High Street, Hawick, TD9

***CLOSING DATE SET!***

On Thursday 20th October at 12 noon. All Electronic offers are to be sent to both [email protected] and [email protected] hard formal written copy to follow to 76 Overhaugh Street, Galashiels, TD1 1DP

Development Opportunity/ Offices

A prominent High Street development opportunity unit in a popular town. This presents an increasingly rare opportunity for a sizable town centre development. There may also be continued office use.

Location
The property is situated in a central position in Hawick. The High Street is generally characterised by a mix of residential and commercial with the ground floor predominantly commercial units and residential elements above. The street and the surrounding areas are popular for house hunters, specifically investors looking for buy-to-lets and first-time buyers will all be drawn to a property of this style and size.

Hawick provides an excellent variety of leisure and shopping facilities, schooling, medical facilities and a range of cafes, pubs, hotels, banks and restaurants. Hawick is well placed for access to several of the principal towns within the region, whilst the A7, which runs through the town, brings major routes both North and South bound within comfortable striking distance. The Borders Railway provides regular services into Edinburgh from the nearby town of Galashiels. Buyers from far and wide are becoming increasingly attracted to the Borders region as a whole. It is a beautiful area renowned for its spectacular scenery, sense of history and tradition, quieter pace of life and low crime rates. There are numerous activities on offer for those with an interest in sporting and country pursuits, while the hustle and bustle of Edinburgh’s city life is readily accessible. The area is renowned for its Golf Courses and there are several within easy reach including the championship Roxburghe within twenty minutes drive.

Description
44 High Street is a three storey plus attic level tenement building within the heart of Hawick town centre forming part of the Category A listing of the Scottish Baronial Hawick Town Hall built between 1884-1886 to plans by renowned architect James Campbell Walker.

This building is of traditional stone construction with a painted tooled ashlar finish to the High Street elevation incorporating polished ashlar window and door dressings, under a pitched roof clad in slate with flat deck to the centre with rolled lead finish. Two dormer windows are incorporated to attic level, the remaining windows to the front elevation are traditional timber frame sash and case unit.
Rainwater goods comprise cast iron units.

Planning
Established use is Class 2 (Financial, professional and Other Services) which supports a wide range of Financial, Professional and Other services, which may include Solicitors, Accountants, Estate Agents, Beauticians, Nail Bar or a range of Beauty Treatments or Therapy Suites such as Physiotherapy, Chiropractor Care, Osteopathy, chiropodist, Dentist etc.

Planning consent reference 19/01205/FUL has been approved on 3rd December 2019 to form 7 flats. A subsequent layout change for conversion to provide 6 flats.

Description     Approx. Sq m    Approx. Sq ft

Flat 1                         58.5                   630
Flat 2                         55.6                   598
Flat 3                         46.7                   503
Flat 4                         51.2                   551
Flat 5                         48.5                   522
Flat 6                       155.9                 1,678

Services
The building is believed to be connected to mains water, electricity, gas and drainage. However, interested parties are advised to rely upon their own enquiries. It is the responsibility of the purchaser to determine the exact position of existing services and to arrange for any modification/connection of these to the development in consultation with the relevant services providers.

Tenure
Absolute Ownership

Method of Sale
The site is offered for sale as a whole with vacant possession by Private Treaty.

Value Added Tax
Any prices are exclusive of VAT. The subjects are not understood to be elected to VAT.

Offers
Offers should include: The identity of the purchasers; the price offered; source of funds; clear details of any conditions attached to the offer; proposed timescale for conclusion of missives, completion and payment. A closing date may be set for offers. Please note that only those parties who formally notify their interest will be informed of the closing date. Interested parties are advised to notify the selling agents of their interest as soon as possible. The sellers reserve the right to sell privately and are not bound to accept the highest or indeed any offer.

Viewing
By appointment with the sole agents.
Edwin Thompson, Chartered Surveyors