18 Horsemarket, Kelso

TD5 7HA

18 Horsemarket, Kelso, TD5 7HA

2

Bed(s)

2

Bath(s)

1,085

SQFT

18 Horsemarket is an exciting proposition, a well-presented 2-bedroom apartment with a shop premises below in the heart of the popular town of Kelso. It is presently run as an investment property with substantial income generated by both the flat and the shop. Three years income analysis can be made available upon request.

Lucy Murray Profile Picture

Lucy Murray

Rettie & Co


01896 824 070
Lucy Murray Profile Picture

Lucy Murray

Rettie & Co


01896 824 070

Property Details & Description

Accommodation Comprises:

Ground Floor

Commercial Shop, Cellar with ample storage, WC, Entrance Hall and staircase to Upper Apartment.


Externally

Paved Area to the front.

 

 First Floor

Apartment comprising of Kitchen, Lounge with office space, Double Bedroom, Main Bathroom and storage cupboard.


Second Floor

Double Bedroom with Ensuite


Garden Grounds

Enclosed Patio

Three large public carparks to the rear of the property provide parking.


Mileage

Melrose 14 Miles, Borders Railway Terminus 16 Miles, Galashiels 18 Miles,

Jedburgh 12 Miles, Edinburgh 38 Miles

(All distances are approximate)

 

Situation

18 Horsemarket is situated in the centre of the historic and attractive Borders town of Kelso, which lies on the banks of the river Tweed. Floors Castle is close by, and Kelso plays host to the annual Border Union Agricultural Show and world-famous tup sales. Kelso has a wide range of shops, supermarkets, and services with excellent schooling in the area. The town has very good primary and secondary schools, with private schooling available in Melrose (14 miles) and Berwick-upon Tweed. The area is well provided for in terms of recreation, leisure facilities such as rugby, ice skating, hockey, equestrian, tennis, and football. Edinburgh, and its international airport and mainline railway station, lies approximately 42 miles to the northwest of Kelso, while Berwick-upon-Tweed, with its mainline rail link (trainlinks and being able to arrive in London pre 9:00 am) and the A1, lies approximately 24 miles to the east. Newcastle airport is approximately 58 miles to the south. There are lovely walks in the area and fishing is available on the Rivers Tweed and Teviot including the famous Junction Pool. Organised pheasant and grouse shooting is available locally ad it is possible to hunt with several different packs. There are frequent National Hunt race meetings at Kelso and the golfer is well catered for at the recently established 18-hole Roxburghe course.


Description

18 Horsemarket is a well-presented 2-bedroom apartment, with separate shop premises below. The apartment is currently run as a successful holiday let https://bit.ly/3uG7gXc and the shop is run as a popular Barbers (income analysis available). The two could be converted into a residential dwelling if the relevant permissions/approvals were granted.

This apartment benefits from a private access to the rear, which leads you up a flight of steps to the apartment’s internal front door. A spacious and free flowing hallway gives access to the main bathroom which is well-equipped with a shower, WC, hand basin and heated towel rail. A useful storage cupboard provides this level with storage space which could accommodate white goods such as a washing machine or a tumble dryer. The lounge is a cosy space with a cupboard that could house a home office. The kitchen is accessed to the back of the sitting room and is a flexible, bright space well-equipped with a fridge/freezer, dishwasher, single electric oven, microwave, 4-ring induction hob and extractor fan. The double bedroom on this level has far reaching views over the town and benefits from built-in wardrobes offering plenty of storage space.

Another carpeted staircase leads up to the double bedroom on the second floor. This bedroom benefits from a large ensuite featuring a bath, WC and hand basin again with far reaching views over the town and an enviable view of Trinity Hall Church. A further large storage space can be found to the side of the staircase.

The apartment is neutrally decorated and in great condition and has the potential to be a very welcoming home.


Shop

A capacious room currently utilised as a popular Barber’s shop with a cellar, featuring an expansive storeroom and a small WC, just off Horsemarket Street. The paved area to the front of the shop is also included.

Planning permission to extend the shop was granted in August 1998. Whilst this permission has now lapsed, a similar application could be submitted for the Scottish Borders Council to consider.


Garden Grounds

18 Horsemarket has a private south-east facing patio area to the rear of the apartment, which is fully enclosed, perfect for relaxing in the sun. This apartment benefits from a quiet private back entrance with a second entrance from Horsemarket Street which is shared with the shop below. Whilst the property has no designated parking space, off-road parking is available nearby.


GENERAL REMARKS

Satellite Navigation

For those with the use of Satellite Navigation the postcode for this property is TD5 7HJA.


What3words

///quicksand.protest.waistcoat

(please download the application “what3words” for the exact location)


Tenure

Freehold


Fixtures and Fittings

All fitted carpets, integrated appliances and light fittings are included in the sale.


Listing and Conservation

Please be aware, 18 Horsemarket is not listed, nor is it in a conservation area.


Services

Gas central heating

Mains drainage, electricity, and water.


Outgoings

The rateable value of the holiday let is £3950.

The rateable value of the shop is £1200.

A Council Tax banding would be allocated on re-occupation as a private dwelling.


Local Authority

Scottish Borders Council - Telephone: 01835 824 000.


Internet Web Site

This property and other properties

offered by Rettie & Co can be viewed on our website at www.rettie.co.uk as

well as our affiliated websites at www.rightmove.co.uk www.onthemarket.com and

www.thelondonoffice.co.uk.


Servitude Rights, Burdens & Wayleaves

The property is sold subject to and with the benefit of all servitude rights, burdens, reservations, and wayleaves including rights of access and rights of way, whether public or private, light, support, drainage, water and wayleaves for masts, pylons, stays, cable, drains and water, gas and other pipes whether contained in the title deeds or informally constituted and whether or not referred to above.


Particulars and Plans

These particulars and plan are believed to be correct, but they are in no way guaranteed. Any error, omission or misstatement shall not annul the sale or entitle any party to compensation nor in any circumstances give grounds for action at law.


Misrepresentations

1. The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor Rettie Borders LLP, the selling agent, are responsible for such faults and defects, nor for any statement contained in the particulars of the property prepared by the said agent.

2. The Purchaser(s) shall be deemed to acknowledge that he has not entered into contact in reliance on the said statements, that he has satisfied himself as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the seller or the said agents in relation to or in connection with the property.

3. Any error, omission or misstatement in any of the said statements shall not entitle the purchaser(s) to rescind or to be discharged from this contract, nor entitle either party to compensation or damages nor in any circumstances to give either party any cause for action.


Important Notice

Rettie Borders LLP, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either in writing or by word of mouth. Any information given is entirely without responsibility on the part of the agents or the sellers. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive and it should not be assumed that the property remains as photographed. Any error, omission or misstatement shall not annul the sale, or entitle any party to compensation or recourse to action at law. It should not be assumed that the property has all necessary planning, building regulation or other consents, including for its current use. Rettie Borders LLP have not tested any services, equipment, or facilities. Purchasers must satisfy themselves by inspection or otherwise and ought to seek their own professional advice.

3. All descriptions or references to condition are given in good faith only. Whilst every endeavour is made to ensure accuracy, please check with us on any points of especial importance to you, especially if intending to travel some distance. No responsibility can be accepted for expenses incurred in inspecting properties which have been sold or withdrawn.