RETAIL OPPORTUNITY

55 High Street, Innerleithen EH44 6HD

Guide Price  £30,000


Quick Summary

Price £30,000
City
Status New
Size (Acres)
Beds
Bathroom
Garden
Parking Spaces
Period

Downloads


Contact

Galashiels Office
01896 751 300

General Information
55 High Street is situated in a prominent trading position within the centre of Innerleithen. The High Street is a busy thoroughfare with a good level of passing trade and benefits from considerable footfall.
The unit is in sound condition well suited to general retail uses or a range of similar uses such as a hair salon, beauty salon, treatment rooms or similar.

The area is well renowned for outdoor pursuits and benefits from a good number of seasonal visitors. It has a good number of niche retailers. If marketed at a realistic level, we would anticipate reasonable demand for sale or let.

Innerleithen is situated to the west of the Scottish Borders. The settlement has a population of 3,031 according to the 2011 Population Census, an increase of around 17% over the population recorded in 2001. It is a popular destination within the Tweed Valley for outdoor pursuits particularly for mountain biking enthusiasts but also golf, fishing and walking.

Description
A self-contained ground floor retail unit within a traditional constructed terraced building on two principal storeys plus attic level.
This shop has a prominent single fronted display window to High Street with off-set
entrance door.

Established use will be class 1 (Retail).
Internally, the unit is fitted out with plywood wall linings, suspended ceiling grid, incorporating ceiling mounted air conditioning unit.
There is on-street parking directly outside the unit.

Accommodation
The accommodation comprises:

Front shop, rear shop/preparation area with modern fitted units. WC accessed externally via the ground to the rear. External shed providing additional storage.

Services
Mains electricity, gas, water and drainage.

Rateable Value
The Rateable Value is currently assessed to £2,100 effective from 01-Apr-2017.

The Small Business Rates Relief Scheme provides rates relief to help small businesses in Scotland. For the 2019/20 financial 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.

Lease Terms
Available by way of a new lease.

Terms by negotiation.

Entry
On the conclusion of legal missives

Satellite Navigation
For those with the use of Satellite Navigation the postcode for this property is TD1 1BD

Fixtures and Fittings
Only items specifically mentioned in the particulars of sale are included in the price.

Value Added Tax
Unless otherwise stated the prices quoted are exclusive of VAT.

Any intending tenants must satisfy themselves independently as to the instances of VAT in respect of any transaction.

EPC
TBC

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

In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, registration dues and VAT thereon.

Viewing
By appointment with the sole agents:

Edwin Thompson Chartered Surveyors

76 Overhaugh Street
Galashiels
TD1 1DP

Tel. 01896 751300
Fax. 01896 758883

E-mail: [email protected]

An extremely well positioned retail opportunity within Innerleithen town centre.

Prominent display frontage onto High Street

Sought after position

Net Internal Area 27.97 sq m (301 sq ft)

Guide Price £30,000
Guide Rent £3,000 per annum

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