Property for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry. Rarely available bar and restaurant unit in Hawick. Rental potential of £21,600 per annum giving 9-10% Yield at Guide Price of £225,000.
- Sure to appeal to a variety of buyers. Would suit an owner occupier or an investor looking for an easily lettable commercial unit.
- Large premises that has a rateable value of £13,400
- The Building is split over four levels and can be used as multi-use with main door access to the ground level and the first floor which can alternatively be used to create two separate businesses or
- Property benefits from excellent footfall and is sure to appeal to landlords looking for an affordable commercial investment.
- Prime Property Auctions New Entry. Rarely available bar and restaurant unit in Hawick. Rental potential of £21,600 per annum giving 9-10% Yield at Guide Price of £225,000.
- Sure to appeal to a variety of buyers. Would suit an owner occupier or an investor looking for an easily lettable commercial unit.
- Large premises that has a rateable value of £13,400
- The Building is split over four levels and can be used as multi-use with main door access to the ground level and the first floor which can alternatively be used to create two separate businesses or owner accommodation/holiday lets while still running the ground floor as a bar/café.
- Property benefits from excellent footfall and is sure to appeal to landlords looking for an affordable commercial investment.
Prime Property Auctions New Entry. Rarely available bar and restaurant unit in Hawick. Rental potential of £21,600 per annum giving 9-10% Yield at Guide Price of £225,000.
The Building is split over four levels and can be used as multi-use with main door access to the ground level and the first floor which can alternatively be used to create two separate businesses or owner accommodation/holiday lets while still running the ground floor as a bar/café.
There is a further opportunity to renovate the cellar to accommodate a pool/entertainment lounge.
The property comprises of two bar/seating areas located on the ground and first floor, four wash rooms on the ground and top level, a well equipped kitchen on the first floor with main door access to the first floor and a separate main door access to the ground floor.
Property was independently valued at £240,000.
Sure to appeal to a variety of buyers. Would suit an owner occupier or an investor looking for an easily lettable commercial unit.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Location:
Discover an exceptional commercial opportunity in the heart of Hawick, Scotland. This prime property is strategically located within a bustling commercial hub, surrounded by a vibrant business community, making it an ideal choice for those seeking a strategic and thriving location for their enterprise. Benefit from excellent visibility, accessibility, and a supportive business environment that Hawick has to offer, making it the perfect setting for success and growth.
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Property reference 198110078. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on April 20, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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