Commercial Premises 55 High Street, Hawick, TD9 9BP

A fantastic opportunity has arisen for a developer or business owner to purchase this exceptionally spacious commercial unit located in the middle of Hawick High Street. The premises benefits from heavy on street footfall and internally extends over five floors, including a lower ground floor level. The majority of premises similar to this have been developed to provide a retail space on the ground and lower ground floor with three residential apartments above. Previously utilised as a Solicitor and Estate Agency office, the property internally consists of a large showroom/reception area, hallway, meeting room, kitchen, male and female WC's and ample storage facilities on the ground floor as well as a large basement on the lower ground level - perfect for additional storage space. Moving upward, 55 High Street comprises of four well proportioned offices on the first floor, four offices plus storage cupboard on the second floor and two offices plus storage cupboard on the third floor. In addition to the fantastic internal space, there is also an external courtyard to the rear as well as access to private parking. Overall, this would be perfect for a developer or those who are looking to open a very well positioned commercial premises on Hawick High Street. Viewings come highly recommended in order to fully appreciate.

Location:

The central Borders town of Hawick is very well placed for access to all the other towns in the region.  As Edinburgh city centre is easily accessible via the A7 and A68 by road and the new Waverly Rail Link to Tweedbank can be reached in around 30 minutes, the commuter is increasingly seeking out the Scottish Borders region as an ideal location in which to settle for a quality lifestyle with a quieter pace and houses at a more affordable price. Hawick has an excellent variety of shopping, leisure, recreational and sports facilities.  The area is renowned for its beautiful scenery, offers numerous activities for those with an interest in sporting or leisure pursuits and is steeped in a sense of history and tradition.

Rateable Value:

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £10,100 effective 1st April 2017. The uniform business rate for the current year is 49 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.

Legal Costs:

Each party shall be responsible for their own legal costs incurred in connection with the transaction with the purchaser liable for any LBTT and VAT.