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Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
**PRIME HIGH STREET INVESTMENT** Prominent High Street commercial unit set over 2 levels let to Vodafone Limited on FRI lease until September 2026 giving immediate rental income of £9,500P/A.
PRIME TRADING POSITION WITH HIGHLY VISIBLE FRONTAGE within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Subway, Greggs
**FULLY RENOVATED**FITTED OUT TO EXTREMELY HIGH CORPORATE SPECIFICATION. Large High Street Unit includes ground & first floors.
Ground Floor-104.50 sqm (1,125sq ft) First Floor 111.45sqm (1,200 sq.ft)
Part of the popular Douglas Bridge retail development within the town centre. The premises also benefit from nearby proximity to the town’s bus station, free parking and the new Borders Rail Station.
LET TO VODAFONE LTD- Vodafane is multinational corporation operating in 22 countries across Europe, Asia, Africa & Oceania. Vodafone recorded and operating income over £4 billion in 2020
**PRIME HIGH STREET INVESTMENT** Prominent High Street commercial unit set over 2 levels let to Vodafone Limited on Full Repairing and Insuring lease until September 2026 giving immediate rental income of £9,500 per annum. This is low rent with realistic potential rental of over £15,000 per annum.
PRIME TRADING POSITION WITH HIGHLY VISIBLE FRONTAGE within extremely popular town centre with high footfall in locale. National Retailers nearby include Nationwide, Holland and Barrett, Subway, Greggs, Tesco, Next and ASDA. Super commercial investment.
**FULLY RENOVATED** FITTED OUT TO EXTREMELY HIGH CORPORATE SPECIFICATION. Large High Street Unit includes ground and first floors.
Ground Floor-104.50 sqm (1,125 sq ft). First Floor 111.45 sqm (1,200 sq ft). **REAR LOADING**
Part of the popular Douglas Bridge retail development within the town centre. The premises also benefit from nearby proximity to the town’s bus station, free parking and the new Borders Rail Station. Extremely strong trading position in popular commercial spot.
LET TO VODAFONE LTD- GRADE A TENANTS. Vodafane is multinational corporation operating in 22 countries across Europe, Asia, Africa and Oceania. Vodafone recorded and operating income of over £4 billion in 2020. **100% SECURE TENANT**
100% PRIME LOCATION Galashiels is a popular market town in the borders with a population of approximately 14,000 people and a regional population of 106,000 people. The town is located approximately 32 miles south of Edinburgh and is considered the primary town within the Scottish Borders.
Full Address: 67-69 Channel Street, Vodafone Investment, Galashiels, Scottish Borders, TD1 1BN
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: Sept 2026
Rent: £9,500 per year / £792 per month
Yield: 9% (approx)
Tenant: Company
Notes: Tenant: Vodafone Limited
Expiry: 30th September 2026
Break: 3rd year providing not less than 6 months notice
Passing Rent: £9,500p.a.x. (Under Rented)
Rental Value: £15,000per annum
Document Downloads
Lease Documentation (Available)
Legal Pack (Available)
Pricing Information & Bidding
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Auction Details
Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction
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