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TOWN CENTRE RETAIL / CLASS 2 OPPORTUNITY HEART OF JEDBURGH CENTRE - PRIME POSITION - RATES EXEMPT

For sale: POA|To rent: ROA|701 Sq Ft|Retail, Office, Restaurants / Cafes, Retail - High Street, Retail - Out of Town, Showroom, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE701 Sq Ft
ADDRESSLadbrokes Ltd, 15 High Street, Jedburgh, Scottish Borders, TD8 6AQ
TYPERetail, Office, Restaurants / Cafes, Retail - High Street, Retail - Out of Town, Showroom, Offices, Other Property Types & Opportunities
TENURETo Let, For Sale Freehold
POSTED ON22nd April 2020

DESCRIPTION

Town Centre Retail / Class 2 Unit
Prominent High St Position
Ground Floor
701sq ft
Rates Exempt
Rent: £10,000p.a.x.
Price: £100,000

Location

The subjects are situated on the east side of High Street, north of its junction with Exchange Street within the town of Jedburgh.

The towns high street hosts a historic row of charming character stone-built properties lining the road to the Old Castle. The town of Jedburgh is justifiably known as the 'Jewel of the Borders' and has a great community spirit with a variety of well supported independent shops, restaurants, cafes, a swimming pool & fitness centre, Community & Arts Centre, two primary schools and local Grammar. The historical Royal Burgh of Jedburgh lies ten miles north of the border with England and is well situated with swift road links to both major airports at Edinburgh and Newcastle, and the main East Coast railway line is 35 miles distant at Berwick upon Tweed. Ideal for a commuter lying just off the A68 providing easy travel to further Border towns and recently opened Borders railway is 25 minutes away.

Subjects

The subjects comprise a ground floor mid-terrace retail unit set within a 3 storey stone development of traditional construction. The subjects offer twin, timber framed display windows which flank the recessed entranceway, with access gained via a timber & glass door.

Internally the subjects have been fit out to Ladbrokes corporate specification with floors having been overlaid in laminated timber, walls have been plastered and painted with lighting provided by way of halogen spots and fluorescent strips recessed within the acoustic tile ceiling.

Partitions have been erected to form customer W.C, secure counter area along with office & tea prep area.

NAV/RV

The property has been assessed and entered onto he valuation roll with the following NAV/RV;

£7,500

Area

The property has been calculated to offer the following internal area;

Ground: 65.14sqm (701sq ft)

Rent

Our client is offering the property on a new full repairing and insuring head lease for a negotiable term for £10,000p.a.

Price

The property is available on a freehold basis for £100,000

E.P.C

Available on request

V.A.T

Price quoted is exclusive of V.A.T. Further information available on request

Legal

Each party shall bear their own legal costs incurred during the transaction

Title

Available on request

LOCATION

Location: Ladbrokes Ltd, 15 High Street, Jedburgh, Scottish Borders, TD8 6AQ
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