Offices and Depot/ Development Opportunity

Plainfield, Newtown St Boswells, Melrose, Scottish Borders, TD6 0RY

Offers Over£150,000

Offices, Depot associated yard, parking and paddock with development potential.

Site Area: 0.688 ha (1.70 acres)

General Information
Plainfield is situated in a prominent readily accessible position to the north of Newtown St Boswells fronting on to the B6398, the main thoroughfare through the village.

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

The settlement is an important administrative and agricultural centre. It is home to the headquarters of Scottish Borders Council and H & H Auction Mart, one of the area’s principal livestock auction marts.

The village has been earmarked for significant expansion in the Scottish Borders Local Development Plan with residential zoning in and around the settlement with a current indicative capacity of 1218 new homes.

Newtown St Boswells is located just six miles from the railway station at Tweedbank, the southern terminus of the newly reinstated Borders rail link between the central Borders and Edinburgh Waverley. It is anticipated that there would be a further station within Newtown St Boswells, If the line is extended to Carlisle as proposed.

A general purpose building currently utilised as a warehouse. The building is of Plainfield is a detached two storey unit of traditional stone construction under a pitched roof clad in slate.

The building occupies a terraced site with the ground falling away to the east. The offices to the upper level are accessed from street level with parking for approximately three cars directly to the front.

A concrete drive off Plainfield Terrace passes along the north of the building to the grounds to the rear providing level ground floor access to the warehouse/ workshop to the lower level, together with associated yard/ car park.

Significant works are understood to have been undertaken to upgrade and refurbish the building in the mid to late 1990’s. As part of these works, the internal layout was re-configured to provide modern offices to the upper level and a self-contained warehouse/store to the lower level.

The accommodation comprises:

Ground Floor—Entrance lobby, reception, general office, five further offices, and an administration room complete with tea preparation area each accessed of a central corridor, ladies and gents WC.

Lower Ground Level—Warehouse/workshop with vehicular access via double barn doors (2.80 m wide by 3.50 m high) accessed from the east of the building.

Internally a store has been formed against the southern wall of the building.

The extended grounds are landscaped to provide level hardcore surfaced parking extending to around 550 sq m and secure compound with gated access off the car park and extended grounds to the south and east providing a paddock with woodland curtilage.

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)

Rateable Value
The current Rateable Value of the premises is understood to be £8,000 effective from the 2017 Rating Revaluation.

Under the Small 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. If sub-divided the revised Rateable Values will be well below this threshold.

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
Any prices 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.

By appointment with the sole agents:

Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Tel. 01896 751300
Fax. 01896 758883

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    Quick Summary

    Price £150,000
    Town/City Melrose
    Status Sold
    Size (Acres)