PRIME NEW LISTING. We are excited to present this tenanted commercial unit located within a prime location in Hawick.
The property benefits from a recent revamp and enjoys excellent passing trade and footfall. It offers a fantastic chance for a shrewd investor to secure immediate cash flow with significant potential for capital and rental growth.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Location
Hawick is a charming town in the Scottish Borders, known for its rich history and vibrant community. Renowned for its textile industry, the area boasts beautiful landscapes and offers a perfect blend of rural and urban living.
Accommodation
The property comprises a welcoming entrance leading to a versatile main area, a convenient back room, ample storage spaces, and a toilet, all wrapped up in 111.06 square metres of well-utilised space.
Terms
Guide Price - £69,000
This unit is currently generating a steady income of £800 per month, totalling £9,600 annually. With a purchase at the guide price, this equates to an impressive 14% yield, making it an attractive investment opportunity.
Currently on a rolling lease since January, the property could command a rental income of £11,000 per year. This presents a great opportunity for renewing the lease or for a business owner-occupier seeking their next project or workspace.
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.