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10 Eastgate - Picture 1
Let

Marketed by

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10 Eastgate Eastgate, Peebles, EH45 8AD

Use Class

Use Class

E(a)

Size

Size

1,980 sq ft

Rent pa

Rent pa

£20,000

Market Sector

Market Sector

High Street Scheme

Description

Retail/Restaurant Unit

The subject property is situated on the south side of Eastgate which is a continuation of the High Street. Nearby occupiers include RBS, Boots, Costa and Greggs.

Location

Peebles is a popular market town located in the Scottish Borders, approximately 27 miles south of Edinburgh. The town is a busy commutertown and attracts many tourists due to its historical value. Peebles has a resident population of approximately 9,000 people and a wider catchment area of approximately 20,000 people. The town has seen strong retailer demand with recent deals concluded with Fat Face and Costa.

Key Information

Viewing

All viewings are strictly by prior arrangement with Eric Young & Co.

Legal

Each party to be responsible for their own legal costs incurred during the transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Accommodation

1,980 Sq.Ft

The unit comprises a ground, first and attic floor unit.

Areas
Sq.Ft
Sq.M
Ground Floor
833
77.4
First Floor Sales
512
47.6
First Floor Office
148
13.7
Attic
487
45.2

Financial

Lease Type

New Lease

Lease Term

The subjects are available from September 2016 by way of a new full repairing and insuring lease for a term to be agreed.

Rent

Offers in the region of £20,000 per annum exclusive are invited.

Rates

We have been verbally advised by the Rates Authority that the rateable value of the subjects with effect from 1 April 2017 is £23,900. (Each new occupier has the right of appeal against this figure). Based on a rate poundage of 46.6p this rateable value will result in an estimated rates liability in financial year 2017/18 of £11,137.

Rates

Rateable Year:
2018
Rateable Value:
£23,900.00
Rates payable:
£11,472.00
UBR:
48p/£

Sustainability

Energy Performance Certificate

154

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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