27 Channel Street, Galashiels, Scottish Borders TD1 1BJ
Guide Rent £15,000 per year
Town Centre Retail Unit
Potential for café of office use, subject to planning
Net Internal Area 172.63 sq m (1,857sq ft)
Service access and parking to rear
Accommodation: Retail Area, office/ kitchen, two wcs and store room
Introductory Incentives Available in lieu of tenant fitout
27 Channel Street is situated in a prime trading position to the centre of Channel Street, the principal retail area serving Galashiels and the Scottish Borders.
Galashiels, with a population of approximately 14,000 is one of the main towns in the Scottish Borders and is generally considered to be one of the principal administrative, retail and social centres for the region, effectively serving a population of in excess of 110,000. The town also benefits from a significant student population with campuses of “ Heriot Watt University” and “Borders College” within the town.
In recent years Galashiels has been subject to 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.
27 Channel Street comprises a ground floor retail unit which has until recently been occupied by Semi-Chem. The unit has excellent window frontage to Channel Street. Internally, the unit comprises a large retail space, office/ kitchen, two wcs and a rear store. To the rear there is a service access and parking.
The unit benefits from a good window frontage onto Channel Street. Established use of Class 1 (Retail), but subject to planning it would also suit café or office uses.
|Description||Sq M||Sq Ft|
|Net Internal Area||172.63||1,858|
Mains electricity, water and drainage.
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 stamp duty, registration dues and VAT thereon.
Each party will be responsible for their own legal costs incurred in connection with this transaction.
On the conclusion of legal documentation of the lease
Unless otherwise stated the prices quoted are exclusive of VAT.
By appointment with the sole agents.
Edwin Thompson, Chartered Surveyors
|Price||£15,000 per year|