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Lot 307

Guide Price: £115,000 - Bid Now

6 Roxburgh Street, Kelso, The Borders, TD5 7DH


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Key Features:

Large Restaurant and Take-away 1240 square feet in PRIME Kelso location ***FULL CLASS 3 CONSENT*** Rental potential £20,000 per annum. ***Vat Free Property.*** located in close proximity to The Square, the largest market square in Scotland. Nearby Superdrug, Co-op, TSB.


  • BENEFIT OF FULL RESTAURANT CONSENT. SUPER SIZE - 1238 SQUARE FEET. The unit is arranged over the ground (634 SQUARE FEET) and basement (604 SQUARE FEET). PLANNING. The subjects benefit from Class 3 (hot food) consent. WELL FITTED OUT WOULD APPEAL TO TENANTS AND OWNER OCCUPIERS.
  • Qualifies for 100% rates relief as rateable value is less than £15,000. (MAJOR BENEFIT FOR PROSPECTIVE TENANTS). EXCELLENT SPOT close to 60+ Car Parking spaces at "The Square" (ideal for customers) Superdrug, Co-operative Supermarket, M + Co, Boots etc. Rental potential up to £20,000 per annum. Popular market town.
  • Kelso is a busy market town 43 miles south of Edinburgh and is known as one of the most charming and quaint towns in the Borders. Great location near TSB, Greggs, M & Co, WH Smith, Boots CKD Galbraith and The Square (60 car parking spaces).
  • Ideal investment property for investors and owner occupiers as should let well given location, ample nearby parking and BENEFIT OF FULL CLASS 3 CONSENT. Kelso is a traditional market town with a relatively affluent catchment area with a higher than average disposable income supporting a good range of independent traders.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

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- Click the above link to automatically search the latest records for this post code. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.


Further Details:

Large Restaurant and Take-away 1240 square feet in PRIME Kelso location ***FULL CLASS 3 CONSENT*** Rental potential £20,000 per annum. ***Vat Free Property.*** located in close proximity to The Square, the largest market square in Scotland. Nearby Superdrug, Co-op, TSB. BENEFIT OF FULL RESTAURANT CONSENT. SUPER SIZE - 1238 SQUARE FEET. The unit is arranged over the ground (634 SQUARE FEET) and basement (604 SQUARE FEET). PLANNING. The subjects benefit from Class 3 (hot food) consent. WELL FITTED OUT WOULD APPEAL TO TENANTS AND OWNER OCCUPIERS. Qualifies for 100% rates relief as rateable value is less than £15,000. (MAJOR BENEFIT FOR PROSPECTIVE TENANTS). EXCELLENT SPOT close to 60+ Car Parking spaces at "The Square" (ideal for customers). Rental potential up to £20,000 per annum. Popular market town. Kelso is a busy market town 43 miles south of Edinburgh and is known as one of the most charming and quaint towns in the Borders. Kelso is a traditional market town with a relatively affluent catchment area with a higher than average disposable income supporting a good range of independent traders. Ideal investment property for investors and owner occupiers as should let well given location, ample nearby parking and BENEFIT OF FULL CLASS 3 CONSENT.

Guide Price: £115,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


The subjects are situated on the west side of Roxburgh Street located in close proximity to The Square, the largest market square in Scotland. Nearby occupiers include Superdrug, Co-op, TSB and British Heart Foundation. Kelso is a popular market town located in the Scottish Borders and is approximately 43 miles from Edinburgh. The town has a population of approximately 6,000 persons and benefits from good tourist trade throughout the year as it is home to tourist attractions such as Kelso Abbey ruins and Floors Castle. Ideal investment property for investors and owner occupiers.

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    23 October 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Edinburgh Marriott Hotel

  • 111 Glasgow Road, EH12 8NF


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form