Deadline for Offers

14 May 2021, 4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 21-22 The Square, Former TSB Bank, Kelso, Borders, TD5 7HH

VIEWING THURSDAY 13th May at 10am. Please call to book. PRIME TOWN CENTRE FORMER TSB BANK 802 sqft POTENTIAL HOT FOOD TAKEAWAY / RESTAURANT benefits from Class 1 & Class 2 consent, with Class 3 / hot food takeaway potential *** Rent Offers in excess of £20,000 per annum are invited. *** VAT FREE, no vat payable as not elected for vat.

*** VIEWING APPOINTMENT AVAILABLE TUESDAY 16TH MARCH 2021AT 5PM - CONTACT US TO SCHEDULE *** Nearby occupiers include M & Co, W.H Smith, Greggs, Fat Face, British Heart Foundation, Superdrug & Lloyd’s Pharmacy along with a number of local retailers.

The premises comprise the ground floor and basement within a three storey traditional sandstone building. The premises internally comprise a banking hall, a number of office rooms, staff welfare and WC facilities.

VIEWING THURSDAY 13th May at 10am. Please call to book. Qualifies for 100% rates relief in terms of the Small Business Bonus Scheme. Rent Offers in excess of £20,000 per annum are expected.

The historic and affluent market town of Kelso is situated in the Scottish Borders some 43 miles south of Edinburgh and 23 miles west of Berwick upon Tweed. The town has a resident population of approximately 5,700 and a wider population of approximately 10,300.

The premises comprise the ground floor and basement within a three storey traditional sandstone building. The premises internally comprise a banking hall, a number of office rooms, staff welfare and WC facilities. Accommodation The net internal areas are as follows - Rating The premises are entered into the 2017 Valuation Roll as follows: Rateable Value £13,800 Commercial Rate Poundage £0.498 (exclusive of water and sewerage rates) Qualifies for 100% rates relief in terms of the Small Business Bonus Scheme. Planning The premises benefit from Class 1 and Class 2 consent. Subject to securing the necessary consents the premises may be suitable for other uses. Rent Offers in excess of £20,000 per annum are invited. Energy Performance Certificate EPC Rating = E

The historic and affluent market town of Kelso is situated in the Scottish Borders some 43 miles south of Edinburgh and 23 miles west of Berwick upon Tweed. The town has a resident population of approximately 5,700 and a wider population of approximately 10,300. The property is situated in a prominent position close to The Square, the focal point of the town centre. There is on street parking as well as several public car parks in close proximity. Nearby occupiers include M & Co, W.H Smith, Greggs, Fat Face, British Heart Foundation, Superdrug & Lloyd’s Pharmacy along with a number of local retailers.

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Location

Pricing Information & Bidding

Guide Price: £115,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 14 May 2021, 4pm
Type: Deadline for Offers

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