The Square, Kelso, Roxburghshire, Scottish Borders TD5 7HL
Guide Rent £6,950 per year
30 The Square is situated in Kelso town centre.
Kelso is a traditional market town with a relatively affluent catchment area providing a higher than average disposable income supporting a good range of independent retailers.
The town has a population of approximately 5,639 according to the 2011 Population Census, and acts as a local centre for a wide rural hinterland. The settlement is conveniently located within the Central Borders, approximately 18 east of Galashiels, 44 miles south of Edinburgh.
Kelso is an historic setting with a great many attractions within the town and surrounding area generating a high level of seasonal tourist trade.
The unit comprises the ground and basement of a traditional 19th Century three storey plus attic level and basement corner terraced building.
The property is of conventional stone construction under pitched roofs covered in slate. Walls are part solid, but predominantly internally lined. Suspended timber floors to ground floor. Solid floors to basement level. Timber framed fixed windows – single glazed.
There is a small enclosed yard access via the half landing via the fire exit from the basement.
Ground Floor: A compact double fronted shop unit with central door to The Square accessed via two steps up from pavement level. Stairs to north eastern corner leading to basement level.
Basement: Hall with tea preparation area, Landing, office, w.c. with low flush unit and wash hand basin and door to shared emergency exit with concrete stairs leading to separate ground floor access from The Square.
Mains electricity, gas, drainage and water
According to the Scottish Assessor’s Association Website this unit is assessed to a Rateable Value of £6,600 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 2018/19). Further details are available from the Business Rates Team of Scottish Borders Council.
Available by way of a new lease on FRI terms.
In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, registration dues and VAT thereon.
On the conclusion of legal missives.
Unless otherwise stated the prices quoted are exclusive of VAT. Any intending purchasers 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.
By appointment with the sole agents:
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street, Galashiels TD1 1DP
Tel. 01896 751300
Fax. 01896 758883