Peebles is a popular market and commuter town on the banks of the river Tweed in the Scottish Borders lying approximately 22 miles south of Edinburgh on the A703.
The subjects are located in a purpose built industrial estate to the south of the town. There are several industrial units on the estate which are occupied by food suppliers, a brewery, printers and car garages. Until recently this unit was leased to a garden machinery company.
When driving along Peebles High Street in a westerly direction, turn left at the end of the High Street to cross the bridge over the river Tweed. After crossing the bridge turn immediately right, following Caledonian Road before branching right at the mini roundabout at the foot of Edderston Road, continue up South Parks for 300m before taking the second entrance into South Park Industrial Estate. The unit is the second unit on the right.
The subjects comprise the ground floor and mezzanine of industrial unit located within an estate of similar styled properties. The property is set back from the road and is enclosed by a fence behind which is a yard and parking leading to two separate entrances to the building.
The present configuration is ideally set out for a trade counter operator. The layout offers a front reception area leading into a sales area. Access leads to a larger storage facility which has a roller shutter door with 4.8m height access. Ladies and gents toilets, t-prep and staff facilities located off the storage area. A mezzanine level can be accessed from a staircase from the sales area. The mezzanine offers a small storage area and office space with windows to the front.
Internally the unit has a concrete floor.
According to our recent measurement survey the premises contain the following approximate net
425 sqm (4,575 sq ft)
Our client is seeking £15,000 per annum exclusive to grant a new lease.
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
According to the Scottish Assessor?s website (www.saa.gov.uk) the subjects have a Rateable Value of £14,700 effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 100% 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.
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate will be provided for on request.
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd.