22 Bank St
Galashiels TD1 1EN
Retail Property For Sale

The subjects are situated in a good trading position within Galashiels town centre which benefits from a high level of footfall and passing trade. Galashiels, once famous for its textiles, is now one of the largest towns in the Scottish Borders having a population of approximately 14,000. Its central location in the Borders means Galashiels is generally considered to be the principal administrative, retail and social centre for the region, effectively serving a population in excess of 110,000. The town also benefits from a significant student population with campus’s of the Heriot-Watt University and Borders College within the town. In recent years Galashiels has been subject to a considerable investment. Developments have included the Gala Water Retail Park, two new supermarkets to the east of the town centre and significant transport infrastructure works. The infrastructure works have included the Galashiels inner relief road and, the Borders Railway link which has re-established passenger services between Edinburgh Waverley and the Central Borders. The journey time from Galashiels to Edinburgh city centre is approximately 55 minutes, with departures every 30 minutes. On weekdays the first train departs from Edinburgh at 0545, the last at 2355. The town features a wide range of High street and out of town retailing, restaurants, cafes and local amenities. There is also a significant student population, as home to the Heriot-Watt University School of Textiles and Design as well as having a campus of Borders College. This Opportunity is well positioned on Bank Street looking out onto Bank Street gardens with strong visibility from Bank Street and Bank Street Brae. The proposed £6.7 million Great Tapestry of Scotland Development on High Street is anticipated to generate 50,000 additional visitors to the area each year.