Exchange Street, Jedburgh, TD8

**CLOSING DATE SET - TUESDAY 16 JULY 2024 - 12NOON**

Retail / Office / Workshop / Residential Potential

A flexible retail space in a popular location.

An attractive self contained shop premises with arched frontage. The unit has been refurbished in recent years. It has most recently occupied as office accommodation and could be converted to residential given the necessary consents.

GIA 80.82 sqm (869 sqft)

LOCATION

The subjects are situated to the southwest of Jedburgh town centre.

Jedburgh is a traditional market town with a population of approximately 4,000. The town in steeped in history with a great many attractions including the Abbey, Jedburgh Jail and Museum and Mary Queen of Scots house. Accordingly, the area benefits from a significant level of seasonal tourist trade.

The settlement is situated to the south of the Scottish Borders close to Jed Water, a tributary to the River Teviot. The town is approximately 10 miles to the north of the border with England.

Exchange Street is a mixed-use area generally characterised by commercial uses at ground level with residential accommodation to upper levels to the eastern end predominately residential to the western end.

DESCRIPTION

Self-contained premises occupying the ground floor of a traditional three storey terraced building of sandstone construction under pitched roofs clad in slate.

There is an attractive arched frontage fitted with double glazed window and door. The unit has most recently been occupied as a carpet showroom.

AREAS The subjects have been measured in accordance with the International Property Measurements Standards 3 to the an approximate area of 80.82 sq m (869 sq ft).

E & oe Measurements taken with a laser measure

ACOMMODATION

The accommodation comprises:

Front shop, rear shop/ office, kitchen and wc.

EPC EPC F87

WHAT3WORDS///

armrests.shurg.fresh

RATEABLE VALUE

The Rateable Value effective from 01-April-2023 is £6,300.

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).