High Street Retail Property for sale

Prominent Retail Premises, 65 High Street, Haddington, EH41 3ED


£170,000
1,111 ft²

Description

The subjects comprise the ground floor & basement of a traditional 3 storey stone built building with residential flats above, all under a pitched tiled roof.

Internally, there is a main front sales area with storage space to the rear. The shop has an internal side doorway into the common close from which the basement including WC is separately accessed.

Location

Haddington is a vibrant market town located in East Lothian approximately 18 miles east of Edinburgh. The town has a resident population of circa 10,000 people, which is expanding significantly with a large number of new housing developments already built or currently under construction primarily on the western edge of the town. The High Street remains well let to a variety of local & national traders and is easily accessible to shoppers with free on street parking.

More specifically the premises benefit from a prominent position situated on the north side of the High Street with nearby occupiers including Boots, Baynes, McColl's, Subway, Black & Lizars, Cancer Research & Diggory's Cafe etc.

Accommodation

The premises provide the following approximate areas:-

Ground Floor - Sales & Storage - 59.30 sq m (638 sq ft)

Basement - Storage & WC - 43.96 sq m (473 sq ft)

Total - 103.26 sq m (1,111 sq ft)

Terms

PRICE - Our clients are seeking offers in excess of £170,000.

ENERGY PERFORMANCE CERTIFICATE - EPC Rating - D. [Copy available on request].

RATES - We understand the subjects are currently entered on the Scottish Assessors Association Portal, as follows:- Rateable Value - £10,900 [01/04/2017] [An incoming owner/occupier may benefit from Small Business Bonus Scheme [SBBS} rates relief of up to 100%. We would therefore recommend discussing this with the local Rates Authority]

USE - We understand the property currently benefits from Class 1 Retail planning consent. Interested parties are advised to make their own enquiries with the local Planning Department.

VAT - All figures & prices quoted are exclusive of VAT, unless otherwise stated.

LEGAL COSTS - Each party will be responsible for their own legal costs incurred in this transaction, with the ingoing tenant responsible for any LBTT, Registration Dues and VAT applicable.

Categories

High Street Retail Property
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Property reference
CP6254_2