£5,300 pa

Office to let

  1. Property photo 1 of 12.
  2. Property photo 2 of 12.
  3. Property photo 3 of 12.
Just added
Student friendly
Pets allowed

From

£5,300 pa

£442 pcm

Office to let

High Street, Galashiels TD1

Available immediately

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 2.1 miles

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

Features and description

  • Unfurnished
  • Student friendly
  • Prominent corner position
  • Excellent town centre position
  • Fully Refurbished Spacious Office/Retail Space
Brief resume


Fully Refurbished Spacious Office/Retail Space

Prominent Corner Position

Excellent Town Centre Location

Available as a whole or as two separate units

gia as a whole 123.95 sq m (1,334 sq ft)
Description


A prominent corner terraced tenement at the junction of High Street with Bank Street and Channel Street. The building provides accommodation over three principal floor level plus attic level. The subjects comprise two ground floor retail units fronting onto High Street.

The building is of traditional construction with an attractive red sandstone finish to the front elevation. The building curves on the corner of High Street. It has pitched roofs clad in slate. Rainwater goods are of cast iron specification. There are sandstone chimney stacks to each party wall. The west stack has a rendered external finish.

The ground floor has a traditional frontage comprising timber facia, large timber-framed casement display windows to High Street. There are three door openings off High Street, two sets of double timber panelled doors leading to the ground floor premises and the third providing access to the stairwell to the accommodation above.

The ground floor offices/retail units are in the process of full renovation available as a whole or can be sub-division to provide two smaller units.
Location


9 – 11 High Street is located in a strong trading position to the eastern end of the High Street, within Galashiels Town Centre. It is situated directly opposite the Great Tapestry of Scotland Building.

Galashiels is situated within the Central Scottish Borders. Galashiels is generally considered to be the principal administrative, retail and social centre for the region effectively serving a population of in excess of 115,000. Galashiels and District has a population of approximately 14,970 according to the 2021 Census, a slight increase of that recorded at the 2011 Census (14,590). In 2022, the 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)

There is a significant student population within the town with campuses of Heriot Watt University and Borders College. Borders General Hospital also has close training ties with a number of the Edinburgh universities.

In recent years Galashiels has benefitted from considerable public and private investment. Developments have included the Gala Water Retail Park, two new supermarkets to the east of the town centre, significant transport infrastructure works including the Galashiels Inner-Relief Road. In addition, the Borders Railway Link was completed in 2015 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 with the last at 23:55.
Accommodation


The subjects are currently configured to provide:

Ground Floor East:

Main retail area, office, store, WC.

Ground Floor West:

Main retail area, office/ store, WC.
Services


Mains electricity, water and drainage are connected.
Areas


The subjects have been measured in accordance with the RICS Code of Measuring Practice as follows:

Ground Floor East: Gross Internal Area 78.24 sq m (842 sq ft); In Terms of Zone A 64.07sq m (690 sq ft)

Ground Floor West: Gross Internal Area 45.71 sq m (492 sq ft); In Terms of Zone A 40.13 sq m (432 sq ft)
Rateable value/council tax


The unit (s) will be reassessed upon completion with separate rates for each or as a whole

Small Business Rates Relief Scheme (sbrr) currently provides up to 100% rates relief for units with a Rateable Value of £12,000 or less based on the 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 but is current for this Financial Year. The Rateable Value for the subjects is currently well below this threshold.

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


Established Use is understood to be Class 1A of the Town and Country (Use Classes) Scotland Order 1997 (as amended) which incorporates former Class 1 (Retail), Class 2 (Financial, Professional and Other Services). Class 1A also has permitted development rights for change of use to Class 3 (Hot Food) and Class 4 (Business).
Legal costs


Each party will be responsible for their own legal costs incurred in connection with this transaction.
Value added tax


Unless otherwise stated the prices quoted are exclusive of VAT. It is our understanding that the properties are elected to VAT. VAT will be payable on the agreed purchase price.

Any intending tenants must satisfy themselves independently as to the instances of VAT in respect of any transaction.
Lease terms


Each unit will be let on full repairing and insuring terms.
Tenure


Presumed Absolute Ownership following the Abolition of Feudal Tenure etc (Scotland) Act 2000.
Energy performance certificate

tbc

guide rent


East Unit: £8,300 per annum (£691 pcm) Ex VAT

West Unit: £5,300 per annum (£441 pcm) Ex VAT

As a whole: £13,600 per annum (£1,133 pcm) Ex 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

Report this listing

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 to let
  3. Scottish Borders
  4. Galashiels
  5. High Street