197 Gala Park, Galashiels, Selkirkshire, Scottish Borders, TD1 1HF
Offers over £39,000
Prominent display window to Gala Park
Next to a public car park
38.06 sq m (410 sq ft)
Ideally suited to continued deli/ sandwich shop
Previously used as convenience store.
May also suit hair salon, beauticians, office or treatment suite.
Potential for residential conversion
*Rates exempt – subject to application and eligibility
197 Gala Park is situated to the south east of Galashiels town centre. Whilst a predominantly residential area Gala Park is a busy thoroughfare.
Galashiels is one of the largest town in the Scottish Borders. It is considered to be the principal administrative, social and retail centre for the region, effectively serving a population in excess of 115,000. The settlement has a population of 15,123 according to the 2018 Mid-Year Population Estimate, an increase of around 5.3% over the population recorded at the 2001 Census.
There is a significant student population in the town with campuses of Heriot Watt University and Borders College. Borders General Hospital also has close training ties with a number of the Edinburgh universities.
Within recent years Galashiels has benefitted from considerable public and private investment. Developments have included significant transport infrastructure works including the Galashiels Inner Relief Road, the associated Galashiels Transport Interchange and current works on the Tapestry in Scotland building which is due to completed next year.
The Borders Railway link re-established passenger services between Edinburgh Waverley and the Central Borders in 2015. The journey time between Galashiels and Edinburgh city centre by train is approximately fifty-five minutes with departures normally every thirty minutes, or so. Prior to restrictions on weekdays the first train departed from Galashiels at around 05:24 and the last train at 23:32.
A ground floor retail unit with prominent display window to Gala Park in a well-established trading position next to a public car park.
The unit is of traditional construction, a combination of whinstone and ashlar stone finishes under a pitched roof clad in slate. It is end terraced with a residential flat above and residential accommodation to the east.
The unit is currently fitted out for use as a deli/sandwich shop – fittings and fixtures available by separate negotiation. The unit has previously traded as a convenience store and there is evidently sustained demand with a number of customers visiting during the short time that we were at the premises undertaking our inspection.
The accommodation is currently fitted out as regularly shaped front shop with double glazed UPVC framed display window and UPVC panelled entrance door with double glazed upper panel. The front shop links through to the store/preparation area fitted with dual drainer stainless steel sink unit complete with base units and worktop providing a useful preparation area. There is a lobby off leading to a separate WC with wash hand basin and low flush unit.
Gross Internal Area: 38.06 sq m (410 sq ft)
Net Internal Area: 36.37 sq m (391 sq ft)
E & oe measurements taken with a laser measure.
Mains electricity, water and drainage.
Toshiba Air Conditioning unit.
Energy Performance Certificate
The premises are assessed to a current Rateable Vale of £3,000
The Small Business Rates Relief Scheme provides rates relief to help small businesses in Scotland. For the 2020/ 2021 year up to 100% rates relief is available for business with a combined rateable value (of all business premises in Scotland) with a Rateable Value of £15,000 or less subject to application and eligibility. Further details are available from the Business Rates Team at Scottish Borders Council. Tel. 0845 3000341.
On the conclusion of legal missives.
Each party will be responsible for their own legal costs incurred in connection with this transaction.
In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax where applicable.
Value Added Tax
Any prices are exclusive of VAT. The property is not understood to be elected to VAT. 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 1HF
Fixtures and Fittings
Only items specifically mentioned in the particulars of sale are included in the price.
Strictly by appointment with the sole agents:
Edwin Thompson LLP, Chartered Surveyors
76 Overhaugh Street
Tel: 01896 751300
Fax: 01896 758883
Email: [email protected]
Well-established Retail Unit with prominent display window to Gala Park next to a public car park. 38.06 sq m (410 sq ft). Ideally suited to continued deli/ sandwich shop. Previously used as convenience store. May also suit hair salon, beauticians, office or treatment suite. Potential for residential conversion. *Rates exempt – subject to application and eligibility