5 Abbey Place, Jedburgh, Roxburghshire, TD8 6BE
Sale history
£60,000 in February 2024
The property
Set in the very heart of the town in a prime position for passing trade, parking and local landmarks, this stylish and contemporary coffee shop directly overlooks the historical Jedburgh Abbey and is a well supported business with scope to diversify further.
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Abbey View Coffee Shop
A trading business and premises in central Jedburgh, enjoying a bright corner aspect on the ground floor of a two-storey Grade C-listed building, Abbey View is welcoming and offers flexible serving space and a loyal customer following. Newly refurbished the premises hosts a cafe area with X bistro tables and chairs, with a fitted serving bar with storage and counter space, a range of new cooking equipment including fridges, barista coffee machine, panini press and sink dishwashing unit. There is a customer W/C with baby changing facilities. The frontage is framed by a colourful planted border and there is permission for on-street tables and chairs. As well as sit in trade, the premises is ideally positioned for take away and has excellent tourist footfall from the Abbey, nearby Queens Mary's House, castle Jail and the free local parking.
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Highlights
• Situated directly opposite Jedburgh’s medieval Abbey • Superb owner operator/lifestyle opportunity • Well established cafe and take away business • New electric heaters • Popular market town with strong tourist trade and passing trade from the A68 • 20+ covers (inside and outside) • £70,000 is sought including freehold and business goodwill
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Location
The historical market town of Jedburgh lies 10 miles north of the border with England, 35 miles east of Berwick-upon-Tweed and 50 miles south-east of Edinburgh. Lying just off the A68, it benefits from an abundance of passing trade and is a hugely popular tourist destination, with a range of attractions including the town’s 12th century Abbey. The town itself is justifiably known as the ‘Jewel of the Borders’ and has a great community spirit with a variety of independent shops, restaurants, cafes and leisure facilities. There are also two primary schools and a High School. The property is situated on Abbey Place, just off Jedburgh’s High Street and Market Place and benefits from plenty of nearby free car parking.
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Internal
Recent measurement survey the subjects comprise the following approximate net internal area: 29.2 sq m (314 sq ft)
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Staff
Currently run by business owner and husband and wife team, with flexible staff cover for weekends and busy holiday period.
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Offers Over
£65,000 including the freehold of the property, business goodwill and all fixtures, fittings, tableware and café equipment.
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Rateable Value
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £2,400. The uniform business rate for the current year is £0.484 pence in the pound. For properties with a Rateable Value of £15,000 and under occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme, depending on individual circumstances.
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Services
The property has metered supplies of mains water and electricity.
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Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction with the purchaser liable for an LBTT or VAT applicable.
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Entry
On completion of legal formalities.
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Viewings
To arrange a viewing call Hastings Legal on 01573-225999-lines open until 10pm 7 days a week.
Sold property prices
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Valuation
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