Horsemarket, Kelso, TD5

BRIEF RESUME

A self-contained double fronted retail unit with central access door occupying the ground floor of a three-storey building believed to date to the 1980s. The building is of render faced cavity construction under a pitched roof clad in slate.

N/A 52.79 sqm (568 sqft)

LOCATION

The subjects are situated on Horsemarket which is conveniently situated within the centre of Kelso just off the Market Square within easy walking distance of all local amenities.

Kelso is a traditional Market Town with a relatively affluent catchment area providing higher than average disposable income supporting a good range of independent traders. Kelso and the surrounding area has become one of the most sought after residential areas in the Scottish Borders. The town benefits from an attractive setting with a buoyant market square offering an excellent range of shops and restaurants.

It is situated in a central position within the Scottish Borders approximately forty miles south of Edinburgh, around eighteen miles east of Galashiels.

Kelso is considered an important local employment and retail centre serving a wide rural hinterland. It is within an historic setting with great many attractions within the town and surrounding area. The settlement benefits from a historic setting attracting a high level of seasonal tourist trade. Recreational facilities in the area include a selection of rural walks and cycle routes, leisure and fitness centres, a popular National Hunt racecourse, golf course, ice rink and swimming pool, a wide range of sporting clubs and world-renowned fishing on the River Tweed. There are schools for all age groups within the town.

AREAS

The subjects have been measured in accordance with the RICS Codes of Measuring Practice to a Net Internal Area and ITZA of approximately 52.79 sq m (568 sq ft).

E & oe Measurements taken with a laser measure

ACOMMODATION

Internally the unit is of regular shape, currently sub-divided to provide front shop, utility room with access to store/ preparation room and WC with separate lobby.

EPC

EPC Pending

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RATEABLE VALUE

The Rateable Value effective from 01-April-2023 is £7,300.

The Small Business Rates Relief Scheme (SBRR) currently offers 100% rates relief for units of a Rateable Value of £12,000 or less based on the combined total of all the occupier business premises within Scotland (subject to application and eligibility).

SERIVCES

Mains water, electricity and drainage are understood to be connected.

TENURE

Presumed Absolute Ownership following the abolition of Feudal Tenure (Scotland) Act 2000. This should be confirmed by your Solicitor.

VALUE ADDED TAX

Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.

PLANNING USE CLASS

Class 1A—Shops and financial, professional and other services. Permitted changes allow change of use to class 3 and 4 subject to the necessary consents.

VIEWING

By appointment with the sole agents.

Edwin Thompson Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel: 01896 751 300

IMPORTANT NOTICE

Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:

1. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.

2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers

should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.

3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.

4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.

5. These particulars were prepared in March 2023

Edwin Thompson is the generic trading name for Edwin Thompson Property Services Limited, a Limited Company registered in England and Wales (no.07428207).