The subjects comprise a retail/office premises arranged over the ground & basement floors of a three storey and basement stone built mid terraced property. The property comprises a reception area, office space & two meeting rooms on the ground floor with storage space & male and female WC facilities at basement level. Previously a bank, the property benefits from class 2 consent and would be suitable for retail or office use or alternatively restaurant use subject to consents.
Location
Hawick is situated on the A7 trunk road approximately 50 miles south of Edinburgh in the heart of the Borders. It is one of the largest towns in the Scottish Borders with its main commercial facilities centred around the High Street within which the subject premises is located. The property is situated within the main retailing thoroughfare of the town on the north west side of the High Street which benefits from a high volume of passing traffic. Occupiers in close proximity include a mixture of local and national traders including, The Bank of Scotland, Oxfam, and, Geo. & Jas. Oliver Solicitors.
Accommodation
Ground Floor 103 sq m (1109 sq ft )
Basement 25sq m ( 269 sq ft )
TOTAL 128 sq m (1378sq ft )
Terms
RATEABLE VALUE The subjects are entered in the current Valuation Roll at a rateable value of £10,300 per annum which will allow for 100% rates relief subject to the tenants other commercial properties, if any.
LEASE TERMS The subjects are being offered on a full repairing and insuring basis for a term to be agreed incorporating regular rent reviews at offers over £11,000 per annum.
EPC Released on application.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS Each party to bear their own legal costs in the documentation of this transaction; however the in-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
Specification
Key Features
- 100% Rates Relief
- Close to main trunk road links
- Easy Access to Trunk Road Links
- Immediate Entry Available
- Modern Clear Span Accommodation
- Office Accommodation
- Prime Location
- Qualifies for Rates Relief
- Retail Space
- Suitable for a variety of uses