Riverside Works, Edinburgh Road, Jedburgh, TD8

Prominent roadside position & visibility to Edinburgh Road

Scope for large signage

Unit 1A - 200.08 sq m (2,153 sq ft)

Guide Rent of £9,700 per annum

Description

Unit 1A forms part of a steel framed building which is finished with cavity walls with rendered finish to the rear and north elevation, brick faced to the front and part of the south elevation.

Internally, the unit has a solid concrete floor throughout with double glazed hardwood framed windows to the front elevation providing prominent visibility from the A68 / Edinburgh Road. Eaves height is approximately 3.90m high. Ridge height at its highest point is around 5.15m. Lighting comprises a mix of sodium and florescent units. Internal divisions are predominantly of painted blockwork specification.

There are a number of double doors along the rear elevation providing vehicular access.

Location

Riverside Works occupies a gateway site to the northern entrance to Jedburgh. It has prominent visibility to Edinburgh Road.

Jedburgh is a traditional Market Town to the southern fringe of the Scottish Borders close to Jed Water, a tributary of the River Teviot approximately ten miles north of the Anglo-Scottish Border at Carter Bar.

Jedburgh’s historic setting attracts a significant influx of seasonal visitors. The Conservation Area covers much of the historic core including the Abbey and Castle Gaol. The Abbey was founded by David I in 1138 and was destroyed on the Borders of Henry VIII of England. It is the most complete surviving Abbey in the Borders despite having been burned ‘nine times’. The Castle Gaol is situated at the highest point in the Town, built on the site of a medieval castle. It was once reputed to be the most important strong hold in the Scottish Borders.

It is a thriving Town, the centre offers a broad mix of independent shops, restaurants and businesses. Leisure and sporting facilities include a multi-use games area, 2G hockey pitch, 3G sports pitch, 100m synthetic running track, 300m grass track, bowling green gym, swimming pool and a wide range of sporting clubs such as rugby, football and golf.

The Town benefits from good road links to the principal Border Towns as well as the National Roads Network via the A68 Trunk Road. Newcastle Airport is approximately fifty-two miles south. Edinburgh Airport is around fifty-five miles north. The Borders Railway provides direct access to Edinburgh from Galashiels and Tweedbank.

Areas

The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate Gross Internal Floor Areas:

Unit 1A - 200.08 sq m (2,153 sq ft)

E & oe measurements taken with a laser measure.

Services

Mains electricity, water and drainage.

Rateable Value

The subjects have been assessed to a Rateable Value of £7,100 effective from 01-April-2023.

Rateable value information has been obtained from the Scottish Assessors Association website. Whilst believed to be correct, this information has not been independently verified.

Small Business Rates Relief Scheme (SBRR) currently provides up to 100% rates relief for units with a Rateable Value of £12,000 or less based on the combined total of all the occupiers business premises within Scotland (subject to application and eligibility. This relief is reviewed annually in accordance with the budget.

Lease Terms

Available by way of a new Full Repairing and Insuring lease. Other terms by negotiation.

Legal Costs

Each party will be responsible for their own legal costs incurred in connection with this transaction.

In the normal manner, the in-going tenant will be liable for any stamp duty land tax, registration dues and VAT thereon.

Value Added Tax

Any prices are exclusive of VAT. The subjects are mot understood to be elected to VAT.

Viewing

By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel. 01896 751300

Fax. 01896 758883

E-mail: [email protected]