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For Sale by Auction on 27th February 2025, Heritable Retail Investment, 30 High Street, Hawick, TD9 9EH

726 Sq Ft / Retail / Investment

Withdrawn - Last updated: 01 March 2025

For Sale by Auction on 27th February 2025

The ground floor only of a larger four storey building arranged as a retail unit totalling approximately 67.47 sq m (726 sq ft).

Location

Hawick lies in the Scottish Borders approximately 9 miles south east of Selkirk and 47 miles south east of Edinburgh. It can be accessed via the A7 and A698 with the A7 providing access to Edinburgh to the north and junction 44 of the M6 motorway to the south at Carlisle. Regional rail services can be found at nearby Tweedbank railway station and national rail services can be accessed at Carlisle railway station. Additionally numerous bus routes serve the area.

High Street is the principal retail thoroughfare in the town with the property lying on its east side near its junction with Cross Wynd. Notable nearby occupiers include Farmfoods, Oxfam, Bank of Scotland, Costa and Greggs.

Accommodation

Ground Floor Retail - 67.47 sq m (726 sq ft)

Terms

Tenure - Heritable

Guide Price - £40,000

Specification

  • Heritable retail investment
  • New three year lease
  • Ground floor retail unit
  • Approximately 67.47 sq m (726 sq ft)
  • Town centre location
  • Producing £6,000 per annum
  • Guide price reflects a gross initial yield of 12% 


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