7 / 11 Roxburgh Street Kelso Roxburghshire TD5 7DN

7 / 11 Roxburgh Street
Kelso
Roxburghshire
TD5 7DN

Heritable Retail Investment

  • Let to Superdrug Stores plc
  • Prominent location in Kelso, an affluent borders town
  • Nearby occupiers include Boots Chemist, TSB Bank and Co-operative Food Supermarket
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    56
  • Auction
    10th December 2015
  • Rent
    £25,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £265,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Retail Investment

  • Let to Superdrug Stores plc
  • Prominent location in Kelso, an affluent borders town
  • Nearby occupiers include Boots Chemist, TSB Bank and Co-operative Food Supermarket
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 56
  • Auction 10th December 2015
  • Rent
  • Status Sold
  • Price £265,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
23 miles south-west of Berwick Upon Tweed, 43 miles south-east of Edinburgh
Roads
A698
Rail
Berwick Upon Tweed Station (Mainline)
Air
Edinburgh International Airport (45 miles north)
Situation

Kelso lies in the Scottish Borders, 43 miles south-east of Edinburgh, and is a popular and historic market and tourist town. The property is situated in a prominent town centre location on the
eastern side of Roxburgh Street, close to The Square. There is unrestricted on-street parking throughout the town centre. Nearby occupiers include Boots Chemist, TSB Bank and Co-operative Supermarket.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location
Miles
23 miles south-west of Berwick Upon Tweed, 43 miles south-east of Edinburgh
Roads
A698
Rail
Berwick Upon Tweed Station (Mainline)
Air
Edinburgh International Airport (45 miles north)
Situation

Kelso lies in the Scottish Borders, 43 miles south-east of Edinburgh, and is a popular and historic market and tourist town. The property is situated in a prominent town centre location on the
eastern side of Roxburgh Street, close to The Square. There is unrestricted on-street parking throughout the town centre. Nearby occupiers include Boots Chemist, TSB Bank and Co-operative Supermarket.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a double fronted, listed retail unit arranged over ground, first and second floors. The property provides a retail sales floor at ground floor, with storage and staff accommodation at first floor and additional storage at second floor.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis on +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a double fronted, listed retail unit arranged over ground, first and second floors. The property provides a retail sales floor at ground floor, with storage and staff accommodation at first floor and additional storage at second floor.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis on +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
Mezzanine
First
Second
Retail/Ancillary
Ancillary
Ancillary
Ancillary
219.44 sq m
64.76 sq m
202.41 sq m
238.29 sq m
(2,362 sq ft)
(697 sq ft)
(2,178 sq ft)
(2,564 sq ft)
SUPERDRUG
STORES PLC (1) (2)
15 years from
14/10/2005
£25,000 13/10/2020
Total  
724.90 sq m
(7,801 sq ft)
    £25,000

(1) The lease to Superdrug Stores plc is subject to a Schedule of Condition.
(2)For the year ending 27th December 2014, Superdrug Stores plc reported a turnover of £1,058,047,000, pre-tax profits of £38,044,000 and a total net worth of £138,513,000. (Source: Experian Group 11/11/2015)

Property Documents

  • Site Plan
    Updated Date
    18.11.15
    File Size
    68 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    603 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Burness Paull 120 Bothwell Street
Glasgow
Scotland
G2 7JL
Emma Miller 0141 273 6982emma.miller@burnesspaull.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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