Description

LOCATION

Kelso is a picturesque Scottish borders market town, with a population of approximately 7,000 persons, within a growing independent retail and tourism sector. The town, which is also famous for Kelso Abbey and the Kelso Racecourse, is also highly assessable to the City of Edinburgh, approximately 1 hour to the north and Newcastle-Upon-Tyne, approximately 1 hour 30 minutes to the south. The subject property is located at the heart of the town centre.

DESCRIPTION

The subjects are formed within the ground floor, basement and part upper floors of interconnected traditional town centre stone buildings.

ACCOMMODATION

We estimate the ground floor area is as follows: 

Internally, the accommodation is as follows:

GROUND FLOOR (Front)

The Bistro

There is a bistro/café with seating for approximately 30-40 persons, accessed directly from the front of the property, adjacent to the Town Square. There is a servery counter area, and the bistro connects to the communal kitchens/service areas.

GROUND FLOOR (Rear)

The Main Bar

There is an attractive main bar area, which is accessed from the rear of the property via Abbey Row. This is a traditional bar, with an open fireplace and seating for approximately 60 persons.  

SERVICE AREAS

There is a central commercial kitchen area, with wash-up and separate ladies and gentlemen’s toilets.

BASEMENT

There are separate front and rear basement areas. The rear basement houses the beer cellar with drop hatch loading.

UPPER FLOOR DWELLING FLAT

There is a dwelling flat over the first and second floor. The flat has a large lounge/kitchen area and double bedroom with ensuite bathroom at first floor level.

At second floor level there are two further large double bedrooms, each with an ensuite shower room. The flat has an attractive terraced area.

RATEABLE VALUE

The premises are listed in the Valuation Roll as a Public House, Abbey Row, Kelso, TD5 7JF. The current Rateable Value, with effect from 1st April 2023 is £20,250. The proposed draft Rateable Value, with effect from 1st April 2026 is £24,500. A new occupier will have the right to appeal the Rateable Value.

SERVICES

We understand that there is a separate gas fired boiler for the ground floor licensed premises and a gas fired boiler for the upper floor dwelling flat. We understand that the property is connected to mains water, electricity, gas and drainage.

PREMISES LICENCE

There is a premises licence in place, which will be transferred to a purchaser.

ANTI MONEY LAUNDERING

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers.  Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.

Floor Plans

There are no property floorplans available

Dataroom

There are no property datarooms available