- Investment opportunity
- New five year lease from January 2019
- Rental income £7,800 per annum
- C. 10% return per annum
- Excellent Trading Position
- Net internal floor area: 117.42 sq m (1,263 sq ft)
Jedburgh is a traditional market town with a population of approximately 4,000. The town in steeped in history with a great many attractions including the Abbey, Jedburgh Jail and Museum and Mary Queen of Scots house. Accordingly the area benefits from a significant level of seasonal tourist trade.
It is a gateway town to the south of Scotland approximately 10 miles to the north of the border with England and benefits from good road links to the principal Borders towns and the national road network via the A68 trunk road. Newcastle airport is approximately 52 miles south while Edinburgh airport lies around 54 miles north.
Self contained former Post Office occupying excellent trading position within Jedburgh High Street.
The accommodation comprises:
Front Shop widening to central section; stairs to west leading to hallway with access to ancillary accommodation; stairs down to basement storage; rear shop with Post Office counter to rear.
Ancillary accommodation comprises kitchen/staff room and WC with low flush unit to
wash hand basin.
Net Internal Area 117.42 sq m (1,263 sq ft)
The rateable value has been assessed to £7,200 effective from 01 April 2017.
The Small Business Bonus Scheme provides rates relief to help small businesses in Scotland. Where a business’s combined (all business premises in Scotland) rateable value is £15,000 or less up to 100% relief is available subject to eligibility (Current 2018/19). Further details are available from the Business Rates Team of Scottish Borders Council.
On the conclusion of legal missives.
Value Added Tax
Unless otherwise stated the prices quoted are exclusive of VAT. Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction.
Each party will be responsible for their own legal costs incurred in connection with this transaction.
In the normal manner, the in-going tenant will be liable for any land and buildings transaction tax, registration dues and VAT thereon.
Strictly by appointment with the sole agents Edwin Thompson llp
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