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HIGH STREET, PEEBLES - TO LET / FOR SALE - PRIME TOWN CENTRE RETAIL UNIT

For sale: POA|To rent: ROA|Retail, Mixed use, Office, Retail - High Street, Leisure Property, Showroom, Other Property Types & Opportunities, Offices, Licensed & Leisure

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
ADDRESSMackays Stores Ltd, 42-44 High Street, Peebles, Scottish Borders, EH45 8SD
TYPERetail, Mixed use, Office, Retail - High Street, Leisure Property, Showroom, Other Property Types & Opportunities, Offices, Licensed & Leisure
TENURETo Let, For Sale Freehold
POSTED ON25th October 2020

DESCRIPTION

Prominent Frontage
Prime Location
Ground & Basement
2,342sq ft
Rent: £37,500p.a.x
Sale: P.O.A

Location

The property is situated on the north side of High Street within Peebles town centre. The Royal Burgh of Peebles on the River Tweed, lies in the Scottish Borders, 22 miles south of Edinburgh and is a popular and historic tourist and commuter town. The property is prominently situated on the north side of the busy High Street close to its junction with Eastgate. Nearby occupiers include British Heart Foundation, SemiChem, Bank of Scotland, Costa, Greggs, Fatface, Boots and Nationwide

Property

The property comprises a substantial ground floor and basement retail unit set within a larger 3 storey mixed use development of traditional stone construction surmounted by a pitched roof overlaid in slate.

The unit offers a prominent frontage with 4 no. large display windows with access gained via a recessed single door entrance. Internally the property is lit by way of fluorescent strips and halogen spots recessed within the suspended acoustic tile ceiling with floors being overlaid with ceramic tile.

Partitions have been erected to form storage area, male and female w.c. facilities, staff tea prep and office.

The basement offers ancillary storage space and its accessible via a single staircase.

Area

The property has been measured on a net internal area basis and calculated to offer the following;

Ground: 179.39sqm (1,931sq ft)
Basement: 38.2sqm (411sq ft)

Total: 217.59sqm (2,342sq ft)

NAV/RV

The property has been entered onto the valuation roll with the following NAV/RV

£39,600

Rent

The property is available on a new full repairing and insuring head lease for a negotiable term for £37,500p.a.x.

Sale

Our client would dispose of their freehold interest in the property, price on application

V.A.T.

Prices quoted are exclusive of V.A.T.

E.P.C.

Available on request

Legal

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

Viewing

Available by appointment

LOCATION

Location: Mackays Stores Ltd, 42-44 High Street, Peebles, Scottish Borders, EH45 8SD
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