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
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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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

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

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

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)