RESTAURANT/ OFFICES/ RETAIL/ OTHER
95 High Street, Galashiels, Scottish Borders. TD1 1SZ
Guide Rent £9,000 per year
|Price||£9,000 per year|
Prominent High Street retail unit occupying a strong trading position with excellent footfall in a prime central position within the main retail area of Galashiels.
Galashiels with a population of approximately 14,000 is one of the largest towns in the Scottish Borders and is generally considered to be the principal, administrative, social and retail centres for the region, effectively serving a population of in excess of 110,000.
In recent years Galashiels has benefitted from considerable investment. Developments have included the Gala Water Retail Park, two new supermarkets to the east of the town centre and significant transport infrastructure works. The infrastructure works have included the Galashiels inner relief road and, the Borders Railway link which has re-established 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.
The town also benefits from a significant student population with the campuses of Heriot Watt University and Borders College within the town as well as a campus of Napier University at Borders General Hospital.
An extremely adaptable ground floor retail unit well suited to a multitude of uses most recently occupied as an American Diner.
The subjects have been measured in accordance with the RICS Code of Measuring Practice to an approximate area of 200 sq m.
The subjects are currently assessed to a Rateable Value of £19,100 effective from 01-Apr-17.
Under the Small Business Bonus Scheme, subject to eligibility and application, the subjects may be eligible for 50% rates relief in the current financial year. All enquiries in this regard should be made to the Business Rates Team at Scottish Borders Council.
Price on application
Unless otherwise stated the prices quoted are exclusive of VAT. Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction.
For further information or to arrange an appointment to view please contact the joint agents:
Edwin Thompson LLP
Contact: Simon Sanderson
Tel: 01896 751300
Fax: 01896 758883
Email: [email protected]
- Most recently occupied as an American diner with capacity of over 5o covers
- Benefits from split level seating area; main bar and well appointed kitchen
- Strong High Street trading position
- Excellent window frontage
- High levels of footfall and passing trade