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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY*** in Hawick High Street. Currently run as a café. All fixtures & fittings & good will included. FANTASIC BUSINESS OPPORTUNITY Currently owner occupied.

Currently Comprise of a café/restaurant space catering for ten large tables; kitchen; storage to the rear, w.c, and private garden to the rear. There is additional storage area upstairs. 88.55sq m

Property is sure to appeal to investors looking to a easily rentable/manageable property in a sought after location in Hawick town centre. Suit investor looking to run their own business.

RATEABLE VALUE: £8,400.00. The premises benefit from 100% relief through the Small Business Bonus Scheme subject to the owners other commercial properties.

Centrally positioned on the High Street of Hawick, which is a wonderful town steeped in a sense of history and tradition, set amidst the picturesque Scottish Borders countryside.

***EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY*** in Hawick High Street. Currently run as a café. All fixtures & fittings & good will included. FANTASIC BUSINESS OPPORTUNITY Currently owner occupied.SUIT SHREWD INVESTOR IMMEDIATE INCOME **REDUCED PRICE** Previously provided an annual income of £10,379.40 when let.. Extensive window display frontage. Ideally situated for passing footfall on Hawick High Street. The De Café Lounge currently operates as a successful café business Property is sure to appeal to investors looking to a easily rentable / manageable property in a sought after location in Hawick town centre. Suit investor looking to run their own business. Key features Centrally positioned on Hawick High Street Extensive window display Private garden Tenure: Freehold Situated on the main, bustling High Street of Hawick, De Café Lounge currently operates as a successful café business, providing a place of warmth to the community with friendly service and delicious meals and drinks. Ideally placed for passing footfall, the generous premises comprise of a café/restaurant space catering for ten large tables; a well-maintained and high-functioning kitchen; an abundance of storage to the rear, inclusive of three chest freezers as well as a convenient WC for customers. De Café Lounge hugely benefits from the extensive window display frontage where the friendly and welcoming atmosphere can be witnessed by passers-by. A private garden can be accessed from the side of the premises and would be ideal for putting your feet up to enjoy the fresh air after a successful day of trading. FREEHOLD Property is sure to appeal to investors looking to a easily rentable/manageable property in a sought after location in Hawick town centre. Suit investor looking for their own business opportunity. Purchaser will benefit from all the investment the current owner has undertaken with al fixtures and fittings replaced, new fridge and new coffee machine (cost of £10,000). The equipment investment totals approx. £35,000 which will all stay in place and belong to the new owner. EPC: G. RATEABLE VALUE: £8,400.00. The premises benefit from 100% relief through the Small Business Bonus Scheme subject to the owners other commercial properties. The Purchaser will be responsible for any LBTT and VAT associated with the purchase. SERVICES: Mains water, gas, drains & electricity. Security alarm system. ROOM SIZES: Café: 12.00m x 3.55m Kitchen: 6.00m x 4.40m Back Store: 3.45m x 2.70m WC: 1.90m x 1.65m

Maps & Location

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Centrally positioned on the High Street of Hawick, which is a wonderful town steeped in a sense of history and tradition, set amidst the picturesque Scottish Borders countryside. Known as the Home of Cashmere, the town offers a multitude of varied attractions, including the Borders Textile Towerhouse, Borders Distillery, cinema, Leisure Centre, Vertish Hill Golf Course and the award-winning Wilton Lodge Park and is famous for its proud rugby tradition. Hawick boasts a number of independent shops, public houses and bistros, as well as larger supermarkets and excellent schooling, and is also the venue for the famous annual Common Riding and popular Summer Festival. The town also offers opportunities for walking, cycling, football, horse-riding, fishing and other country pursuits and the surrounding Border towns are easily accessible, as are Edinburgh, Newcastle and Carlisle. The Borders railway has stops at Galashiels and Tweedbank, both just a 25-minute drive away.

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Pricing Information & Bidding

Opening Bid: £80,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

    * If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

General Terms & Conditions of Sale
Lot Specific Terms - 45High Street, Hawick, Scottish Borders


Buy Now Price = £145,000

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