Britton Property.
To Let
62-64 High Street, Peebles EH45 8SW
Premises suitable for variety of uses – restaurant consent applied for
Potential to be amalgamated into single unit
Prime high street location
Rent: On application Total NIA: Ground 1,700 sq ft / First Floor 906 sqft / Second Floor 642 sqft
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
Peebles is an attractive market town located in the Scottish Borders, approximately 25 miles south of Edinburgh. The property is located in the heart of Peebles on the south side of the High Street. The town is a busy commuter town and attracts many tourists due to its historical value. Peebles has a resident population of approximately 9,000 people and a wider catchment area of approximately 20,000 people.
The town has seen strong retailer demand. The subject property is situated on the south side of the High Street. Nearby occupiers include Semi Chem, Costa Coffee, Boots, Greggs, Cancer Research and Rogerson Shoes.
The subjects comprise 2 retail units extending over ground, 1st and 2nd floors within a traditional building with a pitched roof.
The 2 ground floor units can be amalgamated and provide a larger single ground floor unit.
The premises extend to the following approximate areas:
62 High Street
Ground Floor: 1,347 sq ft / 127.67 sqm
First Floor: 906 sq ft / 84.17 sqm
Second Floor: 642 sq ft / 59.64 sqm
64 High Street
Ground Floor: 309 sq ft / 28.74 sqm
Basement: 323 sq ft / 30.0 sqm
62-64 High St (combined ground floor)
Ground Floor 1,700 sqft / 157.93 sqm
On application
The subjects are available on a new FRI lease.
62 High Street
Rateable Value: £26,750
64 High Street
Rateable Value: £10,200
The subjects currently benefit from Class 1A consent and can therefore be used for retail/office use. A Class 3 Restaurant consent has been applied for. Interested parties are advised to speak directly to the Local Planning Authority.
On application
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.