Brought to the market is 54-56 Channel Street; a substantial, ground and first floor commercial unit that totals approximately 337m2. Suitable for a variety of business ventures, the space comprises of a large street-facing show room, office / kitchen and hallway on the ground floor as well as a stock room, small store room, WC and boiler cupboard on the first floor. Located in the optimal location within Galashiels, Channel Street benefits from heavy footfall and traffic on a daily basis providing the perfect opportunity and exposure for a new or existing business to flourish. Viewings come highly recommended in order to fully appreciate the scale of the premises
Lease Type: FRI Lease
A full repairing and insuring lease, known as an FRI lease, is a commercial lease which gives the tenant sole responsibility for the maintenance, repair, and insurance of the property for the duration of their tenancy contract.
£12,000 per annum. A deposit of one month's rent (£1,000) will be required at signing of the lease. The first month's rent must also be paid at this time, after which a standing order must be set up for the remaining term. The deposit is returnable once a satisfactory property check has been conducted and evidence provided that all accounts have been settled. Should there be any damages etc. an appropriate claim will be submitted to the relevant deposit scheme. A lease agreement cannot be entered into without satisfactory references having been received. Please note that VAT is payable on this rental.
Letting Agent Reference Number: LARN1904072
Strictly by appointment with the Letting Agent. To arrange an appointment to view please contact Cullen Kilshaw Letting Department on 01896 800777.