Commercial Premises, 51 High Street, Coldstream

Based in the former Hogg & Wood seed merchant’s building, dated 1801, the property has been completely refurbished to a high specification to create a fantastic open space. Extending to just over 128sqm, the refit includes hard wood flooring throughout, exposed warehouse beams, LED spot lighting, heating, burglar alarm, kitchen and two toilets. Having traded most recently as an exclusive art gallery, the floor space has two main trading areas and a fantastic window frontage with plenty of passing trade, with the interior providing a fresh and welcoming environment with light, contemporary décor.

Location

The property is centrally located in the heart of Coldstream's vibrant High Street, - well positioned for passing trade and opposite the town church and Post Office. Coldstream itself is well known as the gateway to Scotland and is among the busiest entry points from England after the M6 and A1.
In the Spring of 2022, Coldstream Holiday Park opened which has had a positive impact on trade and the levels of footfall within the town.
Coldstream is an exciting and viable location for a new or relocating business, as well as a fantastic place to live. It is a town of nearly 2,000 people set on the north bank of the River Tweed, which forms a natural boundary between England and Scotland, with many pleasant riverside walks and the Hirsel country estate nearby. It has a rich history including The Coldstream Museum on the site of the first headquarters of the Coldstream Guards, the oldest regular regiment in continuous service in the British Army.
Local sports include the famous Tweed salmon fishing, an 18-hole golf course, tennis courts, riding, hill walking, curling and National Hunt racing available nearby. Coldstream offers a variety of shops and is centrally placed for access to Kelso, Duns and Berwick. From Berwick upon Tweed, trains take less than one hour to reach either Edinburgh or Newcastle.

Accommodation

The main trading area is split into two sections; with the principal area to the front being an open area with historic painted iron pillars and exposed wooden beams, with a fantastic window frontage directly onto the High Street. This space is light and airy with plenty of space for displays and fittings etc. To the rear of the premises, a short flight of steps extends to a second trading area which is equally well proportioned; with skylights and windows to either side, including an original stained glass window paying homage to the premises’ original use as a seed merchants. Extending off to the rear is a useful store room with external door from the rear of the building and high specification fitted bathroom facilities, including a fully accessible WC. There is also a very useful and well equipped kitchen and preparation room.

Services

Mains water, electricity and drainage.

Rateable Value

£9600 per annum but likely to be subject to small business rates relief.

Additional Information

The property has most recently operated as an art gallery and is currently classified as Business Use Class 1 – Shop, however the premises would be well suited to a variety of uses and may be suitable for change of use – subject to necessary permission. Interested parties should make their own enquiries to Scottish Borders Council.

Viewing

A virtual tour is available on Hastings Legal web and YouTube channel - please view this before booking a viewing in person. Full details can be downloaded from our website www.hastingslegal.co.uk or requested by email enq@hastingslegal.co.uk

Alternatively or to register your interest or request further information, call 01573 225999 - lines open 7 days a week including evenings, weekends and public holidays.

Price & Marketing Policy

Offers over £150,000 are invited and should be submitted to the Selling Agents, Hastings Property Shop, 28 The Square, Kelso, TD5 7HH, 01573 225999, Fax 01573 229888 Email - Enq@hastingslegal.co.uk. The seller reserves the right to sell at any time and interested parties will be expected to provide the Selling Agents with advice on the source of funds with suitable confirmation of their ability to finance the purchase.