12 Market Square
Asking £11,000 per year
|Price||£11,000 per year|
Offices/ Retail Premises
12 Market Square, Duns, Scottish Borders. TD11 3QG
A Category B Listed early 19th Century Former Bank set in imposing town centre position.
Established use is Class 2 (Financial, professional and other Services) which also permits Class 1 (Retail) providing flexibility for a wide range of retail and office uses which may include general retail, post office, travel agency, hair salon, financial services, professional services, gallery, studio, treatment rooms, artisan workshop or similar. Subject to obtaining Class 3 (Food and drink) consent the subjects would also appear well suited to a coffee shop, restaurant or wine bar.
Net Internal Area 122.52 sq m (1,318 sq ft)
Guide Rent £11,000 per annum
12 Market Square is situated within a prominent position within Duns town centre.
Duns is the county town of Berwickshire serving a wide rural hinterland. The town itself has a relatively small population of around 2,750 according to the 2016 Mid Year Population Estimates. It is a traditional market town providing good range of local facilities and services including primary and secondary schooling, a variety of independent shops, banking services, public houses, restaurants, veterinary surgery, police station, garden centre, library, fire station, council and housing association offices.
The area boasts a range of attractions including Duns Castle, a number of stately homes, the annual Common Riding and the Jim Clark Museum. The surrounding countryside including the Lammermuir Hills provides some spectacular scenery and some excellent terrain for a range of outdoor pursuits. Other recreational facilities in the area include a swimming pool, a gym, and adjoining children’s play centre and golf driving range, 18-hole golf course, squash courts, all weather astro-surface pitches and a range of sports clubs.
Duns is situated approximately forty-four miles south of the city of Edinburgh, seventy-one miles from Newcastle each with an international airport. Access is readily available to the main line east coast rail service with a station at Berwick-upon-Tweed located approximately fifteen miles east.
Edinburgh: 44 miles
Berwick-Upon-Twee: 15 miles
Kelso: 17 miles
Newcastle: 71 miles
Ground floor premises within this imposing Category B Listed symmetrical three storey Italianate former bank building which is believed to have been constructed around 1857.
The building is of traditional stone construction with polished cream ashlar sandstone to the principal elevations – front and west. It has a hipped roof clad in slate.
Until recently the premises were occupied as a branch of The Royal Bank of Scotland.
Established used will be Class 2 – Financial, Professional and Other services of the Town and Country (Use Classes) (Scotland) Order 1997.
Under the Town and Country Planning (General Permitted Development) (Scotland) Order 1992 this permits Class 1 Retail uses.
The building is Category B Listed together with No. 11 which occupies the upper floor levels (formerly the managers residence) and is within the Town’s conservation area.
The accommodation currently comprises:
Ramped access to front, Front office/ shop; two offices, strong room, rear hall, stationery cupboard/file store, kitchen, ladies and gents WC’s each with low flush unit and wash hand basin, understair storage cupboard and boiler cupboard, emergency exit to the yard to the east.
All mains services are understood to be connected.
Gas fired central heating supplemented by Dunham Bush electric heaters to the main office.
The property has been measured in accordance with the International Property Measurement Standards to an approximate area of 122.52 sq m (1,318 sq ft)
£11,700 effective from 01-Apr-2017.
The Small Business Rates Relief Scheme provides rates relief to help small businesses in Scotland. For the 2019/2020 year up to 100% rates relief is available for business with a combined rateable value (of all business premises in Scotland) with a Rateable Value of £15,000 or less subject to application and eligibility. Further details are available from the Business Rates Team at Scottish Borders Council. Tel. 0845 3000341.
Energy Performance Certificate
Energy Performance Rating G150
On the conclusion of legal missives
In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, registration dues and VAT thereon.
Available by way of a Full Repairing and Insuring lease.
Terms by negotiation.
Value Added Tax
Any prices are exclusive of VAT. The property is not understood to be elected to VAT. However, any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction
Each party will be responsible for their own legal costs incurred in relation to this transaction.
For those with the use of Satellite Navigation the postcode for this property is TD11 3QG
Fixtures and Fittings
Only items specifically mentioned in the particulars of sale are included in the sale price.
Scottish Borders Council
Newtown St Boswells
Tel 01835 824000.
Strictly by appointment with the sole agents:
Edwin Thompson LLP, Chartered Surveyors
76 Overhaugh Street
Tel: 01896 751300
Fax: 01896 758883
Email: [email protected]
A Category B Listed early 19th Century Former Bank set in town centre position. Established use is Class 2 (Financial, professional and other Services) which also permits Class 1 (Retail) providing flexibility for a wide range of retail and office uses which may include general retail, post office, travel agency, hair salon, financial services, professional services, gallery, studio, treatment rooms, artisan workshop or similar. Subject to obtaining Class 3 (Food and drink) consent the subjects would also appear well suited to a coffee shop, restaurant or wine bar. Net Internal Area 122.52 sq m (1,318 sq ft)