The subjects comprise Grade B listed former library of traditional stone construction, under a pitched, slate roof.
Internally the premises is configured with a ornate timber vestibule, primarily open plan ground floor and a first floor arranged with a large meeting room, two offices, kitchenette and a W.C compartment.
The building retains several original period features and offers significant potential for redevelopment or conversion, including residential, commercial, or community-based uses, subject to planning permission.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a Gross Internal Basis and is as follows:
Ground Floor - 139.58 sq m (1,502 sq ft)
First Floor - 81.29 sq m (875 sq ft)
Total - 220.87 sq m (2,377 sq ft)
Terms
SERVICES: We understand the subjects benefit from gas, electric, water and mains drainage.
SALE TERMS: Our client is seeking offers over £140,000 (exclusive of VAT) for the outright purchase of their heritable interest (Scottish equivalent of English freehold).
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
NON DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £4,500 per annum.
It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 100% rates relief.
OFFERS: Offers should be submitted in Scottish Legal Form to:
Chief Legal Officer, Scottish Borders Council, Council Headquarters, Newtown St Boswells, Melrose, TD6 0SA
All offers should include: -
• The identity of the purchaser
• Price offered
• Clear details of any conditions attached to the offer
• Indicative plans with proposed uses and a statement on design and finishes proposed
• Proposed timescale for conclusion of missives, completion and payment
• Proposed timescales for completion of development
ASSESMENT OF BIDS: In evaluating bids, the Council will require to comply with Section 74 of the Local Government(s) Act 1973. While the Council is not bound to accept the highest bid, it may be that the Council will require to exercise its powers under the Disposal of Land by Local Authorities (Scotland) Regulations 2010 to accept a lower bid. The Council reserves the right to sell privately and shall not be bound to accept the highest or indeed any offer.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in any transaction.
VAT: All prices quoted are exclusive of VAT, which is not chargeable.
Specification
- Well-proportioned commercial unit suitable for a range of uses (subject to planning).
- Historic building funded by well-known philanthropist Andrew Carnegie
- In close proximity to historic attractions such as Jedburgh Abbey
- Offers over £140,000 (not currently opted to tax)