Edwin Thompson Estate Agent in TD1 1DP
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Commercial Property For Rent in High Street, Galashiels, Scottish Borders

Guide price £350
Commercial Property
Listed 101 days ago Available
Property description: Key features:
  • - Redecorated and new flooring throughout.
  • - Perimeter trunking.
  • - Electric convector heating.
  • - Double glazed UPVC windows.
  • - LG3 lighting.
  • - Refitted WC and kitchenette.

    • Main Description
      Town Centre Office Retail Premises
      94 High Street, Galashiels, Selkirkshire, Scottish Borders. TD1 1SQ
      High Street Office Retail Premises
      Excellent decorative order throughout
      Class 2 (Financial, Professional or Other Services)
      Class 1 (Retail)
      Town Centre Position
      Good Window Frontage
      Net Internal Area 28.56 sq m (307 sq ft)
      Rental offers over £400 pcm are invited Ref. GE1039

      This Opportunity is positioned near the £6.7 million Great Tapestry of Scotland development which is anticipated to generate an additional 50,000 visitors each year. It is scheduled for completion later this year.

      General Information
      94 High Street is situated 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 Retail Schemes 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. 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 Edinburgh at 05.45, last at 23.55.
      The town features a wide range of high street and out of town retailing, restaurants, cafés and local amenities. There is a significant student population as home to the Heriot Watt University School of Textiles and Design as well as having a campus of Borders College and close training links between Borders General Hospital and a number of Edinburgh Universities.

      Front Shop Office, Kitchenette, Store room, WC.
      The accommodation has been refurbished in recent years with works including:
      - Redecorated and new flooring throughout.
      - Perimeter trunking.
      - Electric convector heating.
      - Double glazed UPVC windows.
      - LG3 lighting.
      - Refitted WC and kitchenette.

      Gross Internal Area: 28.56 sq m (307 sq ft)

      Established Class 2 use supports a wide range of Financial, Professional and Other services, which may include Solicitors, Accountants, Estate Agents, Beauticians, Nail Bar or a range of Beauty Treatments or Therapy Suites such as Physiotherapy, Chiropractor Care, Osteopathy, chiropodist, Dentist etc.
      The Town and Country Planning General Permitted Development (Scotland) Order 1992, permits change of use from Class 2 to Class 1 - General Retail Shop uses.

      Rateable Value
      £3,250 effective from 01-Apr-2017.
      Small Business Rates Relief Scheme (SBRR) currently provides up to 100% rates relief (2020 2021) for Businesses with a combined Rateable Value of up to £15,000 for all their business premises within Scotland (subject to application and eligibility).

      Energy Performance Certificate
      To be confirmed

      Mains water and drainage.
      Mains electricity. Electric Heating

      Lease Terms
      Available by way of a Full Repairing and Insuring lease. Terms by negotiation.

      Value Added Tax
      Any prices are exclusive of VAT. The property is not understood to be elected to VAT, meaning that VAT will not be payable on the purchase price.
      However, any intending tenants must satisfy themselves independently as to the instances of VAT in respect of any transaction.

      Satellite Navigation
      For those with the use of Satellite Navigation the postcode for this property is TD1 1SQ

      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 incurred thereon, where applicable.

      Strictly by appointment with the sole agents:
      Edwin Thompson LLP, Chartered Surveyors
      76 Overhaugh Street
      TD1 1DP
      Tel: 01896 751300
      Fax: 01896 758883
      Email: s.sanderson@edwin-thompson.co.uk

      Property Ref:96_2523_4941618
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This property is located in Galashiels