Tenanted Commercial LOT 24

7-8 Market Place, Jedburgh, TD8 6AP
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Special Terms of Sale

  • Buyers Fee (?) 2% of Sale Price (Minimum of £2500 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING VAT FREE INVESTMENT*** Ground floor commercial premises with 3 years unexpired on a FRI lease producing £8,500 pa

Entering the subjects through number 8, the front shop area is well presented and benefits from a large display window. To the rear is a staff corridor with store, WC and small tea prep area.

PROMINENT POSITION within High Footfall location. EXTREMELY HIGH DEMAND LOCATION CLOSE TO A NUMBER OF NATIONAL RETAILERS within thriving town centre.

The property extends to the following internal area; Ground Floor: 57.84 sq m (623 sq ft) The subjects comprise inter-connecting shop units forming the ground floor of a three storey property.

Market Place is the town’s commercial centre, featuring a mix of independent shops, cafés, and essential services.

INCOME PRODUCING VAT FREE INVESTMENT*** Ground floor commercial premises with 3 years unexpired on a FRI lease producing £8,500 pa Entering the subjects through number 8, the front shop area is well presented and benefits from a large display window. To the rear is a staff corridor with store, WC and small tea prep. PROMINENT POSITION within High Footfall location. EXTREMELY HIGH DEMAND LOCATION CLOSE TO A NUMBER OF NATIONAL RETAILERS within thriving town centre. The property extends to the following internal area; Ground Floor: 57.84 sq m (623 sq ft) The subjects comprise inter-connecting shop units forming the ground floor of a three storey property. Market Place is the town’s commercial centre, featuring a mix of independent shops, cafés, and essential services.

Market Place is the town’s commercial centre, featuring a mix of independent shops, cafés, and essential services. Jedburgh is situated 10 miles from the English border, making it a key stop on the A68, which connects Edinburgh to Newcastle. A68 provides easy travel to Edinburgh (1 hour) and Newcastle (1 hour). Convenient access to Kelso, Hawick, and Galashiels. Regular bus services connect Jedburgh to other towns in the Scottish Borders and further afield. The nearest train stations are in Tweedbank and Berwick-upon-Tweed.

Full Address: 7-8 Market Place, Jedburgh, TD8 6AP

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 3 Years
Rent: £8,500 per year / £708 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes: Let on FRI terms until 15th September 2028 £8,500 pa

Document Downloads

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Pricing Information & Bidding

Opening Bid: £68,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 27 March 2025, 10am-3pm
Type: Timed Online Auction

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