Forest Mill, Selkirk, Selkirkshire, Scottish Borders, TD7 5NY
Guide Rent£4,950 per year
Forest Mill is situated within Riverside Business Park to the north west of Selkirk.
Selkirk has a population of approximately 6,000 and is conveniently situated within the centre of the Scottish Borders with good road links to the main towns in the area and the national roads network via the A7 arterial route.
The town in located approximately 5 miles to the south of Galashiels, 11 miles to the north of Hawick, the two largest population bases within the Borders with populations of around 14,000 and 16,000 respectively.
The riverside area of Selkirk is now considered one of the regions principal commercial centres. It has recently benefitted from significant investment both private and public sector including Scottish Enterprise’s landmark refurbishment of Ettrick Riverside into a modern business facility but also your own development at Portland Buildings and nearby re-development projects at Tweed Mills, Riverside Mills and Gibson Buildings at Ettrick Park.
Existing Occupiers at Forest Mill include Holmes Glass Studio, Forestry Commission, Cademuir Tool Making and Three Hills Coffee.
A modern Hybrid Business Unit which has recently been refurbished and upgraded to a good standard benefitting from a flexible open plan layout.
This unit is DDA complaint with two WCs, one competed to an accessible standard. The main unit is effectively open plan, although currently partially separated into three areas with stud partition walls. There is a tea preparation area/ kitchen within the main unit.
As part of recent works this unit has been redecorated throughout and is provided with new laminate flooring. This is a bright unit with polycarbonate sheeted roof lights along the eastern roof pitch. Double plasticol coated aluminium framed double glazed doors to the south elevation Strip lighting. 13A double sockets to the perimeter of the unit.
Integrated Fire Alarm System,. Current Periodic electrical Installation Certificate. Ambi-Rad Gas Fired Heaters.
Forest Mill is a Category B Listed former Mill which dates back to around 1838.
This section of the building is of single storey design, believed to date to the 1850s to 1880s. The building was sympathetically refurbished and converted into individual hybrid units by the current owners.
The building is of whinstone construction with 23 bay equal-sided double-pitched piended slate roofs incorporating renewed polycarbonate sheeted roof lights to the east pitches and conical ventilators. The roof trusses are supported on cast iron columns.
Gross Internal Area 86.90 sq m (935 sq ft)
Net Internal Area 81.20 sq m (874 sq ft)
The area is zoned for the Retention of Business and Industrial Use within the Definition of the Town and Country (Use Classes) (Scotland) Order 1997 and this would support the following uses:
Class 4 (Business/Light Industrial use)
Class 5 (General Industrial)
Class 6 (Storage and Distribution)
According to the Scottish Assessor’s Association Website this unit is assessed to a Rateable Value of £2,900 per annum effective from 01-Apr-2017.
The Small Business Bonus Scheme provides rates relief to help small businesses in Scotland. Where a business’s combined (all business premises in Scotland) rateable value is £15,000 or less up to 100% relief is available subject to eligibility (Current 2020/2021). Further details are available from the Business Rates Team of Scottish Borders Council.
All mains services are understood to be connected.
Energy Performance Certificate
On the conclusion of legal missives
Available by way of a Full Repairing and Insuring lease.
Terms by negotiation.
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.
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.
By appointment with the sole agents:
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street,
Tel. 01896 751300
Fax. 01896 758883