58 Channel Street
Guide Rent £9,450 per year
Double fronted shop unit
+ 50,000 visitors pa anticipated to this area on completion of the Tapestry of Scotland
Facing Douglas Bridge
106.85 sq m (1,150 sq ft)
Delivery access from Overhaugh Street
Front Shop, rear shop, storage/ tea prep, WC
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.
Town centre premises with extensive window frontage onto Channel Street in a prime pitch facing onto Douglas Bridge, the main link between the town centre, and the Transport Interchange with 50,000 plus additional visitors projected to this part of town on opening of the Tapestry of Scotland Visitor Experience in 2021. Significant student population with campuses of Heriot Watt University and Borders College.
Deceptively spacious unit comprising front shop with extended display area, rear shop/office; store with kitchen area and wc. Delivery access from Overhaugh Street. Roller shutter door to front.
106.85 sq m (1,150 sq ft)
The units are available to let by way of full repairing and insuring leases on flexible terms. Rental on application
The property is currently assessed to a Rateable Value of £15,600 effective from 01 April 2017.
The Rateable Value would be below the £15,000 Rates Exemption with removal of the air conditioning.
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.
All prices, rents and premiums quoted are exclusive of VAT at the prevailing rate.
All arrangements to view the premises are strictly by prior arrangement through Edwin Thompson LLP
Contact: Simon Sanderson
Tel: 01896 751300
|Price||£9,450 per year|