Property Details

4 Murray Street
Scottish Borders
Scottish Borders
, Duns

£11,000 P.A.

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PropertyDescription

LOCATION
Duns is a historic town in the Scottish Borders, formerly the county town of berwickshire. Duns is situated approximately 45 miles east of Edinburgh, off the A1, and has an estimated population of 2700 (2006).
The property is located centrally in Duns, just off the Market square on Murray Street, near the junction with South/Easter Street.
Surrounding occupiers include a range of cafes, restaurants, takeaways, a pharmacy and several hotels and B&B’s.

DESCRIPTION

The interior is divided into five main compartments, with three main rooms, a storage room and a basement. The ground floor rooms do not have doors to separate the rooms, making this property very suitable for retail purposes.
According to the Use Classes Order 1997, the property has been classified as Class 1. Permitted uses of this property include e.g. the retail sale of goods, dry cleaning, cold food consumption on premises etc.

ACCOMMODATION
According to our recent measurement survey, the gross internal area is:
119.88 SQ M (1290 SQ FT)

SALE PRICE
The freehold acquisition price will be determined on application.

RENT
Our client is seeking rental offers of £11,000 per annum exclusive of VAT.

LEASE TERMS
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.

RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £9,500 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.

UTILITIES
The property is served by mains water and electricity.

ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending
A copy of the recommendation report is available on request.

LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.

ENTRY
Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME DJK Group Ltd.

PropertyOverview

  • Property ID:P489
  • Postal Code: TD11 3DE
  • Status:For Rent, May Sell
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:1,290 sq ft
  • Price:£11,000

ExtraInformation

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