Commercial property for sale in High Street, Hawick, Hawick, Scottish Borders TD9

Offers in region of £299,500 (£35.09/sq. ft)
Commercial property for sale 8,534 sq. ft*
Interested in this property? Call +44 113 427 5849 * or Request Details

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Property features

  • 8535 sq ft
  • Development Potential
  • Mixed Use
  • Fine Period Building
  • Prime Position

Property description

Substantial investment mixed use development

Period Stone Property in Hawick within the Scottish Borders, approximately 50 miles to the south east of Edinburgh. The subject property is located on High Street, the main retail pitch in Hawick in the absolute prime position set amongst many shops and eateries include high street brands such as Boots, Greggs, M&Co, Superdrug & William Hill.

Location

Hawick lies within the Scottish Borders, approximately 50 miles to the south east of Edinburgh.

The subject property is located on High Street, the main retail pitch in Hawick in the absolute prime position and is set amonst many shops and eateries include high street brands such as Boots, Greggs, M&Co, Superdrug & William Hill.

Description

The subject property comprises Category B Listed Property of stone construction over ground, 1st, 2nd & 3rd floors with a modern ground floor extension to the rear.

The subject property is currently Let To Arcadia plc who use only the ground floor and 1st floor for Class 1 retail use. The upper floors remain unused. As Arcadia are in Administration, it is anticipated that the the unit will soon be available with Vacant Possession.


Full planning consent


Is offered for the redevelopment of the building into ground and 1st floor retail and 6 apartments, (4 x 2bed and 2 x1 bed) on the 2 upper floors

Full details can be obtained from:-



Planning reference 18/01801/ful

We understand that the 106 Agreement is to be removed from the requirement of the planning conditions.

Substantial investment development potential

Accommodation

The property provides the following accommodation:-

G/F sales Zone A 156.90 m2 1,688 sq ft
G/F sales Zone B 157.14 m2 1,690 sq ft
G/F sales Zone C 59.74 m2 642 sq ft
1st/F ancillary 139.37 m2 1,499 sq ft
2nd/F development potn 157.50 m2 1,695 sq ft
3rd/F development potn 122.5 m2 1,318sq ft

Total 793.15 m2 8,534 sq ft

Price

Offers of £299,500 are invited for the Scottish Heritable Freehold interest.

All offers to be couched in Scottish Legal Terms.

We are informed that VAT is applicable to this Sale.

Scottish Valuation Roll

According to the Scottish Valuation Roll website; this property has a current Valuation Roll:-
£30,500 rv. Current nett liability £14,945

Interested parties are advised to make their own enquiries in this respect.

Viewings

For further information or to arrange a viewing, please contact Peter Davies on .

Misrepresentation Act

Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-

The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.

All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them. No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property. All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary.

Misdescriptions act 1991
These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.

All offers are subject to contract.
Details prepared February 2021

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-
The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.
All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them.
No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property.
These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.

Property info

Floorplan(s): Floorplan 1

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* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Stoneacre Properties, LS7 on +44 113 427 5849 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stoneacre Properties, and do not constitute property particulars. Please contact Stoneacre Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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