Netherdale Industrial Estate, Galashiels
Guide Rent £25,235 per year
A modern clear span commercial unit to the centre of Netherdale Industrial Estate. Netherdale is situated on the eastern side of Galashiels and is one of the principal industrial areas serving the town.
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 centre for the region effectively serving a population of in excess of 110,000.
There is a significant student population within the town with campuses of Heriot Watt university and Borders College. Within recent years Galashiels has benefited 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 recently completed transport interchange is situated a short walk to the north west of the subjects. The journey time from Galashiels to Edinburgh City Centre by train is approximately 55 minutes, with departures every 30 minutes. On week days the first train departs from Edinburgh at 0545, the last at 2355.
Nearby occupiers include Howden Joinery, MKM Builders Merchants, Plumb Centre, Trifitness gym, Bookers, Cash and Carry, Scottish Borders Campus of Heriot Watt University, Anderson & Wilson, Lothian Brakeway, Dulux Paint Centre, a yard occupied by MEH Builders and joiners, GB Telecom and SPG Security.
The subject property comprises a substantial clear span steel framed commercial building with 7m eaves height clad in insulated composite box profile sheeting, understood to have been constructed in 2005 occupying a site of approximately 0.25 hectares (0.62 acres).
The property has a float finish concrete floor with box steel guttering and pvc downpipes.
The subjects include a tarmacadam car park of approximately 900 sq m and a lawned curtilage to the south and east of the building.
Main entrance from the car park to the north.
The unit benefits from a modern fitout for use as a Children’s Nursery with suspended ceiling throughout. The current configuration provides the following accommodation:
Main area, play area, sleep room, baby change room, office, children’s WCs fitted out with eight cubicles each with low flush units and eight wash hand basins, Day sleep room, disabled WC, Main Kitchen area fitted with freestanding stainless steel units including double sink and drainer and stainless steel splash back. Boiler room.
The unit is currently assessed as a whole to a Rateable Value of £21,600.
Available on flexible terms by way of a new Full Repairing and Insuring lease.
In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, registration dues and VAT thereon.
On conclusion of legal missives.
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.
Each party will be responsible for their own legal costs incurred in connection with this transaction.
By appointment with the sole agents:
Edwin Thompson, Chartered Surveyors:
76 Overhaugh Street
Tel: 01896 751300
Fax: 01896 758883