Bank Street, Galashiels, TD1

BRIEF RESUME

- Recently refurbished First Floor Office Premises

- Good Transport Links

- NIA 39.81 (428 sq ft) or thereby

DESCRIPTION

A mid-nineteenth century terraced property providing accommodation over two principal storeys.

9 Bank Street is a first floor office premises with separate access off Bank Street.

The subjects are of traditional construction with rendered external finish under a pitched roof clad in slate. The ground floor front elevation is finished with a traditional retail façade. To the rear there is a small single storey extension which is presumed to be of cavity construction again with a rendered finish under a mono-pitch roof finished in slate.

The accommodation has been refurbished within relatively recent times. As part of these works, plasterboard lining has been provided to the walls and ceilings. Floors are of suspended timber construction. Windows comprise replacement UPVC double glazed units to the front elevation. Timer framed single glazed windows are retained to the rear.

Internally, much of the accommodation has been lined out with plasterboard and plasterboard ceiling.

LOCATION

The subjects are situated towards the western end of Bank Street. This section of Bank Street is characterised by retail, office and food uses at ground level with a combination of offices and residential accommodation to upper floor levels.

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: 39.81 sq m / 428 sq ft

Gross Internal Area: 55.19 / 594 sq ft

E & oe Measurements taken using a laser measurement.

Energy Performance Certificate

The subjects are assessed to a EPC Rating of C39.

Rateable Value

The subjects are currently assessed to a Rateable Value of £2,800 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 4 (Business) of The Town and Country Planning (use classes) (Scotland) Order 1997. Subject to obtaining the necessary consents, the site may offer scope for conversion to houses or re-development. Change of use may attract developer contributions.

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