Property Information
Address:
69, Gala Park , Galashiels
, TD1 1EZ
Price: Sale Price: £115,000
Size: 191 to 192 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH686450
Property Ref/Agent: 69, Gala Park
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
The subjects are located at Gala Park just west of the town centre. 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.
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 supermarkets to the east of the town centre and significant transport infrastructure works including the Galashiels Inner Relief Road.
DESCRIPTION
Internally the property has been standing vacant for some time and would make a fantastic development opportunity for conversion to residential property, Class 2 (Financial, professional and other services) or Sui Generis. It occupies grounds extending to approximately 685 sqm (0.17 acre).
The building is of traditional construction with whinstone elevations and a pitched roof clad in slate. Windows predominantly comprise single glazed sash and case units. Rainwater goods comprise cast iron units.
Garden grounds are enclosed with the main garden area to the rear laid to patio and lawn with mature trees and bushes. There is an electric substation situated within the rear garden and has a right of access. Access to the rear garden is via a public car park.
AREAS
The property has been measured in accordance with the RICS Code of Measuring Practice to provide the following approximate areas:
Total: 191.75 Sq m
2,064 Sq Ft
E & oe Measurements taken using a laser measurement device.
#WHAT3WORDS///
Brick.Degree.Footpath
RATEABLE VALUE
The subjects are currently assessed to a Rateable Value of £11,900 effective from 01-April-2023.
Rateable value information has been obtained from the Scottish Assessors Association website. Whilst believed to be correct, this information has not been independently verified.
SERVICES
All mains services are connected. There are separate mains supplies to each unit.
TENURE
Presumed Absolute Ownership following the Abolition of Feudal Tenure etc (Scotland) Act 2000. This should be confirmed by your solicitor.
VALUE ADDED TAX
Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.
ENERGY PERFORMANCE CERTIFICATE
EPC pending
VIEWING
By appointment with the sole agents.
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP
Tel. 01896 751300
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. These particulars were prepared in March 2023
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 5A
;