Property Details

Former Borders College, Campus Melrose Road
Borders
Borders
, Galashiels

OIRO£700,000

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PropertyDescription

LOCATION

The subjects are located in the town of Galashiels one of the principal settlements of the Scottish Borders. Galashiels is located approximately 34 miles south of Edinburgh on the main A7 Edinburgh to Carlisle Road. Galashiels Tweedbank is the terminus for the Waverley Railway line running from Edinburgh to Galashiels which allows easy access for commuters to and from the Borders. The site lies approximately 0.5 miles from the train terminus.

On entering Galashiels from the north on the A7 follow signs for the B6374 Galashiels to Melrose road. The site is located 200 meters on the right hand side of the road.

THE PROPERTY

The subjects comprise the site, grounds and several properties of the former Borders College, Melrose Road Campus amounting to circa 1.6ha (4 acres). See attached site plan. The front of the site borders onto and is enclosed by walling behind Melrose Road. The rear of the site backs onto the Waverly railway line. Access to the site is gained from Melrose Road. The site is split in two by Langhaugh Lane.

In terms of scale the main building on the site is the former Galashiels Academy premises which has been extended and altered over the years. The Academy building is not a listed building. A single storey vocational training building is located to the rear of the Academy.

Located on the west side of Langhaugh Lane there is a traditional C Listed detached square villa, “Thorniedean House” as well as low level technical workshops to the south of Thorniedean House. Thorniedean House has the potential to be converted into a residential dwelling(s) subject to the necessary planning permission being granted by SBC.

The Queens Sport Centre is owned by a third party and does not form part of the sale.

The majority of the property are unoccupied and are vacant.

Historically the site has only been used for residential or educational purposes. The Galashiels area has historically not been associated with mine workings.

TOWN PLANNING

A planning brief for the site was previously approved by Scottish Borders Council in June 2009. Since that time, the planning system and many planning policies have changed. In particular the Local Plan has since been replaced by the Scottish Borders Local Development Plan Adopted.

The current local development plan, adopted 2016, identifies the site as a “redevelopment opportunity”. Under policy PMD3 a number of uses are acceptable including residential, employment although not Class 5 (General Industrial) or Class 6 (storage and distribution) or retailing (Class 1) subject to the sequential test. A residential care home (Class 8 Residential institutions) may also be acceptable.

Interested parties should satisfy themselves that their plans are consistent with the Scottish Borders Council Planning department.

INTERESTED PARTIES

Interested parties should satisfy themselves that their plans are consistent with the Scottish Borders Council Planning department, phone 01835 826735.

PRICE

Our clients are seeking offers in the region of £700,000 for the freehold sale of the site.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £89,500 effective 1st April 2017. The uniform business rate for the current year is 49.2 pence in the pound. 

UTILITIES

The property is served by mains electricity, gas and water. It will be purchaser’s responsibility to confirm capacities.

LEGAL COSTS

Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through either of the joint selling agents IME Property or Colliers International.

Additional information pertaining to the site can be obtained from bill.adams@ime.co.uk on 0131 290 2354 or andrew.mcnab@colliersint.com on 0131 240 7500.

PropertyOverview

  • Property ID:P334
  • Postal Code: TD1 2AF
  • Status:For Sale
  • Type: commercial
  • Class:0 (Development Opportunity)
  • Property Size:n/a sq ft
  • Price:£700,000

PropertyFeatures

  • Development opportunity
  • Suitable for variety of uses
  • Site cira 4 acres
  • Close to centre of Galashiels

ExtraInformation

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Bill Adams

Bill Adams

If this property is of interest and you would like further details, or want to arrange a viewing, please contact our property agent on the following details.

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