Pub/bar for sale in The Valley, Selkirk TD7
£125,000
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Pub/bar for sale
Property features
- Two storey building within town centre
- Public bar and function suite
- Potential for conversion to flats, subject to necessary consents
- Town centre location
- Gross Internal Area - 447.04 sq m (5,111 sq ft)
Property description
Description
A detached building which is believed to date to around the 1960’s which appear of cavity construction under a flat roof. The building has a rendered external finish. Windows predominantly comprise UPVC double glazed replacement units.
The property provides a public bar to ground floor level with function suite to first floor level. It is situated within a mixed use area which is now largely residential.
Whilst well situated for continued use for licenced purposes.
Accommodation
The accommodation currently comprises:
Ground Floor: Entrance lobby, public bar, rear hall, office, ladies WC, west entrance with gents WC’s off and stairs to first floor level. Ancillary accommodation to the east comprising lobby with metal stairs to first floor level, storage cupboard, cellar with storage cupboard off.
First Floor: Landing, function suite with stage, storeroom/changing room, kitchen, bar, ladies and gents WC’s, rear stair.
Location
The subjects are situated at The Valley to the northwest of Selkirk Town Centre.
Selkirk has a population of 5,430 according to the 2020 Mid-Year Population Estimate compiled by the General Records of Scotland, a drop of nearly 8% over that recorded at the 2001 Population Census. The Town is conveniently situated within the centre of the Scottish Borders with good road links to the main towns in the area and the National Roads Network via the A7 arterial route. The Town is approximately five miles to the south of Galashiels and eleven miles to the north of Hawick – the two largest population centres within the Scottish Borders with populations around 14,000 and 16,000 respectively.
The Royal Burgh of Selkirk lies in the Selkirk Water a tributary of the River Tweed. The people of the town are known as the ‘Souters’ which means cobblers (‘shoemakers and menders’). Selkirk is one of the oldest Royal Burgh’s in Scotland it is reputed to have been the site of the earliest settlement within the Scottish Borders. ‘Selkirk’ means ‘Church of the Forest’ from the old English sele (‘hall or manor’) Cirice (‘church’).
Areas
The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate areas:
Gross Internal Area - 475.03 (5,111 sq ft)
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Satellite Navigation
For those with Satellite Navigation the Postcode is TD7 5DQ
Rateable Value
The Rateable Value is assessed to £12,700 effective from 01-April-2017.
Small Business Rates Relief Scheme (sbrr) currently provides up to 100% rates relief for units with a Rateable Value of £15,000 or less based on the combined total of all the occupiers business premises within Scotland (subject to application and eligibility). This relief is reviewed annually in accordance with the budget. The Rateable Value is below this threshold so 100% rates relief should be available to most occupiers subject to application and eligibility.
Services
Mains electricity, water and drainage.
Energy Performance Certificate
To be confirmed
Legal Costs
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 stamp duty land tax, registration dues and VAT thereon.
Entry
On conclusion of legal missives.
Ownership
Absolute Ownership
This property is sold subject to and with the benefit of all rights of way, whether public or private, and any existing or proposed wayleaves, servitude rights, restrictions and burdens of whatever kind, whether referred to in these particulars or not.
Value Added Tax
Any prices are exclusive of VAT. Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction.
Viewing
By appointment with the sole agents:
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP
Tel. Fax. E-mail:
A detached building which is believed to date to around the 1960’s which appear of cavity construction under a flat roof. The building has a rendered external finish. Windows predominantly comprise UPVC double glazed replacement units.
The property provides a public bar to ground floor level with function suite to first floor level. It is situated within a mixed use area which is now largely residential.
Whilst well situated for continued use for licenced purposes.
Accommodation
The accommodation currently comprises:
Ground Floor: Entrance lobby, public bar, rear hall, office, ladies WC, west entrance with gents WC’s off and stairs to first floor level. Ancillary accommodation to the east comprising lobby with metal stairs to first floor level, storage cupboard, cellar with storage cupboard off.
First Floor: Landing, function suite with stage, storeroom/changing room, kitchen, bar, ladies and gents WC’s, rear stair.
Location
The subjects are situated at The Valley to the northwest of Selkirk Town Centre.
Selkirk has a population of 5,430 according to the 2020 Mid-Year Population Estimate compiled by the General Records of Scotland, a drop of nearly 8% over that recorded at the 2001 Population Census. The Town is conveniently situated within the centre of the Scottish Borders with good road links to the main towns in the area and the National Roads Network via the A7 arterial route. The Town is approximately five miles to the south of Galashiels and eleven miles to the north of Hawick – the two largest population centres within the Scottish Borders with populations around 14,000 and 16,000 respectively.
The Royal Burgh of Selkirk lies in the Selkirk Water a tributary of the River Tweed. The people of the town are known as the ‘Souters’ which means cobblers (‘shoemakers and menders’). Selkirk is one of the oldest Royal Burgh’s in Scotland it is reputed to have been the site of the earliest settlement within the Scottish Borders. ‘Selkirk’ means ‘Church of the Forest’ from the old English sele (‘hall or manor’) Cirice (‘church’).
Areas
The subjects have been measured in accordance with the RICS Code of Measuring Practice to the following approximate areas:
Gross Internal Area - 475.03 (5,111 sq ft)
What3words///
watched .fastening. Chariots
Satellite Navigation
For those with Satellite Navigation the Postcode is TD7 5DQ
Rateable Value
The Rateable Value is assessed to £12,700 effective from 01-April-2017.
Small Business Rates Relief Scheme (sbrr) currently provides up to 100% rates relief for units with a Rateable Value of £15,000 or less based on the combined total of all the occupiers business premises within Scotland (subject to application and eligibility). This relief is reviewed annually in accordance with the budget. The Rateable Value is below this threshold so 100% rates relief should be available to most occupiers subject to application and eligibility.
Services
Mains electricity, water and drainage.
Energy Performance Certificate
To be confirmed
Legal Costs
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 stamp duty land tax, registration dues and VAT thereon.
Entry
On conclusion of legal missives.
Ownership
Absolute Ownership
This property is sold subject to and with the benefit of all rights of way, whether public or private, and any existing or proposed wayleaves, servitude rights, restrictions and burdens of whatever kind, whether referred to in these particulars or not.
Value Added Tax
Any prices are exclusive of VAT. Any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction.
Viewing
By appointment with the sole agents:
Edwin Thompson, Chartered Surveyors
76 Overhaugh Street
Galashiels
TD1 1DP
Tel. Fax. E-mail:
Property info
Arrange Viewing
For more information about this property, please contact
Edwin Thompson, TD1 on +44 1896 318948 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Edwin Thompson, and do not constitute property particulars. Please contact Edwin Thompson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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