Property for sale

BRIEF RESUME

Shop, Office, Conversion Opportunity

Net Internal Area 34.14 sq m (367 sq ft)

Good Transport Links

DESCRIPTION

A ground floor unit within a two storey building believed to date to the 1960s. The wider building provides two ground floor units with residential flat above.

It is of render faced cavity construction under a pitched roof clad in interlocking concrete tiles. To the front there is a single storey flat roofed protrusion with timber framed display window and a canopy over the recessed entrance door.

ACCOMMODATION

The accommodation comprises:

Front shop with modern fitout with dispensary and shelving units and service counter, consultation room; rear shop/ store room again with modern fitout of shelving, WC.

LOCATION

The property forms one of three retail units within Langlee a suburb of Local Authority and ex-Local Authority housing to the north-east outskirts of Galashiels.

Galashiels is generally considered to be the principal administrative, retail and social centre for the region effectively serving a population of in excess of 115,000. Galashiels and District has a population of approximately 14,970 according to the 2021 Census, a slight increase of that recorded at the 2011 Census (14,590).

There is a significant student population within 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 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.

The Borders Railway link re-establishing passenger services between Edinburgh Waverley and the central Borders has also been completed.

The journey time from Galashiels to Edinburgh City Centre by train is approximately fifty-five minutes with departures every thirty minutes or so. On weekdays the first train departs from Galashiels at 05:24 and the last train at 23:32.

PLANNING

Established use will be Class 1 (Retail) of the Town and Country Planning (Use Classes) (Scotland) Order 1997. Class 2 (offices) is understood to have been combined within Class 1 use.

The premises would appear well suited to a range of commercial uses such as general retail, office, beauticians, hair salon, treatment rooms, hot food takeaway or potentially conversion to residential use, subject to obtaining all necessary statutory consents.

AREAS

The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate areas:

Net Internal Area: 34.14sq m / 367 sq ft

RATEABLE VALUE

The subjects are currently assessed to a Rateable Value of £3,200 effective from 01-April-2023.

Small Business Rates Relief Scheme (SBRR) currently provides up to 100% rates relief for units with a Rateable Value of £12,000 or less based on the combined total of all the occupiers business premises within England and Wales (subject to application and eligibility). This relief is reviewed annually in accordance with the budget.

TENURE

Presumed Absolute Ownership following the Abolition of Feudal Tenure (Scotland) Act 2000.

SERVICES

Mains, electricity, water and drainage

EPC

Pending

VIEWING

By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

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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. Edwin 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