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Watch PropertyCommercial Premises, 18 Market Place Selkirk TD7 4BT

Commercial - Guide Price £90,000

Property Description

18 Market Place, a currently tenanted feuhold ground floor unit, brings a fantastic opportunity to the local commercial market in Selkirk. Located within the town centre, adjacent to the bus station and beside a very busy Spar, this commercial premises consists of a front shop area which is accessed from the main street and benefits from two large display windows, a rear shop area which is currently utilised as an excellent storage space and a WC with toilet and wash-hand basin. Extending to approximately 54m2 or 581sq ft, this premises would be perfect for a variety of business ventures but should appeal particularly to a commercial investor looking for immediate income upon completion. Viewings come highly recommended in order to fully appreciate. Tenancy Information: 18 Market Place has enjoyed multiple long-term tenancies through the current proprietors ownership of approximately 20 years. Current tenancy information will be provided to those who exhibit a serious interest in purchasing. Legal Costs: Each party shall be responsible for their own legal costs incurred in connection with the transaction with the purchaser liable for any LBTT and VAT. Rateable Value: According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have been entered into the valuation roll at £4,900. The uniform business rate for the current year is £0.49 pence in the pound. Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less Internal Dimensions: Front shop area 6.81x3.68m, WC, Rear shop area 5.30x2.89m BSPC Ref: 25164.

Key Features
  • Ground Floor Commercial Premises
  • Heavy Footfall
  • Central Location with Excellent travel links
  • Feuhold Commercial Property
  • Long Term Tenant Currently in Situ
  • Fantastic Commercial Investment Opportunity
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