To Let: Light and Bright Modern First Floor Office/Studio

To Let: Light and Bright Modern First Floor Office/Studio

Other - Peebles

The property is a first-floor modernised office/studio unit with shared ground floor entrance and staircase. 

First floor accommodation comprises: Entrance vestibule; main office with storage cupboards; kitchen; utility area; and shower room/WC.

LOCATION

Peebles lies approximately 25 miles south of Edinburgh city centre and is an affluent, thriving and expanding town, with many inhabitants commuting to Edinburgh. 

The property is located just off Cuddy Bridge at the foot of the Old Town and close to the west end of the High Street, in the busy town centre area.

The location is within the Peebles Conservation Area.

AREAS 

Room                                        Sqm Sqft

Main Office/studio                   40 434

Secondary accommodation   16 178

Totals                                           56 612

RATING 

The Scottish Assessors Association have entered the subjects in the current Valuation Roll as an “Office”, with a Rateable Value of £4,850. As such the property may qualify for Small Business Rates Relief at the rate of 100% relief.  The draft “2023 Re-Valuation” entry shows a Rateable Value adjustment, as of 1 April 2023, to £5,800.

SERVICES 

Mains electricity, water and drainage. Building fire alarm.

TERMS 

Flexible lease terms are offered, based on standard commercial property Internal Repairing and Insuring (IRI) terms.

ENTRY 

By mutual agreement.

VAT 

There is no VAT applicable on the rent.

ASKING RENT 

An asking rent of £500 per month (£6,000 per annum) is sought. A deposit of £500.00 is required.

Landlord’s insurance premium for buildings insurance will be payable by the Tenant in addition. 

LEGAL COSTS 

Each party to bear their own legal costs for the documentation of this transaction, however the ingoing tenants will be liable for any LBTT, Registration Dues and any VAT incurred thereon.

VIEWINGS AND FURTHER INFORMATION 

For further information or to arrange an appointment to view please contact Walker Scott Ireland Ltd. Viewing is strictly by appointment.  Interested parties are advised to note interest with Walker Scott Ireland Ltd in order to be kept informed of any closing date that is set. Please note, our client need not accept the highest offer, nor indeed any offer. 

PHOTOGRAPHS

Photographs taken in August 2020.

EPC RATING

Band G (202).