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Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
Prime Town Centre Location
Close to Town Centre Car Park
Ground Floor Unit
Well Fitted Out
Held on F.R.I Lease
Expiry: September 2030
Passing Rent: £15,000p.a.x
Nearby traders include Nationwide Building Society, Vodafone, VPZ, Subway, Lloyds Pharmacy and the newly opened Galashiels Museum.
Tenant: Tweed Chiropractic Ltd
Expiry: 9th September 2030
Tenant Break & Review: 10th September 2025
Passing Rent: £15,000p.a.x.
Tweed Chiropractic operate 2 clinics within the scottish borders in Galashiels and Hawick. Working with a team of 9 staff, their core client base is the large number of rugby teams within the region.
The property is situated on the busy Douglas Bridge retail parade within the town of Galashiels.
Tenant: Tweed Chiropractic Ltd
Expiry: 9th September 2030
Tenant Break & Review: 10th September 2025
Passing Rent: £15,000p.a.x.
Area: Ground: 198.86sqm (2,140sq ft)
Further Information: Tweed Chiropractic operate 2 clinics within the scottish borders in Galashiels and Hawick. Working with a team of 9 staff, their core client base is the large number of rugby teams within the region as patients along with the “average Joe”. The clinics are fitted out to a high standard reflective of the calibre of clinic associated within the U.S.
The property is situated on the busy Douglas Bridge retail parade within the town of Galashiels. Galashiels is a busy Scottish market town located in the Borders some 30 miles south of Edinburgh and 30 miles west of Berwick Upon Tweed. The town has a resident population of some 14,000 persons. Communication links are provided via a direct train line to Edinburgh and also the A7 trunk road which links to Edinburgh, Hawick and Carlisle.
Nearby traders include Nationwide Building Society, Vodafone, VPZ, Subway, Lloyds Pharmacy and the newly opened Galashiels Museum.
Full Address: Douglas Bridge, Healthcare Investment, Galashiels, TD1 1BH
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2030
Rent: £15,000 per year / £1,250 per month
Yield: 13% (approx)
Tenant: Company
Notes: Tweed Chiropractic operate 2 clinics within the scottish borders in Galashiels and Hawick. Working with a team of 9 staff, their core client base is the large number of rugby teams within the region as patients along with the “average Joe”. The clinics are fitted out to a high standard reflective of the calibre of clinic associated within the U.S.
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Auction Details
Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction
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