The Old Wool Store

Langlands Mill

Offers Over£90,000

General Information
The subjects comprise a detached general purpose unit situated to the south of a former mill complex at Langlands Mill towards the centre of Newtown St Boswells.

Newtown St Boswells is situated in a central location with good links to the national roads network, Edinburgh, Newcastle and the main towns within the central borders.

Newtown St Boswells is an important administrative and agriculture centre, home to the headquarters of Scottish Borders Council and H&H Auction Mart, the areas main livestock auction mart.  The village has been earmarked for significant expansion in the proposed Scottish Borders Local Development Plan and is located just 6 miles from the railway station at Tweedbank, the southern terminus of the newly reinstated borders rail link between the central borders and Edinburgh Waverley.

A general purpose building currently utilised as a warehouse. The building is of brick construction with painted rendered external finish under a pitched roof clad in corrugated steel sheeting. The building is a later addition to Langlands Mill. It is believed to have been constructed in the mid 20th century.

The building has polished concrete floors and painted cast iron rainwater goods.

Langlands Mill itself dates to around 1890 with later additions to the south.  The buildings use as a textile mill ceased during the 1980s.  In 1989 the buildings were sub-divided and converted into workshops. There is a shared access roadway through the Langlands Mill site from the B6398 (Langlands Place) to the west.

A general purpose unit with north eastern corner has been sub-divided with stud partitions to provide two offices, ladies and gents w.c. each with low flush unit and wash hand basin complete with Triton Instantaneous hot water heaters.

There is a steel roller shutter door to the north elevation measuring 3.19 m x 3.67m.

The subjects have been measured in accordance with the RICS Code of Measuring Practice to a Gross Internal Area of 320.07 sq m (3,444 sq ft).

The unit is in an area currently used for Business and Industrial Use within the Definition of the Town and Country (Use Classes) (Scotland) Order 1997 this would generally support the following uses:

Class 4 (Business/Light Industrial use)
Class 5 (General Industrial)
Class 6 (Storage and Distribution)

It is understood that Scottish Borders Council are proposing a slightly more flexible approach to uses within mixed estates of this type which should offer scope for a range of other uses such as sui generis (site specific) uses in keeping with the existing uses in the area.

The site is Zoned within the Local Plan for Re-Development.

Rateable Value
The current Rateable Value of the premises is understood to be £8,100 effective from the 2017 Rating Revaluation.

Under the Samll Business Bonus Scheme, businesses with a combined rateable for all it’s business properties in Scotland of below £15,000 may be eligible for relief.

Mains electricity, water and drainage are connected.

On the conclusion of legal missives

On application.

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

Lease Terms
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.

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.

By appointment with the sole agents:

Edwin Thompson, Chartered Surveyors

76 Overhaugh Street
Tel. 01896 751300
Fax. 01896 758883

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    Contact Simon Sanderson at our Galashiels Office

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    Quick Summary

    Price £90,000
    Town/City Newtown St Boswells
    Status New
    Size (Acres)