Bannerman Burke Properties
Tel: 01450 375 567
Fax: 01450 378 525
28 High Street
Hawick
Scottish Borders
TD9 9EH
80 High Street, Hawick
Offers Over £65,000 Sold (STC)
Commercial
- ESTABLISHED RETAIL PREMISES WITH TENANT IN SITU
- SECURITY SHUTTERS AND CAMERAS
- SHOP FRONT DISPLAY WINDOWS
- SOLID WOOD FLOORING
- COMBINATION GAS BOILER
- LARGE SHOP FLOOR WITH 3 CHANGING ROOMS
- OFFICE AND WC/KITCHEN
- RATEABLE VALUE £8400 PA (RATES RELEIF AVAILABLE)
A great opportunity has arisen to purchase this busy commercial premises on Hawick High Street with tenant in situ. The active lease runs for another two years and returns a rental income of £6,500pa. Good shop frontage windows allow in lots of natural light and are ideal for display purposes. The property benefits from gas central heating, good track lighting, office and WC/kitchen. The internal floor space measures approx 84 sqm (905sq ft) and rateable value is £8400pa with small business rates relief available.
The Property
Entered from the front via a timber and glazed door into the main shop floor with solid wood flooring, track lighting, central heating radiators, CCCTV and 4 changing rooms. To the rear is an office room, store and WC/kitchen where the combination gas boiler is located. The property also benefits from security shutters. High ceilings and intricate mouldings are a lovely feature. This busy retail unit has been established in the town for over 20 years.
Sales and Other Information
Viewing on request. Rateable value £8400 pa with small business rates relief available.
Services
Mains drainage, water, gas and electricity.
Current Tenancy
The current tenants run a successful well established clothing store chain in the Scottish Borders. (3 Stores) The tenancy in place is a 5 year lease starting in September 2021, therefore has two more years to run, with an additional renewal option thereafter, on a rolling one year basis. The annual rental figure is £6500 plus vat. More information with regards available upon request.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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