Prospering In The Scottish Borders Commercial Property Market
We are delighted to report an increase in activity in the Scottish Borders commercial property market.
Currently handling over 125,000 sq ft of office, retail and industrial floor space available to let, we are now one of the largest commercial agents operating in the area.
Our team enjoys a strong presence in the Borders with three regional offices including Kelso, Galashiels and Peebles, which have assisted with the growth of our business in this areas over the past year, enjoying a good deal of success in a very difficult market.
Ian Forbes, of our commercial team, said: “Over the last few months, we have seen interest from various local and national operators for available properties and have enjoyed a good deal of success in a very difficult market. With some of these parties represented by Edinburgh and Glasgow agents, we believe that by having dedicated commercial professionals working between Edinburgh and the Borders, we are in a great position to pick up any interest and cultivate it.”
Recent examples of deals achieved by our commercial team in the Borders:
- Bristol Mill, Galashiels was sold to a private purchaser for development without planning permission
- Former Post Office in Jedburgh High Street recently let to a local start up retailing business
- Retail units on High Street and Channel Street in Galashiels, recently let for use as a fitness studio and cafe respectively
- Over 10,000 sq ft pf industrial space at Tweedbank in Galashiels (on a joint agency basis with King Sturge)
- Retail unit on High Street Melrose, let off-market resulting in no void period or marketing costs
- Retail unit on Horsemarket Kelso, recently sold to a local business for owner occupation
Some of the commercial properties available to let or for sale in the area include:
- Industrial units available to let at Tweedbank Industrial Estate, Galashiels (joint agents with King Sturge) ranging from 2,479 sq ft to 19,657 sq ft
- Industrial units at Wheatlands Mill in Galashiels, in the region of 5,333 sq ft
- Various offices and business units at Cavalry Business Park in Peebles, for sale and to let ranging from 647 sq ft to 4,004 sq ft
- Retail units in Kelso and Galashiels ranging from 412 sq ft to 3,134 sq ft
We have a range of commercial properties available to let or for sale throughout Scotland. Find out more about our commercial division and all properties available or call Ian Forbes or Richard Higgins of CKD Galbraith on 0131 240 6960 or 01896 754 842.