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SHOP/ OFFICE/ STUDIO/ GALLERY

High Street, Melrose TD6 9PB

Guide Rent  £12,000 per year


Quick Summary

Price £12,000 per year
City Melrose
Status New
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

Downloads


Contact

Galashiels Office
01896751300

General Information

A well positioned shop situated within Melrose town centre.
Melrose is an historic town with a population of 2,307 according to the
2011 population census. It is an attractive town located in the central
borders, approximately 4.5 miles east of Galashiels. The settlement has a
relatively affluent catchment and benefits from a significant level of
seasonal tourist trade. It benefits from all local amenities and has a good
range of independent shops and restaurants.

It is conveniently located for access to the other towns in the central
borders with good connectivity to the national roads network via the A68
trunk road and the A7 arterial route. The southern terminus of the newly
re-established borders railway linking the central border to Edinburgh is at
Tweedbank station approximately 1.5 miles west.

Description

A self-contained regular shaped ground floor retail unit within a two
storey terraced building.

This is a single fronted unit with offset entrance door providing
prominent window frontage to High Street. Internally, the unit is open
plan with a store room/changing room and a W/C off the main
accommodation.

The rear section of the shop is fitted out with a kitchen/
tea preparation area. There is an external door to the back of the shop
providing a service access via St Dunstans Lane.

Accommodation

The accommodation comprises:

Open plan main shop with the kitchen area to the rear, storage cupboard
(under the stairs leading to the residential accommodation above) and
WC.

 

Services

Mains electricity, drainage and water

Rateable Value

The current rateable value of the premises is £9,100 per annum. The
proposed rateable value following the 2017 Rates Revaluation effective
from 01-Apr-2017 is £10,400.

The small business rate relief scheme (SBRR) currently provides 100% rates
relief for units with a rateable value of £10,000 or less based on a
combined total of all the occupiers business premises within Scotland
(subject to application and eligibility). The threshold for 100% rates relief
is expected to increase to cover units with a rateable value of up to
£15,000 effective from 1st April 2017 when the 2017 rates revaluation comes
into effect.

Energy Performance Certificate

Energy Performance Rating: Band to be confirmed

Lease Terms

Available by way of a new lease on FRI terms.
In the normal manner, the in-going tenant will be liable for any land and
buildings transaction tax, registration dues and VAT thereon.

Entry

On the conclusion of legal missives.

VAT

Unless otherwise stated the prices quoted are exclusive of VAT. Any
intending purchasers must satisfy themselves independently as to the
instances of VAT in respect of any transaction.

 

Legal Costs

Each party will be responsible for their own legal costs incurred in
connection with this transaction.

Viewing

By appointment with the sole agents:

Edwin Thompson: 01896 751300
E-mail: [email protected]

Centrally positioned town centre shop
Net Internal Floor Area 64.96 sq m (699 sq .)
Regular shape. Rear service access
Good window frontages

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