Description
Tenure: Freehold
6 Channel Street, Galashiels TD1 1BA
CLASS 2, FOR SALE
LOCATION
Galashiels is located in the Scottish borders approximately 28 miles west of Edinburgh. It has a resident population of approximately 13,000 people and it benefits from close proximity to the A7 and A68 which connects to Scotland and England.
The subject property is on Channel Street, the main shopping thoroughfare in town which has been somewhat pedestrianised to create a busy high street buzz. Situated close to the junctions of High Street and Market Street. There is available on street parking nearby.
Other nearby occupiers include a Bank of Scotland, Timpson’s, WH Smith and VPZ.
DESCRIPTION
The subjects comprise the ground floor of a stone built 3.5 storey building beneath a mansard roof. The ground floor unit forms a parade of commercial units.
Internally, the space is generally open plan and benefits from a suspended ceiling with low-glare light fittings and is generally in not too bad decorative order throughout. Previously occupied by a Ladbrokes betting office. The main area is a large L-shape open space with WC facilities to the rear left hand side.
The glazed frontage provides some natural light to the unit with good space for a sign above.
This unit would suit a variety of different uses and occupants.
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate internal areas:
Internal area: 127 sq m (1,367 sq ft)
SALE PRICE
Our client is seeking a purchase price of offers over £75,000
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £9,600. The uniform business rate for the current year is £0.49 pence in the pound.
Occupiers may be eligible for rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILITIES
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is Pending.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd.
EPC rating: Unknown. Council tax band: X, Tenure: Freehold,