TOWN CENTRE OFFICE, 35/1 MARKET STREET, GALASHIELS, TD1 3AF
35/1 MARKET STREET, GALASHIELS, TD1 3AF
Guide Rent £3,000 per year
|Price||£3,000 per year|
35 Market Street is situated in a good town centre position.
Galashiels is generally considered to act as the core office, retail and social centre serving the Scottish Borders, effectively serving a population in the region of 110,000.
The town has recently benefited from significant investment within its infrastructure including works to form the Galashiels inner relief road and recent retail developments refocusing the footfall and passing traffic to this end of town. Further infrastructure improvements are ongoing with the proposed reinstatement of a railway link between the Central Borders and Edinburgh along the route of the former Waverley rail line is due to be operational in September this year.
The town also has a significant student population with campuses of Borders College and Heriot Watt University.
35 Market Street comprises first floor office accommodation with a ground floor entrance from Market Street.
The accommodation is currently split into three separate offices accessed off a communal hallway.
Ground Floor: Entrance door from Market Street with stairs leading to communal landing area.
Suite 1: General office, lobby to ancillary area with two WC’s each with low flush units, wash hand basins and kitchen fitted with base units and worktop over incorporating single drainer stainless steel sink.
Net Internal Floor Area 55 sq m (592 sq ft)
Mains electricity, drainage and water
According to the Scottish Assessor’s Association Website this unit is assessed to a Rateable Value of £4,200 per annum effective from 01-Apr-2017.
The Small Business Bonus Scheme provides rates relief to help small businesses in Scotland. Where a business’s combined (all business premises in Scotland) rateable value is
£15,000 or less up to 100% relief is available subject to eligibility (Current 2018/19). Further details are available from the Business Rates Team of Scottish Borders Council.
Available by way of a new lease on FRI terms.
In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, registration dues and VAT thereon.
On the 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, Galashiels TD1 1DP
Tel. 01896 751300
Fax. 01896 758883
E-mail: [email protected]