High Street, Peebles, Peeblesshire, EH45

Prime Town Centre Location
Planning Pending For Hot Food Conversion
Full Building
2,727sq ft
Rent: £40,000p.a.
Sale: Offers Invited

Location

The High Street and the surrounding area provide an eclectic mix of uses and both national and local / independent occupiers. Notable occupiers in the immediate vicinity include Boots, Fat Face, RBS and Greggs.

Peebles is an attractive market town situated in an area of outstanding beauty on the banks of the River Tweed and Eddleston Water 23 miles south of Edinburgh.

The town is the third largest in the Scottish Borders with a population in excess of 8,000 people and a wide surrounding rural carenment area. It is popular for its accessibility and proximity to Edinburgh and also as a year round tourist destination for its picturesque and unspoilt character

Peebles has a long history dating back to the 12th Century when the town was awarded its status of Royal Burgh. The entire town centre forms part of Lae reeves conservation.

Property

The subject comprise 2 commercial units set within a larger 2 storey mixed development of traditional construction surmounted by a pitched roof.

Area

The subjects have been measured on a net internal area basis and are calculated to extend to the following floor area;

62 High St (Frmr William Hill)
Ground: 127.67sqm (1,374sq ft)
1st: 67sqm (721sq ft)

Total: 194.67sqm (2,095sq ft)

64 High St (Cafe)
Ground: 28.74sqm (309sq ft)
Basement: 30sqm (323sq ft)

Total: 58.74sqm (632sq ft)

Planning

Our client has submitted a planning application for change of use to include a hot food consent for restaurant consent, further details available via the marketing agent

Rent

The property is available on a new full repairing and insuring head lease for a negotiable term for £40,000p.a.

Sale

Our client would consider disposing of their freehold interest, offers invited

V.A.T.

Prices quoted are exclusive of V.A.T.

E.P.C

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

L.B.T.T. & Registration Dues

Any L.B.T.T. or Registration Dues incurred in the transaction shall be borne by the tenant / purchaser.

V.A.T

Figures quoted exclusive of V.A.T.

Legal

Each party shall bear their own legal costs incurred in the transaction

Viewing

By appointment

Anti-Money Laundering

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 confirmed to and requested at the relevant time