Property Information
Address:
Residential Redevelopment Opportunity, 10 Exchange Street, Jedburgh
, TD8 6BH
Price: Sale Price: £450,000
Size: 7 to 37 sqm
Primary Category: Investment
All Categories:
Investment, Office,
Property Ref/Movehut: MH586456
Property Ref/Agent: GS47226
*Please use the agent ref when calling the agent directly.
Property description
Location
A traditional terraced townhouse situated to the south west of Jedburgh town centre, which has most recently been occupied as offices.
Jedburgh is a traditional market town with a population of approximately 4,000. The town in steeped in history with a great many attractions including the Abbey, Jedburgh Jail and Museum and Mary Queen of Scots house. Accordingly the area benefits from a significant level of seasonal tourist trade.
The settlement is situated to the south of the Scottish Borders close to Jed Water, a tributary to the River Teviot. The town is approximately 10 miles to the north of the border with England.
Exchange Street is a mixed use area generally characterised by commercial uses at ground level with residential accommodation to upper levels to the eastern end predominately residential to the western end.
Description
A traditional three storey terraced building of sandstone construction under pitched roofs clad in slate.
The accommodation has most recently been occupied as offices and currently comprises:
Ground Floor: Entrance with stairs to upper levels, rear office with potential to create utility room.
First Floor: Landing, office suite with scope to create open plan living room with kitchen and dining area.
Second Floor: Landing, three further offices, kitchen and wc with low flush unit and wash hand basin. Potential for three bedrooms and a bathroom.
Rateable Value
10 Exchange Street is assessed to a Rateable Value of £3,700
Areas
The subjects have been measured in accordance with the International Property Measurements Standards 3 to 78.53 sq m (845 sq ft)
Planning
The site is situated within a mixed use area and is considered to over considerable potential for conversion to residential use. The sellers have been advised that a change of use planning application will not be required.
Offers
Offers should be addressed to:
Chief Legal Officer
Scottish Borders Council
Council Headquarters
Newtown St Boswells
Melrose
TD6 OSA
A copy of the offer should also be faxed to 01896 758883.
Offers should include:
The identity of the purchasers; the price offered; clear details of any conditions attached to the offer; proposed timescale for conclusion of missives, completion and payment.
A closing date may be set for offers. Please note that only those parties who formally notify their interest will be informed of the closing date. Interested parties are advised to notify the selling agents of their interest as soon as possible. The sellers reserve the right to sell privately and are not bound to accept the highest or indeed any offer.
Viewings
Strictly by appointment with the sole agents, Edwin Thompson LLP
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