Riverside Works, Edinburgh Road, ... Property to rent - £700 pcm (£162 pw)
Riverside Works, Edinburgh Road, Jedburgh, TD8
£700
Description
General Purpose Hybrid Business UnitUnit 2 Riverside Works, Edinburgh Road, Jedburgh TD8 6EEA modern business unit situated in a highly visible and easily accessible trading position on Edinburgh Road, adjacent to the northern entrance to Jedburgh, accessed via the A68 trunk road.Flexible lease termsGross Internal Area as a whole 185 sq m (1,990 sq ft)Guide Rent £8,400 per annum Ref. H370General InformationThe subjects comprise a modern business unit, constructed during the 1980s, situated in a good trading position to the north of Jedburgh, with access from the A68 trunk road.The property forms part of Riverside Industrial Estate and is zoned for employment use, which includes Class 4 (business-offices), Class 5 (general industrial) and Class 6 (storage and distribution).Jedburgh has a population of approximately 4000 and benefits from a central position with good road access to Edinburgh, Newcastle and the main towns in the central Borders. The sites position adjacent to the A68 trunk road and two major Woollen Mill retail outlets ensures a high level of passing trade and may provide an opportunity for further retail uses at the site, subject to planning.Jedburgh is a traditional Market Town on the southern fringe of the Scottish Borders close to Jed Water, a tributary of the River Teviot, approximately 10 miles to the north of the border with England and benefits from good road links to the principal Borders towns and a national road network via the A68 trunk road. Newcastle airport is approximately 52 miles south while Edinburgh airport lies around 54 miles north.DescriptionThe building comprises a modern steel framed unit with cavity brick/concrete blockwork external and dividing walls, constructed during the 1980s. The building benefits from concrete floors throughout and full height windows to the western elevation provide a high level of natural light and potential to create a pleasant atmosphere for office use.Areas:Front Workshop 73 sq m / 786 sq ftStore 53 sq m / 570 sq ftTotal: 185 sq m / 1,990 sq ftServicesMains water, electricity, drainage and gas.Lease TermsAvailable by way of a new FRI lease.Terms by negotiation.RentalRental offers of £8,400 per annum are invited.The rent will include building insurance, and rates in respect of this unit. The tenant of this unit will be responsible for a fair proportion of the utility bills in respect of the building and the proportion of this cost will be detailed within the lease documentation, depending on proposed use.Rateable ValueAccording to the Scottish Assessor’s Association Website this unit is assessed to a Rateable Value of £9,300 per annum effective from 01-Apr-20123.The Small Business Rates Relief Scheme provides rates relief to help small businesses in Scotland. 100% rates relief is available for business with a combined rateable value (of all business premises in Scotland) with a Rateable Value of £12,000 or less subject to application and eligibility.Further details are available from the Business Rates Team at Scottish Borders Council. Tel.[use Contact Agent Button].Legal CostsThe tenant will be responsible for the Landlords reasonable costs in connection with the preparation of the lease agreement.In the normal manner, the in-going tenant will be liable for any stamp duty, land tax, registration dues and VAT incurred thereon, where applicable.Value Added TaxAny prices are exclusive of VAT. The property is not understood to be elected to VAT. However, any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transactionFixtures and FittingsOnly items specifically mentioned in the particulars of sale are included in the price.ViewingsStrictly by appointment with the sole agents:Edwin Thompson LLP Chartered Surveyors76 Overhaugh StreetGalashielsTD1 1DP[use Contact Agent Button]Fax:[use Contact Agent Button][use Contact Agent Button] Last added