icons_size_white icons_size

TOWN CENTRE KELSO COMMERCIAL UNIT - GROUND & BASEMENT WITH RETURN FRONTAGE

For sale: POA|To rent: ROA|769 Sq Ft|Retail, Mixed use, Retail - High Street, Retail - Out of Town, Office, Other Property Types & Opportunities, Offices

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE769 Sq Ft
ADDRESSTsb Plc, 21-22 The Square, Kelso, Scottish Borders, TD5 7HH
TYPERetail, Mixed use, Retail - High Street, Retail - Out of Town, Office, Other Property Types & Opportunities, Offices
TENURETo Let, For Sale Freehold
POSTED ON6th March 2021

DESCRIPTION

Prime Centre Location
Established Trading Locale
Ground & Basement
769sq ft
Rates Exempt
Rent: £15,000p.a
Sale: Price on Request

Location

The property is situated on the south side of The Square, equi distant with its junctions with Bridge Street and Roxburgh Street within Kelso’s town centre.

Kelso is a traditional market town with a relatively affluent catchment area with a higher than average disposable income. The town is readily accessible with good road links to Edinburgh and Newcastle-upon-Tyne as well as a main line railway station approximately 25miles east of Berwick-upon-tweed.

Nearby occupiers include M&Co, W.H Smith, Greggs, Dorothy Perkins & Lloyd’s pharmacy along with a number of local retailers.

Property

The property comprises ground floor and basement retail unit set within a larger 3 storey mixed use development of traditional sandstone construction having been rendered and painted. The demise is surmounted by a pitched roof, overlaid in slate.

Occupying a prominent ground floor position, the property offers twin large display windows and partially recessed entrance secured by twin storm doors, the entrance benefits from constructed, concrete disabled ramp access.

Internally, the property has been fitted out in accordance with the former tenant, T.S.B, corporate specification with a variance of floor coverings such as carpet and linoleum with lighting provided by way of halogen spots and fluorescent strips within the suspended ceiling, with access to the basement by way of a single staircase to the rear offering further storage facilities.

Area

The property has been calculated on a net internal area basis to offer the following:

Ground 59.46sqm (640sq ft)
Bsm 12sqm (129sq ft)

Total: 71.46sqm (769sq ft)

NAV/RV

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

£13,800

Rent

The property is available on a new full repairing and insuring head lease for a negotiable term for £15,000p.a

Sale

Our client would consider disposing of their freehold interest, price on request.

V.A.T

Figures quoted are exclusive of V.A.T

Title & Lease’s

Available on request

Viewing

By appointment

Legal

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

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.

LOCATION

Location: Tsb Plc, 21-22 The Square, Kelso, Scottish Borders, TD5 7HH
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here