Seasons, Gattonside, Melrose
Letting details
- Let available date:
- Ask agent
- Let type:
- Long term
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- Fantastic Location
- Well Established Restaurant
- Scope to Expand Opening Hours
- Close to Melrose, Galashiels Interchange & Transport Links
- Fixtures & Fittings Included
Description
Available for purchase as a lease, with full freehold option also available, Seasons is a fantastic opportunity for an enthusiastic chef or hospitality couple to continue the well regarded restaurant, with plenty of scope to extend opening hours and diversify further.
Features - •Location – Gattonside and nearby Melrose are well established eatery hot spots and particularly desirable areas within the Scottish Borders.
•Local Events – the area is filled throughout the year with annual events bringing excellent tourist trade – such as the Borders Book Festival, Rugby Sevens, Melrose Festival, local Horse Racing, Abbey Ways walks, fishing on the Tweed etc.
•Well Established – having traded as a restaurant for well over 20 years under just a handful of successful owners, the location is well known to locals and visitors alike and rates well on Tripadvisor.
•Scope to Increase Turnover – currently trading Friday to Saturday only, there is excellent opportunity to increase opening hours, offer a takeaway service, extend offering to breakfast and lunches etc.
•Internal Fittings – the kitchen has been recently refitted and is well designed and proportionate to the size of covers within the restaurant. The intimate nature of the seating areas creates a fantastic atmosphere, with a small bar and permission for outdoor table and chairs.
Lease - A leasehold option is available by negotiation, with the leasehold priced at £27,500, with a rent per month of £1500 thereafter, and three months’ rent payable upfront as a deposit. Prospective leaseholder will be required to employ their own Scottish solicitor to negotiate terms and will be required to show proof of funds and prospective business plan.
Services - Mains water, drainage and electricity.
Additional Information - Trading figures will be made available at the owners discretion to enquirers in a position to progress following initial viewing.
Business Rates - Small Business Relief
Viewing - To arrange a viewing contact the selling agents, Hastings Legal & Property on 01573-225999- lines open until 10pm 7 days a week.
Price & Marketing Policy - The Leasehold price is £27,500 with a rent per months of £1500 and deposit of £4500.
Interested parties should contact Hastings Property Shop, 28 The Square, Kelso, TD5 7HH, , Fax . The seller reserves the right to sell at any time and interested parties will be expected to provide the Selling Agents with advice on the source of funds with suitable confirmation of their ability to finance the purchase.
All measurements are approximate and are taken at the widest point. Whilst these particulars have been carefully prepared, no guarantee is given as to their accuracy and they shall not form part of any contract to follow hereon.
Brochures
Seasons, Gattonside, MelroseSeasons, Gattonside, Melrose
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tweedbank Station1.2 miles
- Galashiels Station3.2 miles
Hastings Legal are solicitors and estate agents based in Kelso in the Scottish Borders offering a full range of legal and property services. As one of the largest property solicitors in the Borders, and internet marketing specialists, we are committed to providing a seamless service to save you time, stress and money.
Notes
Disclaimer - Property reference 32558104. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Borders Country Lets, Kelso. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.