Title

Available on request

Viewing

By appointment

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.

LOCATION

Location: St. Margaret of Scotland Hospice, 34 Channel Street, Galashiels, Scottish Borders, TD1 1BA
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