• To Let - Versatile office/shop premises.
•Prominent corner site within town centre.
• Strong visibility and passing footfall.
•NIA 24.45 sq m (263 sq ft)
Location
Location
Prominent corner position with frontage to Overhaugh Street and High Street within Galashiels town centre.
Galashiels is one of the principal towns within the Scottish Borders, recognised as the region’s administrative, retail and social centre effectively serving a population in excess of 110,000.
Within the town there are campuses of Heriot Watt University and Borders College at Netherdale as well as a campus of Napier University at the Borders General Hospital nearby and as such there is a significant student population.
The town centre improvement programme is currently underway and advance works have also commenced on the reinstatement of the Waverley Rail Link to Edinburgh.
Accommodation
Description
A regular shaped unit with an excellent corner position providing frontage to Overhaugh Street and High Street.
Versatile accommodation ideally suited to a range of office or retail uses.
Areas
The subjects have been measured in accordance with the RICS Code of Measuring Practice to a net internal floor area of 24.45 sq m (263 sq ft).
Terms
Rateable Value
The rateable value has been assessed to £4,150 effective from 01-April-10.
Under the Small Business Bonus Scheme the subjects may be eligible for 100% exemption from rates in the current financial year. Where a business’s combined (all business premises in Scotland) rateable value is £10,000 or less 100% relief (i.e. no rates payable) may be available.
Lease Terms
Available by way of a new full repairing and insuring lease. Lease terms by negotiation. Flexible licence facilitating early entry may be available, subject to status.
Rental
Guide rent £4,800 per annum.
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction. In the normal manner, the in-going tenant will be liable for any stamp duty land tax (where applicable), registration dues and VAT thereon.
VAT
All figures quoted are exclusive of VAT.
Viewing
Strictly by appointment with the sole agents
Edwin Thompson LLP, Chartered Surveyors
Tel: 01896 751300
Fax: 01896 758883
Email: s.sanderson@edwin-thompson.co.uk