DOUBLE FRONTED RETAIL UNIT - 40-41 The Square, Kelso, Scottish Borders, TD5 7HL
The subjects are situated in a town centre position overlooking The Square, an area benefiting from a good level of footfall.
Kelso is a thriving town with a population of approximately 6,300 located to the east of the Central Borders. The town acts as an important local centre serving a wide rural hinterland. The town is located approximately 18 miles to the east of Galashiels, 44 miles south of Edinburgh. Kelso and the surrounding areas are renowned for its quality of life boasting a wide range of attractions ranging from historic houses, abbeys and castles to internationally acclaimed fishing on the tweed and its tributaries.
Recreational facilities in Kelso include an ice rink, swimming pool, health and fitness centre, golf courses including The Roxburgh Championship Course at Sunlaws and a national hunt race course. The town also benefits from a wide range of shops with attractive market centre which includes a number of niche local retailers.
The town is readily accessible with good road links to Edinburgh and Newcastle-upon-Tyne as well as a main line railway station approximately 25 miles east at Berwick-upon-Tweed.
The subjects comprise a Grade B Listed three storey plus attic level building believed to have been constructed in around 1830. The building is of traditional stone construction with painted render finish under pitched roof clad in clay tiles.
40-41 The Square comprises a double fronted ground floor retail unit which with glazed central doorway. The shop is relatively spacious with a total depth of nearly 15 m, to the rear there is a lobby with separate (delivery) access off Bowmont Street and stairs to two first floor rooms most recently used for storage with potential for office use and a WC.
To the rear of the main retail unit there are two cupboards, one used as a tea preparation area and the other providing general storage.
The subjects have been measured in accordance with the RICS Code of Measuring Practice to a net internal floor area of 81.57 sq m (878 sq ft).
We have assessed Zone A (ITZA) to 51.43 sq m (553 sq ft).
Mains water, electricity and drainage are understood to be available.
The property is currently assessed to a Rateable Value of ﾣ12,700 per annum effective from 01-Apr-2010.
Under the Small Business Bonus Scheme, subject to eligibility and application, rates relief may be available. Further information in this regard can be obtained by contacting the Business Rates Team of Scottish Borders Council.
Early entry is available.
Each party will be responsible for their own legal costs incurred in relation to this transaction.
All figures quoted are exclusive of VAT.
Strictly by appointment with the sole marketing agents.
Edwin Thompson LLP, Chartered Surveyors
76 Overhaugh Street
Tel: 01896 751300
Fax: 01896 758883
Email: [email protected]
Double fronted retail unit fronting The Square in Kelso town centre
Prominent town centre trading position with excellent footfall
Accommodation: Front shop, rear lobby with separate (delivery) access; two cupboards, stairs to two first floor rooms with potential for office use
NIA 81.57 sq m (878 sq ft)
ITZA 51.43 sq m (553 sq ft)