The subjects comprise a single storey, detached office/laboratory building constructed beneath a pitched and slate roof with a roughcast exterior and lower course brick.
Internally, the premises is arranged into a number of rooms including a staff changing area, canteen/kitchen, store and office. The property is in good order throughout with painted plasterboard walls, ceiling mounted LEDs and vinyl floor coverings.
There is a small yard/compound on the building’s eastern frontage with car parking spaces on the building’s periphery.
Location
The town of Duns is located in the Scottish Borders approximately 45 miles south-east of Edinburgh. It is traditional market town providing a good range of local facilities and services including primary and secondary schooling, a variety of independent shops, banks, pubs and restaurants.
It benefits from being within 10 miles of the A1 trunk road, the principal route connecting Scotland and England, and 15 miles north-west of Berwick-upon-Tweed. East Coast mainline rail services are available from Berwick or Reston.
Station Road is less than 1 mile south of the town centre. The subjects are in situated in Duns Industrial Estate – an established industrial location with occupiers including: Farne Salmon & Trout, Harbro Country Store, Redpath Tool Hire and Cheeklaw Garage.
Accommodation
According to our recent measurement survey the premises contain the following approximate gross internal area:
108.6 sq m (1,168 sq ft)
Terms
PRICE
Our client is seeking Offers Over £85,000 for the benefit of the heritable interest.
TENURE
Heritable (Scottish equivalent of freehold).
VAT
We understand the property is not opted for tax purposes and as such VAT will not be applicable.
UTILITIES
The property is served by electricity, water and gas connections.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £6,700 which is due to increase to £7,700 effective 1st April 2023. The uniform business rate for the current year is £0.498 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
ENERGY PERFORMANCE CERTIFICATE
The EPC rating is B.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual purchaser liable for any Land and Building Transaction Tax (LBTT) and Registration Dues.
ANTI-MONEY LAUNDERING
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
VIEWING AND FURTHER INFORMATION
By appointment through the sole selling agent, Allied Surveyors Scotland plc.