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£175,000

Gala Park, Galashiels, TD1

  • 0 beds
Other

£175,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£799 per month

Minimum deposit amount:

£8,750
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Offices with Potential Residential Conversion

− Office with Conversion Opportunity

− Flexible Accommodation

− Net Internal Area 296 sq m (3,185 sq ft)

− Good Transport Links

DESCRIPTION

Moat House is a prominent semi-detached 19th Century building situated to the south of Gala Park. The building is of traditional construction with whinstone elevations under a pitched roof clad in slate with bay windows to the ground and first floor of the front elevation and dormer window projections to the front and rear of the attic level.

There is a two-storey extension (14B Gala Park) to the rear which is understood to have been constructed around 1990. This is of conventional cavity construction externally rendered with a dry dash finish under a collared rafter pitched roof clad in interlocking concrete tiles incorporating Velux rooflights to the west pitch and photovoltaic solar panels fitted to the east roof slope. The roof is finished with PVC verge units. The soffits and fascias are of timber specification with a stained finish.

Windows to the extension comprise timber framed double glazed sealed units. The original building retains single glazed timber framed sash windows.

ACCOMMODATION

The accommodation currently comprises:

Ground Floor:

Entrance vestibule; spacious hall with waiting area and stairs to upper levels; door to connecting passage to rear extension; boardroom, reception office, general office/admin office with through access to kitchen with two walk-in cupboards off; further meeting room, WC; disabled WC. Rear offices configured to provide three inter-connected office areas, one currently occupied as a file store/admin area.

First Floor Main Building:

Landing, five offices and stairs to second floor level.

First Floor Extension:

Separate staircase off rear wall to large general office with walk-in store.

Second Floor Main Building:

Four offices, store room and WC. The second floor is partially within the roof void with coombed ceilings and dormer windows to the principal rooms.

The property is set back from the public pavement with central footpath and low-level wall around the front garden areas. The footpath to the west of the main building leads to the grounds to the rear which are landscaped with area of lawn set at a higher-level sloping down to the rear door of the extension. There are areas of mature shrubs to the borders with a flagged path to the west and south providing disabled/wheelchair access.

LOCATION

The subjects are located at Gala Park just west of the town centre. It is a mixed use area largely residential with non-domestic occupiers nearby including Scottish Borders Council Offices, Masonic Hall, Hayward Scout Centre, The Volunteer Hall, ‘Sew for You’, Amber Hair Design, Poppy Rue Hair and Border Vets.

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. Galashiels and District has a population of approximately 14,970 according to the 2021 Census, a slight increase of that recorded at the 2011 Census (14,590).

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 new supermarkets to the east of the town centre and significant transport infrastructure works including the Galashiels Inner Relief Road.

AREAS

The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate areas:

Total - 295.98 sq m / 3,185 sq ft

E & oe measurements of the main building taken with a laser measure.

RATEABLE VALUE

The subjects are currently assessed to a Rateable Value of £15,500 for Moat House and £6,000 for 14B Gala Park, effective from 01-April-2023.

Small Business Rates Relief Scheme (SBRR) currently provides up to 100% rates relief for units with a Rateable Value of £12,000 or less based on the combined total of all the occupiers business premises within Scotland (subject to application and eligibility). This relief is reviewed annually in accordance with the budget.

TENURE

Presumed Absolute Ownership following the Abolition of Feudal Tenure (Scotland) Act 2000.

SERVICES

Mains, electricity, water and drainage

EPC

Pending

VIEWING

By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

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. 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 5AF

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