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No longer on the market

This property is no longer on the market

Shop

Shop
366
Added > 14 days

Letting details

  • Availability date: 1 Apr 2025
  • Unfurnished

Features and description

  • A double display window frontage with westerly aspect
  • Main shop of approximately 22.9 sqm (246 sqft)
  • Rear shop of approximately 11.1 sqm (119 sqft)
  • Store/staff room; and WC
  • Assignation of existing Full Repairing and Insuring Lease
  • EPC Rating – EPC pending

LOCATION

A good location to the north of the town centre, close to the entrance to Sainsbury’s, with other retail, food and service businesses surrounding.

DESCRIPTION

A ground floor retail unit, with good sized front/main shop and bright, smaller rear shop with large velux window; store/staff room; and WC.

AREAS

Areas can be summarised as follows:

Main Shop - 22.9 sqm

Rear Shop - 11.1 sqm

Store/ & WC - 6.9 sqm

Totals - 40.9 sqm

RATING

The Scottish Assessors Association have entered the subjects in the current Valuation Roll as a "Shop", with a Rateable Value, as of 1 April 2023, of £6,400. As such, the property may qualify for Small Business Rates Relief at the rate of 100% relief.

SERVICES

Mains electricity, mains water and mains drainage.

TERMS

Assignation of the current Full Repairing and Insuring (FRI) lease, being a 10 year lease, entered into on 1 October 2019. A new lease, or lease extension terms may be available. Further details on request.

PLANNING

Planning Use Class for the property, in accordance with The Town and Country Planning (General Permitted Development and Use Classes) (Scotland) Miscellaneous Amendment Order 2023, is “Class 1A - Shops and financial, professional and other services”.

ENTRY

Entry available as at 1 April 2025.

VAT

There is no VAT applicable on the rent.

ASKING RENT

An asking rent of £725 per month (£8,700 per annum) is sought. Landlord's insurance premium for buildings insurance will be payable by the Tenant in addition.

LEGAL COSTS

Each party to bear their own legal costs for the documentation of this transaction, however the ingoing tenants will be liable for any LBTT, Registration Dues and any VAT incurred thereon.

VIEWINGS AND FURTHER INFORMATION

For further information or to arrange an appointment to view please contact Walker Scott Ireland Ltd. Viewing is strictly by appointment. Interested parties are advised to note interest with Walker Scott Ireland Ltd in order to be kept informed of any closing date that is set. Please note, our client need not accept the highest offer, nor indeed any offer.

PHOTOGRAPHS

Photographs taken in January 2025

CONNECTED PARTIES

Walker Scott Ireland Ltd is a connected party to the property Landlord.

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About this agent

Walker Scott Ireland - Peebles
Walker Scott Ireland - Peebles
82 High Street Peebles, Scottish Borders EH45 8SW
01721 266984
Full profileProperty listings
THE OFFICE Walker Scott Ireland is based on the bustling and highly regarded High Street of Peebles. The town lies approximately twenty five miles south of Edinburgh, on the western side of the Scottish Borders area and supports a rich diversity of people and property. The business is well set to serve the property needs of clients both locally and nationally. Bright, south facing and with external elegance, the Walker Scott Ireland office is situated in a prime location on Peebles High Street. The double fronted layout allows for prominent property displays. The internal layout is warm, welcoming and a comfortable setting for client meetings. THE TEAM Michael Ireland Walker Scott Ireland is headed up by Michael Ireland MA MLE MRICS, who was previously a Partner of Knight Frank in Edinburgh. Michael has a lifelong passion for property, be it land or buildings. He is a highly regarded and experienced Chartered Surveyor with twenty years knowledge of the residential, agricultural and rural commercial property markets throughout Scotland. His quiet, calm but firm approach compliments a depth and breadth of knowledge in all sectors he advises on. He regularly acts as an expert witness. Clients appreciate his honesty and integrity in whatever advice he gives. He is a RICS Registered Valuer and currently sits on the RICS UK Rural Professional Group Board. He is also a member of the Scottish Agricultural Arbiters and Valuers Association. Gillian McGovern Michael is assisted by Gillian, who is responsible for the day to day running of the office, and ensuring all estate agency matters are dealt with quickly and efficiently. Gillian had a small personal portfolio of properties in Peeblesshire and the Lothians, and has 20 years’ experience of management, quality and safety. REGULATED BY RICS The Royal Institution of Chartered Surveyors (RICS) is the benchmark for property professionals. Walker Scott Ireland is a member of the RICS and is governed by its rules of conduct and regulations. The RICS carry out regular member inspections and operate a number of mandatory schemes in addition to statutory consumer protection measures, to ensure the highest of standards are adhered to in whatever area of the property market you are concerned with. Walker Scott Ireland operates a Complaints Handling Procedure in accordance with RICS requirements. A copy is available upon request. Walker Scott Ireland is proud to be and operate as a RICS member.
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