INVESTMENT OPPORTUNITY

17 - 21 High Street, Galashiels, Scottish Borders. TD1 1RY

P.O.A


Quick Summary

Price P.O.A
City Galashiels
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

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Contact

Galashiels Office
01896 751 300

General Information
17-21 High Street is situated in a prominent position fronting on to the High Street within Galashiels town centre.

Galashiels with a population of approximately 14,000 is on of the principal towns in the Scottish Borders. It is generally considered to be the main administrative, retail and social centre for the region, effectively serving a population of 110,000. In recent years Galshiels has been subject to considerable investment.

Developments have included the Galashiels inner relief road and the Borders Railway link. Which has re-established passenger services between Edinburgh Waverly and the central Borders. The journey time from Galashiels to Edinburgh city centre is approximately 55 minutes, with departures every 30 minutes.

The town features a wide range of High street and out of town retailing, restaurants, cafes and local amenities.  There is also 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.

This Opportunity is well positioned – directly opposite the £6.7 million Great Tapestry of Scotland Development which is anticipated to generate an additional 50,000 visitors each year.

A two storey plus attic level symmetrical end terrace building providing an attractive investment portfolio comprising two ground floor retail units, together with a one bedroom flat and a two bedroom maisonette on the upper levels.

17 – 21 is of traditional stone construction under a pitched roof clad in slate incorporating dormer window projections to the front elevation. The ground floor units each have a traditional shop frontages to the High Street.

17 High Street
Well appointed self-contained ground floor retail unit which has been extended to the rear. Modernised and fitted out for current use as a beauty salon with reception (front shop), rear shop, office, WC and kitchen. Courtyard to the rear.

21 High Street
Fitted out as butchers. Front shop, rear shop/preparation area, wash room, rear courtyard.

A hard wood entrance door to the centre of the building provides communal access, hall and stairs to the residential properties. Both properties have recently been fully refurbished and are presented in good condition.

19 High Street
A first and attic level maisonette providing entrance hall, kitchen, living room, bathroom, landing, box room and two bedrooms.

19a High Street
A first floor flat with entrance hall, living room, bedroom, kitchen and shower room.

An attractive investment portfolio

Income of £20,609 per annum

Shop 1: Occupied as Butchers

Shop 2: Occupied as Tanning Salon

Flat 1: Modernised One Bedroom Flat

Flat 2: Two Bedroom Maisonette

 

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