Hawick Trade Park, Burnfoot Industrial Estate, Hamilton Road, Hawick, TD9 8AP

The development occupies a prominent position on the north side of Hamilton Road in close proximity to the Dove and Jewson building merchants units within Burnfoot Industrial Estate. Our clients have achieved a very high quality tenant mix including Howdens Joinery, Travis Perkins, PTS Plumbing Supplies, Eurocell Building Plastics and Borders Removals.

Location

Hawick is situated in the heart of the Scottish Borders and is the largest town in the Borders region being slightly larger than Galashiels. The town is approximately 57 miles south of Edinburgh via the A7 trunk road which runs south to Carlisle and north to Galashiels. As at the 2001 census, the town benefited from a population of approximately 14,573 persons and a catchment in the order of 27,000 persons.

Accommodation

The development has been completed to an exceptionally high standard, comprises a total of 2,656.4 sq.m (28,595 sq.ft) and benefits from a very large yard fronting Hamilton Road plus approximately 51 car parking spaces.

Terms

We are instructed by our clients to seek offers in excess of £1.7 million (ONE MILLION AND SEVEN HUNDRED THOUSAND POUNDS STERLING) exclusive of VAT for our clients heritable interest subject to and with the benefit of the existing leases. A purchase at this level would reflect a net initial yield of approximately 8.43% after allowing for purchasers costs.