Class 1A Retail Premises

 

Summary

  • Class 1A retail opportunity
  • Prominent High Street Location
  • Suitable for a variety of uses, subject to the necessary consents
  • Occupiers may benefit from 100% rates relief
  • Premises exceptionally refurbished and maintained to a high standard by the current tenants
  • Lease offers over £9,000 (Excl. of VAT) are invited

Accommodation

The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition, The following area has been calculated approximately.

Descriptionsq ftsq m
Retail 863 80.18
Total86380.18
18 High Street - Internal 1.jpeg

Location

Jedburgh has a population of approximately 4,000 and is situated on the A68. The town lies approximately 47 miles south-east of Edinburgh, 50 miles north-east of Carlisle and 56 miles north-west of Newcastle.

The nearest railway station to Jedburgh is located in Tweedbank, approximately 11 miles away. Tweedbank railway station provides a convenient rail link between Jedburgh and major cities across the UK, including Edinburgh, Glasgow, Newcastle and London, via connecting services.

More specifically, the subject premises at 18 High Street occupy a prominent position along Jedburgh's main thoroughfare, approximately 140 metres from the Mary Queen of Scots Visitor Centre, a major local landmark.

Nearby occupiers comprise a variety of established local businesses, including The Spread Eagle Hotel, Briggsy's Butchers, Jed Pharmacy and Stems of Jed.

Get directions from Google Maps

Further Information

Rent £9,000 per annum According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £8,000 per annum. It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 100% rates relief. Further details are available at www.saa.gov.uk.

Rates Payable According to the Scottish Assessors’ Associationwebsite, the subjects are noted to have a Rateable Value of£8,000. It should be noted under the terms of the Small Business Bonus Scheme, the property may be eligible for 100% ratesrelief. Further information is available at www.saa.gov.uk.


Description

The subjects comprise the ground floor of a three-storey plus attic, traditional stone-built Class 1A premises. The property benefits from a timber-framed double frontage incorporating single-glazed display windows secured by an internal security shutter,

The premises is surmounted by a pitched and slated roof. To the rear, the property benefit's from access to a shared car park.

Internally, the premises comprise a large open plan front retail area, currently fitted out as a carpet showroom, together with a stud-partitioned back-of-house area incorporating office and tea preparation facilities, storage accommodation and a WC to the rear. The property benefits from modern LED box lighting as well as natural lighting.

Lease Terms

Offers over £9,000 per annum (Excl. of VAT) are invited for a new Full Repairing and Insuring (FRI) lease.