Shop Premises

6 High Street, Galashiels, Selkirkshire, Scottish Borders, TD1 1SD

Rental offers over£5,400 per year

Good trading position fronting on to the High Street within Galashiels town centre.

Galashiels has a population of approximately 14,000 and is generally considered to be one of the principal administrative, retail and social centres for the region, effectively serving a population in excess of 110,000.

The town also benefits from a significant student population with the campuses of Heriot Watt University and Borders College within the town.

Galashiels has been subject to considerable investment in recent years including a town centre improvement scheme and the final phase of the Galashiels Inner Relief Road. The reinstatement of the Waverley rail link between Edinburgh and the town is due to be operational in September.

A modern prominently positioned retail unit providing versatile accommodation.

The property comprises: Front shop with prominent window frontage and direct access to High Street, stud partition privacy wall to rear providing staff/office area and separate w.c. with low flush unit and wash hand basin.

The subjects have been measured in accordance with the RICS Code of Measuring Practice to a net internal floor area of 25.84 sq m (278 sq ft).

Rateable Value
The rateable value has been assessed to £5,200 effective from 01-Apr-2017

*Under the Small Business Rates Relief Scheme occupiers with a combined Rateable Value of £15,000 or less over all their non-domestic property in Scotland will be exempt from rates, subject to application and eligibility

Lease Terms
Available by way of a new full repairing and insuring lease. Lease terms by negotiation. Flexible licence facilitating early entry may be available, subject to status.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction. In the normal manner, the in-going tenant will be liable for any stamp duty land tax, registration dues and VAT thereon.

All figures quoted are exclusive of VAT. No VAT is payable on the rent.

Strictly by appointment with the sole agent
Edwin Thompson LLP, Chartered Surveyors
Tel: 01896 751300
Fax: 01896 758883

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    Contact Simon Sanderson at our Galashiels Office

    01896 751300

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    Quick Summary

    Price £5,400 per year
    Town/City Galashiels
    Status Now Let
    Size (Acres)