BID NOW AVAILABLE - The seller may consider a bid now - Submit an offer now >>

Lot 315

Guide Price: £107,500 - Bid Now

12 Market Square, Duns, Borders, TD11 3DA


GO TO...  Map  Viewings  Floorplan  Auction Details   How To Bid

Key Features:

PRIME DUNS former 'RBS BANK' 35 minutes to Melrose within Impressive Sandstone Building in Excellent Town Centre Location within a handsome sandstone building facing Bank of Scotland, near Co-op.


  • The property comprises the ground floor a beautiful building affluent DUNS near Melrose. Windows throughout are timber framed and single glazed sash and case windows. ***VAT FREE PROPERTY***
  • SUPER LOCATION AFFLUENT Duns is formally the county town of Berwickshire in the Scottish Borders. It still retains the air of an old Scottish burgh with its spacious market square.
  • Ideal gift shop / gallery / dentists doctors lawyers as has class 2 consent . ***GREAT CONDITION*** Prime spot and potential to be split to multiple units. Recommended investment purchase.
  • WALK IN CONDITION. The building's specification generally includes part plastered / painted ceilings, part suspended ceilings incorporating recessed fluorescent strip lighting with diffusers, plaster.


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

Search Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

***VAT FREE PROPERTY*** Qualifies for 100% rates relief as RV less that 15k p.a RENTAL POTENTIAL £15-18,000 Per annum. Know as a smaller version of MELROSE VERY AFFLUENT UP MARKET TOWN. PRIME DUNS former 'RBS BANK' 35 minutes to Melrose within Impressive Sandstone Building in Excellent Town Centre Location within a handsome sandstone building facing Bank of Scotland, near Co-op. Super size 1,348 SQUARE FEET (126 Sq Metres) - Now Vacant the former R.B.S has Rental Potential £18,000 p.a Super frontage and condition ***Vat Free Property***Listed Building so 0 rates payable when vacant. FACING FREE CAR PARK. The property comprises the ground floor a beautiful building affluent DUNS near Melrose. Windows throughout are timber framed and single glazed sash and case windows. The ground floor comprises a generous open plan area, two offices, male and female toilets, a tea prep area and a strongroom. The building includes ornate cornicing and a retained fireplace and benefits from good levels of natural daylight due to the presence of large windows and a tall floor to ceiling height. IDEAL FOR RENTAL VARIOUS USES. Duns is formally the county town of Berwickshire in the Scottish Borders. It still retains the air of an old Scottish burgh with its spacious market square. In earlier times, Duns' wealth and importance rested on its thriving livestock market and like many Border settlements. AFFLUENT TOWN. Ideal gift shop / gallery/ lawyer office / retail outlet / up market restaurant (subject consents). Ideal gift shop / gallery / dentists doctors lawyers as has class 2 consent . ***GREAT CONDITION*** Prime spot and potential to be split to multiple units. Recommended investment purchase which would let well to tenants given size / location / the lack of vacant properties in the vicinity. The property has been operating as a bank, therefore we understand has Class 2 Planning Use, providing permitted change to Class 1 (Shops) RETAIL OUTLET. Ideal investment purchase for rental AFFLUENT TOWN.

Guide Price: £107,500 - 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. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

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:


AFFLUENT DUNS NEAR MELROSE. RAELY AVAILABLE FOR SALE. The property is located in the town of Duns which lies in the east of the Scottish Borders. The town has a population of approximately 2,500 people and is situated circa 50 miles south-east of Edinburgh. The nearest notable town is Berwick-upon-Tweed, located just over the England / Scotland border, 16 miles to the east. Duns is accessed by road via either the A1 or the A697. More specifically, the property is situated in the centre of the town on Market Square, where there are several shops, predominantly let to local operators, as well as a number of Class 2 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.

Floor plan:

Click Image To Enlarge

Auction Details:



  • Auction Date...

    04 February 2019


  • Start Time...

    7.30pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


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