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7 Sandbed, Hawick, TD9 0HE

£69,000

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Commercial

7 Sandbed, Hawick, TD9 0HE

Tenanted Commercial Opportunity

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Deadline for offers

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted commercial unit located within a prime location in Hawick.

  • 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.

  • 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.

  • 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.

  • 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.

PRIME NEW LISTING. We are excited to present this tenanted commercial unit located within a prime location in Hawick.

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.

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.

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.

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.

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.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

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.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

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

Total payable today if offer accepted (deposit + fee)

£12,900

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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.