High Street, Selkirk

Description

Ground floor retail premises

Double fronted unit

Within the core of Selkirk

Prime town centre location

Net Internal Area - 18.87 sq m (203 sq ft)

Offers Over £25,000            Ref. GC22-09

Description

26 High Street provides a double fronted unit to the ground floor of a traditional 19th century tenement with a subsequent second floor extension. The building now provides accommodation over three floor levels with residential accommodation to the upper levels and this ground floor retail unit accessed off a shared entrance hall. This unit is a self-contained regular shaped shop, currently fitted out as a hair salon complete with back wash salon basin and wall mounted electric shower. It is configured with the styling station to the rear and seating/waiting area to the front.

Areas

The property has been measured in accordance with the RICS Code of Measuring Practice to provide the following approximate floor areas:

Net Internal Area (Zone A) - 18.87sq m 203sq ft

E & oe measurements taken with a laser measure

What3words///

durations.herbs.nourished

General

26 High Street is situated in a prominent position fronting onto the High Street within Selkirk Town Centre.

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 in the Forest’ from the old English Sele (‘hall or manor’) Cirice (‘church’).

Selkirk has a population of 5,430 according to the 2020 Mid-Year Population Estimate compiled by the General Records of Scotland, a decrease of 6.06% over that recorded at the 2011 Population Census (5,780). 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 High Street is characterised by a mix of retail and office uses at ground level, generally with residential accommodation to upper levels. Nearby occupiers include a hardware store, coffee shop, solicitors, newsagent, hair salon, charity shop and a hot food takeaway.

Energy Performance Certificate

To be confirmed

Rateable Value

The subjects are assessed to a Rateable Value of £1,600 effective 01-Apr 2017.

small Business Rates Relief Scheme (SBRR) is currently understood to provide 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).

Rateable value/council tax information has been obtained from the Scottish Assessors Association website whilst believed to be correct, this information has not been verified.

Services

Mains electricity water and drainage is connected.

Licence

The subjects benefit from a full Premises Licence.

Tenure

Presumed Absolute Ownership following the Abolition of Feudal Tenure etc (Scotland) Act 2000. This should be confirmed by your solicitor.

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 purchaser will be liable for any stamp duty land tax, registration dues and VAT thereon.

Value Added Tax

Any prices are exclusive of VAT. The subjects are 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 transaction.

Viewing

By appointment with the sole agents.

Edwin Thompson, Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel. 01896 751300

Fax. 01896 758883

E-mail: s.sanderson@edwin-thompson.co.uk