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Description

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

Prominent Corner Building Ground Floor Former Bank V.A.T Free. Potential Change to Retail / Residential 818sq ft E.R.V: £12,000p.a

The property has been calculated to extend to the following internal area; 76sqm (818sq ft)

Newcastleton (also known as Copshaw Holm) is a village in Liddesdale on the Liddel Water, a few miles north of the English border.

The property comprises the ground floor only of a larger 2 storey C-listed red sandstone building beneath a multi-pitched slate covered roof.

NAV/RV - £5,000 the property qualifies for rates exemption under the small business bonus scheme

The property comprises the ground floor only of a larger 2 storey C-listed red sandstone building beneath a multi-pitched slate covered roof. Internally, the property is arranged over ground floor only with an open plan customer service area to the front with a large office and storage room to the side. The book room with strong door and a small kitchen area and WC are situated towards the rear of the property. The property has been calculated to extend to the following internal area; 76sqm (818sq ft) NAV/RV - £5,000 the property qualifies for rates exemption under the small business bonus scheme We have been verbally advised that the property is not elected for V.A.T

The subject property is located centrally within the village on Douglas Square at the junction of Langholm Street and the B6357. Newcastleton (also known as Copshaw Holm) is a village in Liddesdale on the Liddel Water, a few miles north of the English border. It sits within the county of Roxburghshire, 24 miles north of Carlisle and 74 miles south of Edinburgh. The village has a population of less than 800 which is served by two direct bus services to Hawick and Carlisle.

Full Address: 10 Douglas Square, Newcastleton, TD9 0DQ

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Pricing Information & Bidding

Opening Bid: £32,000

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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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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction

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