£80,000

Light industrial for sale

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£80,000

Light industrial for sale

High Street, Galashiels TD1

Local area information

Property location

Nearby amenities

  • Burgh Primary School 0.1 miles
  • St Margaret's RC Primary School (Galashiels) 0.2 miles
  • Galashiels 0.2 miles
  • Tweedbank 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Prominent window display
  • Close to the Great Tapestry Building
  • Good Transport Links
  • NIA 127.64 sq m (1,373 sq ft)
Brief resume


- Deceptively Spacious Ground Floor Retail Unit

- Prominent Window Displays

- Good Transport Links

- NIA 127.64 sq m (1,373 sq ft) or thereby

- itza 72.49 sq m (780 sq ft)
Description


55 High Street is a deceptively spacious retail unit occupying the ground floor of a two-storey end-terraced building of traditional whinstone construction under a pitched slate roof, with a substantial cavity-built rear extension under a recently refurbished flat roof finished with a three-coat rubber membrane.

The frontage is finished with timber panelling framing prominent display windows to High Street, with a timber sign fascia above. The recessed entrance door offers scope to maximise display frontage, although this could be reconfigured to increase the usable floor area of the front shop if desired.

The property benefits from excellent visibility with strong levels of footfall and passing traffic along the A7 corridor.

Internally, the unit is finished with emulsion wall surfaces and a suspended ceiling with recessed lighting to the principal sales area. The rear section provides generous storage accommodation.
Accommodation


The accommodation comprises:

Front shop with direct access from High Street. Rear shop currently fitted with two changing booths. Two large store rooms, one incorporating a tea preparation area Rear lobby with WC off. Additional store with emergency exit and delivery access to the west.

A gated vennel to the west of the building provides convenient access along this side of the property.
Location


The subjects are situated on the High Street to the west of Galashiels town centre.

In 2022, Galashiels had a population base within a five-mile radius was 25,786, increasing to 39,535 within a ten mile radius. The Median age of the population within a five mile radius is 46.56 with an average household income of £29,030 per annum. (Source: Costar)

Situated within the Central Scottish Borders, Galashiels is one of the largest Towns in the region. It is generally considered to be the principal administrative, social and retail centre effectively serving a population of in excess of 116,020.

There is a significant student population within the town with campuses of Heriot Watt University and Borders College approximately 1 mile to the east at Netherdale. Borders General Hospital also has close training ties with eh Edinburgh Universities.

In recent years Galashiels has benefited from considerable public and private investment. Developments have included the Gala Water Retail Park, two new supermarkets to the east of the town centre and significant transport infrastructure works including the Galashiels Inner Relief Road, and the Borders Railway link re-establishing passenger services between Edinburgh Waverley and the Central Borders.

The journey time from Galashiels to Edinburgh city centre by train is approximately 55 minutes with departures every 30 minutes. On weekdays, the first train departs from Edinburgh at 05.45 with the last at 23.55.
Areas


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

NIA: 127.64 sq m / 1,373 sq ft

itza: 72.49 sq m / 780 sq ft

Energy Performance Certificate

C37.

Rateable Value

The subjects are currently assessed to a Rateable Value of £11,100 effective from 01-April-2023

Rateable value information has been obtained from the Scottish Assessors Association website. Whilst believed to be correct, this information has not been independently verified.

Services

Main electricity, water and drainage. Heating is currently limited to electric wall mounted extractor units. Gas Fired Central Heating has previously been installed. It is assumed that gas could be reconnected. The radiators remain in situ so could presumably be re-instated.

There is a modern c-Tec cfp Series Fire Alarm.

Please note that no service investigations were undertaken during the course of our inspection and the services have not been tested.

Tenure

Presumed Absolute Ownership following the Abolition of Feudal Tenure etc (Scotland) Act 2000. This should be confirmed by your solicitor.

Value Added Tax

Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.

Planning

Established use will be Class 1A of The Town and Country Planning (use classes) (Scotland) Order 1997.

Viewing

By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel. Fax. E-mail:
Important notice


Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:

1. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.

2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers

should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.

3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.

4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.

5. These particulars were prepared in March 2023Edwin Thompson is the generic trading name for Edwin

Thompson Property Services Limited, a Limited Company registered in England and Wales (no.07428207)

Registered office:28 St John’s Street, Keswick, Cumbria, CA12 5AF

Floor plans and tours

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Floor plan 1

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Property descriptions and related information displayed on this page are marketing materials provided by - Edwin Thompson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Edwin Thompson for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Scottish Borders
  4. Galashiels
  5. High Street