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Offers over
£85,000
Light industrial for sale
Channel Street, Galashiels TD1Local area information
Property location
Nearby amenities
- Galashiels 0.1 miles
- Burgh Primary School 0.2 miles
- St Margaret's RC Primary School (Galashiels) 0.3 miles
- Tweedbank 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Office/Shop/Treatment Studio
- Ground Floor Premises
- Prominent Window Frontage
- Service/Delivery Access to rear
- NIA 76.42 sq m (822 sq ft)
Office/Shop/Treatment Studio
An extremely well positioned opportunity within Galashiels town centre. Available with Vacant Possession.
Brief resume
Ground Floor Retail Premises
Prominent Window Frontage
Service/Delivery Access to Rear
NIA 76.42 sq m (822 sq ft)
Description
The premises comprise a prominent retail unit occupying the ground floor of a two storey building. The unit is situated adjacent to to the towns main taxi rank.
Areas
The premises have been measured to a Net Internal Area of 76.42 sq m (822 sq ft).
Planning
Established Use would have been Class 2 (Financial, Professional or Other Services). Following introduction of Class 1A this will support retail, financial or service uses.
Location
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.
Rateable value
The current Rateable Value effective from 01-April-2023 is £8,200
Small Business Rates Relief Scheme currently provides up to 100% rates relief for units with a Rateable Value of £12,000 or less based on a combined total of all the occupiers business premises within Scotland (subject to application and eligibility). This relief is reviewed annually in accordance with the Budget.
Services Mains electricity, water and drainage are connected.
EPC B19
Legal costs
Each party will be responsible for their own legal costs incurred in connection with this transaction.
Value added tax
Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.
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. Edwin 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
An extremely well positioned opportunity within Galashiels town centre. Available with Vacant Possession.
Brief resume
Ground Floor Retail Premises
Prominent Window Frontage
Service/Delivery Access to Rear
NIA 76.42 sq m (822 sq ft)
Description
The premises comprise a prominent retail unit occupying the ground floor of a two storey building. The unit is situated adjacent to to the towns main taxi rank.
Areas
The premises have been measured to a Net Internal Area of 76.42 sq m (822 sq ft).
Planning
Established Use would have been Class 2 (Financial, Professional or Other Services). Following introduction of Class 1A this will support retail, financial or service uses.
Location
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.
Rateable value
The current Rateable Value effective from 01-April-2023 is £8,200
Small Business Rates Relief Scheme currently provides up to 100% rates relief for units with a Rateable Value of £12,000 or less based on a combined total of all the occupiers business premises within Scotland (subject to application and eligibility). This relief is reviewed annually in accordance with the Budget.
Services Mains electricity, water and drainage are connected.
EPC B19
Legal costs
Each party will be responsible for their own legal costs incurred in connection with this transaction.
Value added tax
Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.
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. Edwin 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
More information
Listed by
Edwin Thompson
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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.