Channel Street, Galashiels, TD1

BRIEF RESUME

- Ground Floor Retail Unit

- Good Transport Links

- NIA 128.17 sq m (1,379 sq ft) or thereby

DESCRIPTION

A ground floor retail unit with prominent window frontage and off-set entrance door.

The building is of traditional construction with coursed stone to the front elevation with protruding string course to eaves level under mansard roof with slate finish to roof slopes.

The front shop has a modern fitout with slatwall panelling to the front shop and suspended ceilings with recessed LG 3/ LG 7 lighting. It provides highly flexible accommodation.

ACCOMMODATION

A deceptively deep unit configured to provide front shop, rear shop/ storage with base unit incorporating stainless steel sink unit to the southeast corner and WC. Rear delivery access to Overhaugh Street.

LOCATION

64 Channel Street is situated in a prominent position within the principal retail area serving Galashiels Town Centre.

National retailers in close vicinity of the subjects include EE , Vodafone, WH Smith as well as Nationwide Bank and Bank of Scotland.

Galashiels and District has a population of approximately 14,970 according to the 2021 Mid-Year Population estimates compiled by National Records of Scotland a small increase in relation to the population recorded at the 2011 Census (14,590).

Situated within the Central Scottish Borders, Galashiels is one of the largest Towns in the region. It is generally considered to be the principal administrative, social and retail centre effectively serving a population of in excess of 116,020.

There is a significant student population within the town with campuses of Heriot Watt University and Borders College approximately 1 mile to the east at Netherdale. Borders General Hospital also has close training ties with eh Edinburgh Universities.

In 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, and the Borders Railway link re-establishing passenger services between Edinburgh Waverley and the Central Borders. The journey time from Galashiels to Edinburgh city centre by train is approximately 55 minutes with departures every 30 minutes. On weekdays, the first train departs from Edinburgh at 05.45 with the last at 23.55.

AREAS

The property has been measured in accordance with the RICS Code of Measuring Practice to provide the following approximate areas:

Net Internal Area: 128.17 sq m / 1,379 sq ft

In Terms of Zone A: 79.34 sq m / 854 sq ft

E & oe Measurements taken using a laser measurement.

Energy Performance Certificate

TBC

Rateable Value

The subjects are currently assessed to a Rateable Value of £9,700 effective from 01-April-2023

Rateable value information has been obtained from the Scottish Assessors Association website. Whilst believed to be correct, this information has not been independently verified.

Services

All mains services are connected.

Tenure

Presumed Absolute Ownership following the Abolition of Feudal Tenure etc (Scotland) Act 2000. This should be confirmed by your solicitor.

Value Added Tax

Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.

Planning

Established use will be Class 1A of The Town and Country Planning (use classes) (Scotland) Order 1997.

Viewing

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]

IMPORTANT NOTICE

Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:

1. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.

2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers

should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.

3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.

4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.

5. These particulars were prepared in March 2023Edwin Thompson is the generic trading name for Edwin

Thompson Property Services Limited, a Limited Company registered in England and Wales (no.07428207)

Registered office:28 St John’s Street, Keswick, Cumbria, CA12 5AF