The subjects are arranged over ground floor with limited restricted cellar storage (accessed by trap door).
Location
Peebles is an affluent Border town approximately 27 miles south of Edinburgh. The town is a busy commuter location and attracts many tourists due to its attractive High Street and history. Peebles has a resident population of approximately 9,000 people and a wider catchment area of approximately 20,000 people.
The town enjoys strong retail demand. The subjects themselves are situated on the south side of High Street with nearby occupiers including Rogerson Shoes, Time & Tide, Wilkies etc.
Accommodation
Net internal areas and dimension:
Gross Frontage - 38’9” (11.8m)
Ground Floor - 944 sq.ft. (87.73m sq m)
Terms
SALE PRICE - Offers in excess of £250,000 are invited.
RENT - On application.
RATEABLE VALUE - The premises have a rateable value of £17,900.
The current rate poundage is 49.8p.
Rates payable £8,914.
PLANNING - The premises currently benefit from Class 1A consent under the Town & Country Planning (Use Classes) (Scotland) Order 1997.
EPC - The property has an EPC rating of G.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred in this transaction with the ingoing tenant being responsible for any Stamp Duty, Land Tax and Registration Dues.
AML - To comply with Anti Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers which will, at a minimum, include proof of identity, address, and funding. Applicable documentation will therefore be required on agreement of the Heads of Terms.
VAT - Please note VAT is chargeable on the rent.
DATE OF ENTRY - Immediate.