94 High Street, Galashiels. TD1 1SQ
This Opportunity is positioned near the £6.7 million Great Tapestry of Scotland Development which is anticipated to generate an additional 50,000 visitors each year. It is scheduled for completion later this year.
94 High Street is situated within Galashiels Town Centre.
Galashiels has a population of approximately 14,000 and is generally considered to be the main administrative, retail and social centre for the region, effectively serving a population of in excess of 115,000.
In recent years Galashiels has been subject to considerable investment. Developments have included Retail Schemes to the east of the town centre and significant transport infrastructure works.
These 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 fifty five minutes, with departures every thirty minutes. On weekdays, the first train departs from Edinburgh at 05.45, last at 23.55.
The town features a wide range of high street and out of town retailing, restaurants, cafés and local amenities. There is 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 and close training links between Borders General Hospital and a number of Edinburgh Universities.
Front Shop/ Office, Kitchenette, Store room, WC.
The accommodation has been refurbished in recent years with works including:
An area of around 12’6” x 7’6” is included to the rear of the property. It is understood that there had previously been consent to extend the accommodation but this was never implemented.
Gross Internal Area: 28.56 sq m (307 sq ft)
Established Class 2 use supports a wide range of Financial, Professional and Other services, which may include Solicitors, Accountants, Estate Agents, Beauticians, Nail Bar or a range of Beauty Treatments or Therapy Suites such as Physiotherapy, Chiropractor Care, Osteopathy, chiropodist, Dentist etc.
The Town and Country Planning General Permitted Development (Scotland) Order 1992, permits change of use from Class 2 to Class 1 – General Retail/ Shop uses.
£3,250 effective from 01-Apr-2017.
£3,250 effective from 01-April-2017
£3,250 effective from 01-Apr-2017.
Small Business Rates Relief Scheme (SBRR) currently provides up to 100% rates relief (2020/ 2021) for Businesses with a combined Rateable Value of up to £15,000 for all their business premises within Scotland (subject to application and eligibility).Energy Performance Certificate
Energy Performance Certificate
To be confirmed
Mains water and drainage.
Mains electricity. Electric Heating
On the conclusion of legal missives
Value Added Tax
Any prices are exclusive of VAT. The property is not understood to be elected to VAT, meaning that VAT will not be payable on the purchase price.
However, any intending purchasers must satisfy themselves independently as to
the instances of VAT in respect of any transaction.
For those with the use of Satellite Navigation the postcode for this property is TD1 1SQ
Each party will be responsible for their own legal costs incurred in connection with this transaction.
In the normal manner, the purchaser/ in-going tenant will be liable for any Land and Buildings Transaction Tax, registration dues and VAT incurred thereon, where applicable.
Strictly by appointment with the sole agents:
Edwin Thompson LLP, Chartered Surveyors
76 Overhaugh Street
Tel: 01896 751300
Fax: 01896 758883