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Description

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

INCOME PRODUCING INVESTMENT*** Tenanted ground floor retail unit Held on a F.R.I Lease producing £6,000 per annum Running on Tacit. PRIME TOWN CENTRE. Low rent market rent is £9,000 PA***

The property is held on a full repairing and insuring head lease Tenant: Personal Names t/a Wilton Carpet of Hawick & Jedburgh Expiry: 31st July 2023 (running on tacit) Passing Rent: £6,000p.a

The property has been calculated to extend to the following internal floor area; Ground: 77.58sqm (835sq ft)

Internally the property is fitted out in accordance with the tenants corporate specifications with partitioned w.c facilities and staff area to the rear of the demise.

High Street holds a flourishing mix of cherished independent retailers, including clothing, gift & framing shops, chocolatiers, artisan butcheries, antiques, and wellness services

INCOME PRODUCING INVESTMENT*** Tenanted ground floor retail unit Held on a F.R.I Lease producing £6,000 per annum Running on Tacit. PRIME TOWN CENTRE LOCATION The property is held on a full repairing and insuring head lease Tenant: Personal Names t/a Wilton Carpet of Hawick & Jedburgh Expiry: 31st July 2023 (running on tacit) Passing Rent: £6,000p.a The property has been calculated to extend to the following internal floor area; Ground: 77.58sqm (835sq ft) Internally the property is fitted out in accordance with the tenants corporate specifications with partitioned w.c facilities and staff area to the rear of the demise. High Street holds a flourishing mix of cherished independent retailers, including clothing, gift & framing shops, chocolatiers, artisan butcheries, antiques, and wellness services

The historical market town of Jedburgh lies 10 miles north of the border with England, 35 miles east of Berwick-upon-Tweed and 50 miles south-east of Edinburgh. Lying just off the A68, it benefits from an abundance of passing trade and is a hugely popular tourist destination with Jedburgh Abbey and Jedburgh Castle firm highlights. The town itself is justifiably known as the ‘Jewel of the Borders’ with a variety of independent shops, restaurants, cafes and leisure facilities.

Full Address: 18 High Street, Tenanted Investment, Jedburgh, TD8 6AG

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £6,000 per year / £500 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: Held on F.R.I Lease Let to Wilton Carpets of Hawick & Jedburgh Lease on Tacit Passing Rent: £6,000p.a

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Pricing Information & Bidding

Opening Bid: £59,000

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Auction Details

Date & Time: 17 July 2025, 10am-3pm
Type: Timed Online Auction

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