he property is held on a full repairing and insuring head lease on the following terms; Tenant: Barnardos Expiry: 9th October 2028 Passing Rent: £16,500p.a.x

Internally the property is presented in a good standard with lighting being of halogen spot and fluorescent strip, with partitions erected to form main office, staff room and w.c. facilities.

Nearby traders include Nationwide Building Society, Holland & Barrett, Argos, TUI and many others.

The property comprises a ground and first floor commercial unit within a larger, modern parade surmounted by a pitched roof overlaid in tile. The property offers display frontage facing onto Channel Street and Douglas Bridge, being open plan internally with dual staircases leading to the upper floor. Internally the property is presented in a good standard with lighting being of halogen spot and fluorescent strip, with partitions erected to form main office, staff room and w.c. facilities. The property also benefits from rear access to a common service yard to the rear of the demise. The property has the following approximate net internal floor areas: Ground: 296.25sqm (3,189sq ft) 1st: 177.7sqm (1,913sq ft) Total: 473.95sqm (5,102sq ft) The property is held on a full repairing and insuring head lease on the following terms; Tenant: Barnardos Expiry: 9th October 2028 Passing Rent: £16,500p.a.x Tenant Break: 10th October 2026 Covenant Info: Barnardo's, the UK-based charity, operates over 600 retail stores across the country. These stores sell donated items to raise funds for supporting vulnerable children and young people. Barnardo's reported an annual turnover of approximately £315 million for the financial year ending March 2023. This represents a 5% increase from the previous year The property has been elected for V.A.T. as such the transaction may be treated as a T.O.G.C (transfer of a going concern)

The property is situated on the north side of Channel Street, with access and frontage also on Douglas Bridge, 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. The subjects are located on the north side of Channel Street, the principle retailing street within the town. Nearby traders include Nationwide Building Society, Holland & Barrett, Argos, TUI and many others.

Full Address: 63-65 Channel Street, Barnados, Galashiels, Borders, TD1 1BH