Unit 1, 25 Market Street, Galashiels, Scottish Borders, TD1 3AF

25 Market Street, Galashiels, TD1 3AF

Rental Offers Over  £15,000 per year


Quick Summary

Price £15,000 per year
City
Status New
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

Contact

Galashiels Office
01895 751300

TO LET – RETAIL UNIT

Town centre premises with extensive window frontage onto Market Street and Green Street, the main link between the town centre, Tesco Extra and Gala Water Retail Park offering scope for a range of uses including café, shops or offices, subject to planning. Galashiels benefits from a significant student population with campuses of Heriot Watt University and Borders College.

• GIA 130 sq m (1,400 sq ft)
• Prime town centre trading position
• High level of passing trade

Rental Offers over £15,000 per annum

Location
Galashiels is a popular market town approximately 33 miles south of Edinburgh and is considered the primary town within the Scottish Borders.

Galashiels is widely regarded as the principal administrative and retail centre serving the Scottish Borders effectively serving a population of in excess of 110,000 (according to the 2001 Census). The town benefits from a significant student population with the campuses of Heriot Watt University and Borders College within the town.

Within 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 and significant transport infrastructure works including the Galashiels inner relief road the Borders Railway link re-establishing passenger services between Edinburgh Waverley and the Central Borders. The journey time from Galashiels to Edinburgh city centre is approximately 55 minutes, with departures every 30 minutes. On weekdays the first train departs from Edinburgh at 0545, the last at 2355.

Description
The subject premises occupy a prominent position within the town centre on the corner of Market Street, a main thoroughfare in the town and Green Street. It is adjacent to the Galashiels Tesco Extra and on the main pedestrian link between Channel Street and the new Gala Water Retail Park with retailers including M&S Simply Food, Next and Clarks.

Area
Unit 1: 130 sq m (1,400 sq ft)

Lease Terms
The units are available to let by way of full repairing and insuring leases on flexible terms. Rental on application

Rates
The property is currently assessed to a Rateable Value of £21,800  effective from 01 April 2017.
Legal Costs
Each party will bear their own legal costs incurred in the transaction with the ingoing tenant being responsible for any stamp duty, registration dues and VAT incurred thereon.

VAT
All prices, rents and premiums quoted are exclusive of VAT at the prevailing rate.

Viewing
All arrangements to view the premises are strictly by prior arrangement through Edwin Thompson LLP

Contact: Simon Sanderson
Tel: 01896 751300
Email: [email protected]

TO LET – RETAIL UNIT

Town centre premises with extensive window frontage onto Market Street and Green Street, the main link between the town centre, Tesco Extra and Gala Water Retail Park offering scope for a range of uses including café, shops or offices, subject to planning. Galashiels benefits from a significant student population with campuses of Heriot Watt University and Borders College.

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