Property for sale in Blackadder Bar, 1 West High Street, Greenlaw, Duns, Berwickshire TD10

Bar/restaurant, New to auction is this impressive bar/restaurant, enjoying prime trading location centrally in the Borders town of Greenlaw. Extending to approximately 279 sq.m (3,003 sq.ft) over three levels, the immaculately presented bar/restaurant is trading on the ground floor, complemented by commercial kitchen/wash area, WC's and keg cellar. The first and second floors offer meeting room/private dining room, office, and an additional six rooms with development potential for letting rooms or owner/manager accommodation. The property is currently leased on a 10 year term (to 2031) with a current passing rent of £17,000 p.a which equates to a healthy 11.3% at Guide Price, with scope to increase the rental as specified in the Lease. The published Rateable Value of £10,100 may qualify for rates relief under the Small Business Bonus Scheme. This a fantastic opportunity for a first venture into commercial rental with income generated from day one, and could equally be a great addition to an existing commercial portfolio. Early viewing is essential.

Greenlaw, nestled in the Scottish Borders, lies in the gentle foothills of the Lammermuir Hills, around 35 miles south east of Edinburgh. Greenlaw's heritage is reflected in its historic architecture, including the fine church built in 1675 on earlier foundations, showcasing corbie step gables—a distinctive feature of the period. Greenlaw is a conservation area ensuring that Greenlaw retains its unique charm and historical significance.

Purchasers notes

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