Commercial unit

Spacious commercial retail unit, enjoying prime trading location in Galashiels town centre. Extending to approximately 123 sq. metres (1323 sq. ft) in an L-shaped footprint, this former bookmakers unit offers an exciting opportunity for an owner/operator business or addition to an existing commercial portfolio. There is also a basement area, accessed by a wooden stair in the front retail space. A full programme of refurbishment works is required, and the unit is currently unsafe for access with only external viewings available. The published rateable value of £9600 means that rates relief may be available through the Small Business Bonus Scheme dependent on purchaser’s circumstances. The competitive Guide Price is sure to attract strong levels of interest, and early expression of interest is essential. Unsafe properties Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Tenure

Freehold

Area

Island Street enjoys convenient central location close to the town centre of the popular Borders town of Galashiels. The town offers a wide range of retail and leisure options, as well as both primary and secondary schools. Public transport is readily available with regular bus services, and the Borders railway providing services to and from Edinburgh Waverley.

Local Authority

Scottish Borders Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.