Property Details
TD4 6BX
LetDescription
A prominent, light and bright corner retail unit in a prime town centre location
Retail - Earlston
A ground floor retail unit, with kitchenette and WC.
LOCATION
A prominent location in the heart of the town centre, on the corner of the High Street and The Green
AREAS
Areas can be summarised as follows:
Room Sqm
Shop 22.3
Secondary accommodation 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.
Property Features
- Retail
- Floor Area is 29.40 m²