Vacant Commercial Property LOT 41

78 High Street, Full Building, Peebles, EH45 8SW
GUIDE PRICE

Deadline for Offers

25 June 2021, 4pm

Bidding Closes in

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

Description

Full Address: 78 High Street, Full Building, Peebles, EH45 8SW

PRIME TOWN CENTRE FULL BUILDING POTENTIAL HOT FOOD TAKEAWAY / RESTAURANT on ground floor benefits from Class 1 & Class 2 consent, with Class 3 / hot food takeaway applied for. *** Rent Offers in excess of 25,000 per annum are invited for ground floor. 1st Floor now let as dog groomers at 3k pa. *** VAT FREE, no vat payable as not elected for vat.

The premises are prominently situated on the north side of the busy High Street. Nearby occupiers include Bank of Scotland, Semi Chem, Costa, Greggs, Fat Face, Boots and many independent retailers.

Rent Offers in excess of 25,000 per annum are invited for ground floor. 1st Floor now let as dog groomers at 3k pa. Total building rental potential of 28k pa. 10% + Yield Opportunity. Large back rear garden & outbuildings.

Planning - The property benefits from Class 1 & Class 2 consent, however, subject to planning, could lend itself to Class 3 / hot food takeaway. *** HOT FOOD CLASS 3 PLANNING APPLICATION SUBMITTED.

The Royal Burgh of Peebles on the River Tweed lies in the Scottish Borders, 22 miles south of Edinburgh and is a popular and historic tourist and commuter town.

The premises comprise a double frontage ground floor retail unit within a two storey building. Internally the premises comprises a former banking hall, a number of small offices, staff welfare and WC facilities. Rating The premises are entered into the 2017 Valuation Roll as follows: Rateable Value 17,900. EPC Rating = G A copy of the EPC and Recommendation Report can be provided on request. The net internal areas are as follows - Ground Floor 724 sqft. Rent Offers in excess of 25,000 per annum are invited for ground floor. 1st Floor now let as dog groomers at 3k pa. TOWN CENTRE FULL BUILDING POTENTIAL HOT FOOD TAKEAWAY / RESTAURANT on ground floor benefits from Class 1 & Class 2 consent, with Class 3 / hot food takeaway applied for. *** VAT FREE, no vat payable as not elected for vat. Large back rear garden & outbuildings.

The Royal Burgh of Peebles on the River Tweed lies in the Scottish Borders, 22 miles south of Edinburgh and is a popular and historic tourist and commuter town. The premises are prominently situated on the north side of the busy High Street. Nearby occupiers include Bank of Scotland, Semi Chem, Costa, Greggs, Fat Face, Boots and many independent retailers.

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Floorplans

78  High Street, Full Building  Peebles

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Location

Pricing Information & Bidding

Guide Price: £215,000


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.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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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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: 25 June 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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