Commercial property for sale in Channel Street, Galashiels, Scottish Borders TD1, £110,000

110,000.00

Offer Nr.:
64270096
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
IME DJK Group Commercial
Phone(s):
0131 268 8868

* 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 £110, 000
_rateable value_
According to the Scottish Assessor’s website () 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.
Council tax band: X, Tenure: Freehold

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