Riverside Works, Edinburgh Road, Jedburgh, TD8

General Purpose Hybrid Business Unit

Unit 2 Riverside Works, Edinburgh Road, Jedburgh TD8 6EE

A modern business unit situated in a highly visible and easily accessible trading position on Edinburgh Road, adjacent to the northern entrance to Jedburgh, accessed via the A68 trunk road.

Flexible lease terms

Gross Internal Area as a whole 185 sq m (1,990 sq ft)

Guide Rent £8,400 per annum Ref. H370

General Information

The subjects comprise a modern business unit, constructed during the 1980s, situated in a good trading position to the north of Jedburgh, with access from the A68 trunk road.

The property forms part of Riverside Industrial Estate and is zoned for employment use, which includes Class 4 (business-offices), Class 5 (general industrial) and Class 6 (storage and distribution).

Jedburgh has a population of approximately 4000 and benefits from a central position with good road access to Edinburgh, Newcastle and the main towns in the central Borders. The sites position adjacent to the A68 trunk road and two major Woollen Mill retail outlets ensures a high level of passing trade and may provide an opportunity for further retail uses at the site, subject to planning.

Jedburgh is a traditional Market Town on the southern fringe of the Scottish Borders close to Jed Water, a tributary of the River Teviot, approximately 10 miles to the north of the border with England and benefits from good road links to the principal Borders towns and a national road network via the A68 trunk road. Newcastle airport is approximately 52 miles south while Edinburgh airport lies around 54 miles north.

Description

The building comprises a modern steel framed unit with cavity brick/concrete blockwork external and dividing walls, constructed during the 1980s. The building benefits from concrete floors throughout and full height windows to the western elevation provide a high level of natural light and potential to create a pleasant atmosphere for office use.

Areas:

Front Workshop 73 sq m / 786 sq ft

Store 53 sq m / 570 sq ft

Total: 185 sq m / 1,990 sq ft

Services

Mains water, electricity, drainage and gas.

Lease Terms

Available by way of a new FRI lease.

Terms by negotiation.

Rental

Rental offers of £8,400 per annum are invited.

The rent will include building insurance, and rates in respect of this unit. The tenant of this unit will be responsible for a fair proportion of the utility bills in respect of the building and the proportion of this cost will be detailed within the lease documentation, depending on proposed use.

Rateable Value

According to the Scottish Assessor’s Association Website this unit is assessed to a Rateable Value of £9,300 per annum effective from 01-Apr-20123.

The Small Business Rates Relief Scheme provides rates relief to help small businesses in Scotland. 100% rates relief is available for business with a combined rateable value (of all business premises in Scotland) with a Rateable Value of £12,000 or less subject to application and eligibility.

Further details are available from the Business Rates Team at Scottish Borders Council. Tel. 0845 3000341.

Legal Costs

The tenant will be responsible for the Landlords reasonable costs in connection with the preparation of the lease agreement.

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

Value Added Tax

Any prices are exclusive of VAT. The property is not understood to be elected to VAT. However, any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction

Fixtures and Fittings

Only items specifically mentioned in the particulars of sale are included in the price.

Viewings

Strictly by appointment with the sole agents:

Edwin Thompson LLP Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel: 01896 751 300

Fax: 01896 758883

Email: [email protected]