Large Retail Unit Located in a densely populated residential area of the borders town Hawick. Internal floor Area extends to 358 Sq ft ( 33.29 sq m). Located Near Post office and Co-op
- The property has a rateable Value of £2,300. Positioned In the busy part of Hawick's High street. Potential for change of use (subject to planning)
- Benefits Include : Busy retail parade within residential area. Self contained unit with rear access. On street parking.
- Property would suit a number of uses. Ideal for a small business owner. Perhaps a barbers/hairdressers/mobile phone repair shop/ Ecig Shop.
- Hawick has a resident population in the region of 15,000. The town is situated on the A7 trunk road between Carlisle (42 miles south) and Edinburgh (53 miles north). It also benefits from good road links with the other main Borders towns
Description:This commercial property is located on the ground floor of a two storey block of brick construction with a pitched and slated roof. Previously trading as a newsagents, the property comprises a front open plan sales area, which leads to a rear storage area, WC and further access via a back door. Additional storage is provided by way of a small cupboard store accessed through a side door in the front shop. The property benefits from a CCTV and alarm system, on street parking and a nearby bus stop. Property would suit a number of uses. Ideal for a small business owner. Perhaps a barbers/hairdressers/mobile phone repair shop/ E - cig Shop. Rental potential of £4,500 - £5,000 per annum. This would generate a yield of 14% if achieved for Guide price.
Hawick is one of the main towns in the Scottish Borders and provides a full range of local amenities, shops, recreational facilities, sports facilities and social activities. Hawick has a resident population in the region of 15,000. The town is situated on the A7 trunk road between Carlisle (42 miles south) and Edinburgh (53 miles north). It also benefits from good road links with the other main Borders towns – principally Galashiels (18 miles), Selkirk (12 miles) and Jedburgh (12 miles). Neighbouring commercial occupiers include MCcolls, the Post Office, Borders Pharmacy and other independent retailers.
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Ownership & Occupation:
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.
Bid Now Explained:
You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Open Viewings Scheduled:
Thursday, November 23, 2017 : 1.30pm -> 1.45pm
Internal Open Viewings:
This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.
External Viewings Anytime:
You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.
Offer Now:You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Bid Live in Person:Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.
Bid by Phone Live:
If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Bid by Proxy: (Ebay Style Highest Bid)
This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
06 December 2017
Edinburgh Marriott Hotel
111 Glasgow Road, EH12 8NF