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13 Teviot Crescent, Hawick, TD9 9RE

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£90,000

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13 Teviot Crescent, Hawick, TD9 9RE

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Fantastic Commercial Opportunity

Description

  • PRIME NEW ENTRY. Rarely available bar and restaurant unit in Hawick. Rental potential of £21,600 per annum.

  • Sure to appeal to shrewd investors. Property has previously been a townhouse and has potential for re-conversion, subject to gaining necessary permissions
  • 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.

We are excited to present this

rarely available bar and restaurant unit in Hawick. 

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.

***POTENTIAL FOR RE-CONVERSION INTO TOWN HOUSE, SUBJECT TO GAINING NECESSARY PERM

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.

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

Hawick, the largest town in the Scottish Borders, is known for its rich textile heritage, stunning scenery, and affordable property market. It offers a strong community, good local amenities, and access to outdoor activities like walking, cycling, and fishing. The town has investment appeal due to its regeneration efforts, growing rental demand, and business incentives. With its historic connections to high-end cashmere production and proximity to transport links like the Borders Railway, Hawick attracts both residents seeking a peaceful lifestyle and investors looking for strong rental yields in an up-and-coming area.

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10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£15,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.