Prime Retail Unit To Let
Peebles is a popular market town located in the Scottish Borders, approximately 27 miles south of Edinburgh. The town is a busy commuter town and attracts many tourists due to its historical value. Peebles has a resident population of approximately 9,000 people and a wider catchment area of approximately 20,000 people.
The town has seen strong retailer demand. The subject property is situated on the north side of the High Street. Nearby occupiers include Bank of Scotland, Greggs, Semichem and Rogerson Shoes.
The subjects are arranged over ground and basement levels extending to the following approximate net internal areas:
Ground Floor: 850 sq ft / 79 sqm
Basement: 757 sq ft / 70.35 sqm
The subjects are available by way of a new full repairing and insuring lease for a term to be agreed.
Offers over £18,000 pa exclusive of VAT are invited.
Rateable Value: £17,100
UBR (2023/24): £0.498
Rates Payable: £8,516 pa
The property benefits from having Class 1A consent. This property has an EPC rating of G.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.
ORINSEN, their clients and any joint agents give notice that:
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.