The premises comprise a double retail unit arranged over ground and first floors of a single storey modern retail parade.
Internally the premises comprise open plan retail space at ground floor with further retail at first floor along with storage, WC facilities and staff/kitchen areas.
Location
Galashiels as a popular market town in the Scottish Borders with a population of approximately 14,000 and a wider catchment of over 100,000. The town is approximately 32 miles south of Edinburgh and is considered to be the primary town within the Scottish borders.
Douglas Bridge Shopping Centre occupies an excellent position just off Channel Street and is the main thoroughfare between the new Borders rail station and the town centre. The centre comprises 15 units totalling in excess of 44,000 sqft of retail space. Occupiers include Holland and Barrett, Argos, Specsavers, Vodafone, British Red Cross and Barnardos.
Accommodation
The premises extends to the following approximate areas:
Ground Floor: 3,206 sq ft / 297.84 sqm
First Floor: 2,815 sq ft / 261.52 sqm
Terms
Rent - Offers over £27,500 pa exclusive are invited.
Lease - The subjects are available on a new FRI lease.
Price - On application.
Rates:
Rateable Value: £26,000
UBR (2020/21): £0.498
Rates Payable: £12,948 pa
Planning - We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 1A consent and can therefore be used for retail use. Interested parties are advised to speak directly to the Local Planning Authority.
EPC - On application
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Prime Retail Unit - close to main car park
- Rent: £27,500 pa / Price: On application
- NIA: Ground: 3,206 sqft / First Floor 2,815 sq ft