No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Shop

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Shop
0 bed
0 bath

Property description & features

  • A superb double frontage on the High Street and The Green
  • Double glazed display windows
  • Kitchenette and WC facilities
  • Main shop approximately 22.3 sq M
  • Ancillary accommodation approximately 7.1 sq M
  • Assignation of Full Repairing and Insuring Lease
  • EPC Rating – EPC exempt (below sized threshold).

LOCATION

A prominent location in the heart of the town centre, on the corner of the High Street and The Green

DESCRIPTION

A ground floor retail unit, with kitchenette and WC.

AREAS

Areas can be summarised as follows:

Room                     Sqm

Shop                       22.3

Secondary              7.1

Totals                      29.4

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 £3,800. 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 March 2020. Further details available on request.

ENTRY

Immediate entry available.

VAT

There is no VAT applicable on the rent.

ASKING RENT

An asking rent of £400 per month (£4,800 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 July 2022

CONNECTED PARTIES

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


Places of interest

    Request viewing/info
    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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    *DISCLAIMER

    Property reference 8IMIxVMVe-4. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Walker Scott Ireland - Peebles.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.