The subjects are located on Jedburgh’s High Street, where the town is situated in the Scottish Borders, just south of the neighbouring towns of Selkirk and Kelso. Jedburgh is a particularly scenic area with features such as the Jed Water, Jedburgh Abbey, Castle, and surrounding hills.
Just off the A68, Jedburgh’s High Street is found centrally in the town and hosts multiple neighbouring businesses and amenities, such as a Co-op among various hotels, cafes, and takeaways.
Travel to nearby towns is available through a network of high-speed country roads, with direct access to Edinburgh via the A68. Borders Buses are also available in regular intervals.
The subjects are configured over the ground floor among a parade of similar commercial units with excellent street frontage. The spacious and uninterrupted open floor plan makes this property suitable for uses such as retail and office purposes, with a kitchenette and 3 WC’s (including 1 for disabled users).
The Large front windows allow lots of natural light to enter the premises. An additional out-building can be found out the rear of the premises for storage purposes. Free street parking is available all along the High Street.
According to our recent measurement survey, the subjects comprise of the following approximate net internal area:
• 61 sq. m (657 sq. Ft)
RENT & INCENTIVE
Our clients are seeking £7,800 per annum to let the premises on a new Full Repairing and Insuring (FRI) lease for a term to be agreed.
An incentive will be offered by way of reducing the rent to £100 per week (£5,200 per annum) for the 1st year.
There will be no VAT due on the lease.
The property is served by mains water, and electricity.
ENERGY PERFORMANCE RATING
The Energy Performance Certificate (EPC) rating is F.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £7,500. The uniform business rate for the current year is £0.498 pence in the pound (as of April 2020).
Occupiers may be eligible for 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.
Each party is responsible for their own legal and costs incurred in the preparation, negotiation, and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, ime DJK Group Ltd. EPC rating: F.
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