High Street Office/ Retail Premises

94 High Street, Galashiels. TD1 1SQ

Offers Over£35,000

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.

General Information

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.

Accommodation

Front Shop/ Office, Kitchenette, Store room, WC.

The accommodation has been refurbished in recent years with works including:

  • Redecorated and carpeted throughout.
  • Perimeter trunking.
  • Electric convector heating.
  • Double glazed UPVC windows.
  • LG3 lighting.
  • Refitted WC and kitchenette.

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.

Areas

Gross Internal Area: 28.56 sq m (307 sq ft)

Planning

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.

Rateable Value

£3,250 effective from 01-Apr-2017.

Rateable Value

£3,250 effective from 01-April-2017

Rateable Value

£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

Services

Mains water and drainage.

Mains electricity. Electric Heating

Entry

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.

Satellite Navigation

For those with the use of Satellite Navigation the postcode for this property is TD1 1SQ

 

Legal Costs

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.

Viewings

Strictly by appointment with the sole agents:

Edwin Thompson LLP, Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel: 01896 751300

Fax: 01896 758883

Email: s.sanderson@edwin-thompson.co.uk

a.young@edwin-thompson.co.uk

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01896 751300

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Quick Summary

Price £35,000
Town/City Galashiels
Size (Acres)