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£65,000 | 905 sq ftProperty for sale
80 High Street, Hawick
Study
Sold STC
Property
905 sq ft / 84 sq m
Features and description
- Tenure: Freehold
- Established retail premises with tenant in situ
- Security shutters and cameras
- Shop front display windows
- Solid wood flooring
- Combination gas boiler
- Large shop floor with 3 changing rooms
- Office and wc/kitchen
- Rateable value £8400 pa (rates releif available)
A great opportunity has arisen to purchase this busy commercial premises on Hawick High Street with tenant in situ. The active lease runs for another two years and returns a rental income of £6,500pa. Good shop frontage windows allow in lots of natural light and are ideal for display purposes. The property benefits from gas central heating, good track lighting, office and WC/kitchen. The internal floor space measures approx 84 sqm (905sq ft) and rateable value is £8400pa with small business rates relief available.
The Property - Entered from the front via a timber and glazed door into the main shop floor with solid wood flooring, track lighting, central heating radiators, CCCTV and 4 changing rooms. To the rear is an office room, store and WC/kitchen where the combination gas boiler is located. The property also benefits from security shutters. High ceilings and intricate mouldings are a lovely feature. This busy retail unit has been established in the town for over 20 years.
Sales And Other Information - Viewing on request. Rateable value £8400 pa with small business rates relief available.
Services - Mains drainage, water, gas and electricity.
Current Tenancy - The current tenants run a successful well established clothing store chain in the Scottish Borders. (3 Stores) The tenancy in place is a 5 year lease starting in September 2021, therefore has two more years to run, with an additional renewal option thereafter, on a rolling one year basis. The annual rental figure is £6500 plus vat. More information with regards available upon request.
The Property - Entered from the front via a timber and glazed door into the main shop floor with solid wood flooring, track lighting, central heating radiators, CCCTV and 4 changing rooms. To the rear is an office room, store and WC/kitchen where the combination gas boiler is located. The property also benefits from security shutters. High ceilings and intricate mouldings are a lovely feature. This busy retail unit has been established in the town for over 20 years.
Sales And Other Information - Viewing on request. Rateable value £8400 pa with small business rates relief available.
Services - Mains drainage, water, gas and electricity.
Current Tenancy - The current tenants run a successful well established clothing store chain in the Scottish Borders. (3 Stores) The tenancy in place is a 5 year lease starting in September 2021, therefore has two more years to run, with an additional renewal option thereafter, on a rolling one year basis. The annual rental figure is £6500 plus vat. More information with regards available upon request.
Property information from this agent
About this agent
Established over 125 years ago as Thomas Purdom & Sons, Bannerman Burke Properties have a rich history in the buying and selling of residential and commercial property in the South East of Scotland. From flats to farms, our property professionals will ensure your expectations are exceeded. PEOPLE We pride ourselves on our personal approach, our honesty and integrity. Our staff, with over 35 years estate agency experience of the local property market will always be on hand to ensure the sale or purchase of your property is handled professionally and successfully LOCATION We have extensive coverage throughout the Scottish Borders, with Offices in Hawick and Galashiels, both with central High Street window frontage that will get your property seen locally. Our property professionals have a thorough understanding of the region and national sales markets and will advise clients accordingly to ensure the best possible outcome for a property sale. EXPERIENCE AND EXPERTISE Bannerman Burke Properties Ltd has a rich and impressive history in all property matters. We have a proven track record of success for actively marketing properties to their best potential with 100% positive client feedback rating. LEGAL AND CONVEYANCING Bannerman Burke Properties work exclusively with Bannerman Burke Law solicitors to provide a full “in house” estate agency and conveyancing package, which takes care of all your property needs, from sales and purchases, all the way through the legal process to completion.
