Lot 1l

Guide Price: £150,000 - Bid Now

53 High Street, Hawick, Borders, TD9 9BP


Key Features:

***LATE ENTRY*** 100% PRIME 2,963 SQUARE FEET GROUND FLOOR SHOP UNIT FACING NEW "COSTA COFFEE" (old WhSmith), CARD FACTORY, GREGGS + Santander - ground floor shop unit providing an excellent sales area to the front *****RENTAL POTENTIAL £25,000 p.a*****WAS LET £35,000 per annum SUPER POTENTIAL***


  • Nearby occupiers include NEW COSTA COFFEE (old W H Smith uNIT),Burton/ Dorothy Perkins, Superdrug, Boots, Santander, Card Factory, Farmfoods and Greggs. 100% PRIME HIGH STREET LOCATION. Retailing in the town is centred around the High Street.
  • WALK IN CONDITION. Gross Frontage 24 FEET - 7.4 METRES. 276 SQUARE METRES - 2963 SQUARE FEET SUPER SIZE FOR MOST NATIONAL OCCUPIERS. IDEAL Investment property in 100% prime location in Hawick one of the main towns in the Scottish Borders. It is served by a good road network (A7) and is located approximately 50 miles south of Edinburgh and 18 miles south of Galashiels.
  • Super spot facing NEW TO BE COSTA COFFEE unit whilst also SANTANDAR, CARD FACTORY, GREGGS, FARMFOODS + BHF are facing the property.
  • Ideal investment property LATE ENTRY PRICE FOR A FAST SALE HIGHLY DISCOUNTED WAS LET HISTORICALLY FOR £35,000 PER ANNUM.

Description:

RENTAL POTENTIAL of vacant property up to £25,000 p.a. ***LATE ENTRY*** 100% PRIME 2,963 SQUARE FEET GROUND FLOOR SHOP UNIT FACING NEW "COSTA COFFEE" (old WhSmith), CARD FACTORY, GREGGS + Santander - ground floor shop unit providing an excellent sales area to the front *****RENTAL POTENTIAL £25,000 p.a*****WAS LET £35,000 per annum SUPER POTENTIAL*** Nearby occupiers include NEW COSTA COFFEE (old W H Smith uNIT),Burton/ Dorothy Perkins, Superdrug, Boots, Santander, Card Factory, Farmfoods and Greggs. 100% PRIME HIGH STREET LOCATION. Retailing in the town is centred around the High Street, and the subject property occupies a prime location in the middle of High Street. WALK IN CONDITION. Gross Frontage 24 FEET - 7.4 METRES. 276 SQUARE METRES - 2963 SQUARE FEET SUPER SIZE FOR MOST NATIONAL OCCUPIERS. IDEAL Investment property in 100% prime location in Hawick one of the main towns in the Scottish Borders. It is served by a good road network (A7) and is located approximately 50 miles south of Edinburgh and 18 miles south of Galashiels. The town has a population of approximately 15,000 persons. Super spot facing NEW TO BE COSTA COFFEE unit whilst also SANTANDAR, CARD FACTORY, GREGGS, FARMFOODS + BHF are facing the property. Superdrug and Burtons are along from the property therefore there is a host of national occupiers and this property would appeal to national tenants and generate a fantastic rental return. Ideal investment property LATE ENTRY PRICE FOR A FAST SALE HIGHLY DISCOUNTED WAS LET HISTORICALLY FOR £35,000 PER ANNUM.

Location:


100% PRIME LOCATION FACING NEW TO BE COSTA COFFEE in Hawick a popular and historic town located in the Scottish Borders approximately 48 miles from Edinburgh. The property is prominently situated on the eastern side of the High Street, the town’s principal retail thoroughfare. Nearby occupiers include RBS, Subway, Superdrug, Boots the Chemist, Burton, M&Co, Greggs and Santander. 48 miles south of Edinburgh, 61 miles north of Newcastle.

Rateable Value:


CLICK HERE to visit the Scottish Assessors Association Website & automatically search this property's postcode for values. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.

Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £150,000 - Bid Now


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.











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...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

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...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    05 February 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.