To Let

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To Let
Class 1A
21A Old Town, Scottish Borders, Peebles, EH45 8JF
Tenure: To Let
Size: 353 sq ft (33 sq m)
Rent: Offers in the Region Of £800 Per Month
Gallery Map

Key Features

  • Single window shop/office unit with useable basement
  • Prominent location in the heart of Peebles Old Town
  • Suitable for a variety of Class 1A uses
  • Extends to an approximate net internal area of 32.79 sq m (353 sq ft)
  • Rental offers in the region of £800 per month (£9,600 per annum)

The subjects comprise a single window shop/office unit with timber frontage arranged over ground and basement of a three-storey tenement.

Internally, the unit is well presented providing open plan space with a high ceiling.  Lighting is provided by downlighters set within a ceiling mounted track and the flooring is a textured anti-slip covering.

The basement provides good storage space and is accessed via a fixed staircase to the rear of the unit.  It has carpet floor coverings, ceiling mounted light fittings and a WC compartment.

Peebles is an affluent market town situated 25 miles south-east of Edinburgh on the banks of the River Tweed in the Scottish Borders.

The subjects are located to the west of the town’s High Street on the north side of the A72 just prior to young Street.

Nearby occupiers include British Red Cross, Two Rivers Veterinary Practice, Castle Warehouse and Charcoal Grill.

Rent

Our client is seeking rental offers in the region of £800 per month (£9,600 per annum).

Terms

Our client is looking to lease the property on flexible terms for a period to be negotiated.

Utilities

The property is served by mains water and electricity.

Rateable Value

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects has a Rateable Value of £4,700 effective 1st April 2023.  The uniform business rate for the current year is £0.498 pence in the pound.

Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.

Energy Performance Certificate

Not required due to size of property.

Anti-Money Laundering

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.

Legal Costs

Each party shall bear their own legal costs with the eventual tenant liable for any Land and Building Transaction Tax (LBTT) and Registration Dues.

Iain W. Mercer

Head of Commercial Agency - Scotland
Email
07713 626 887
Bernadetta Majewska

Commercial Surveyor - Agency and Valuation
Email
07511 499 420
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