Summary - 30/3, HIGH STREET, HAWICK TD9 9EH
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime central High Street location with high foot traffic
- Front shop area measuring approximately 8.17 x 4.00 meters
- Includes WC, staff area, and small kitchen
- Currently tenanted with a rental yield of 8% based on asking price
- 100% Council Rates Relief applicable
- Freehold tenure with lease in place until October 2027
**Potential Downsides:**
- Short lease term may pose mortgage financing challenges
- Area classified as deprived
Situated in the bustling heart of Hawick, this commercial property at 30 High Street offers a strategic investment opportunity with an existing tenant until October 2027, generating an attractive rental income of £6,000 per annum. The property has been well-maintained and recently upgraded, featuring a spacious front shop, a separate cloakroom/WC, and a practical staff area with a small kitchen—ideal for diverse commercial operations.
With a total space of approximately 524 sq.ft, the unit's neutral décor and electric heating make it welcoming and functional. The prime location benefits from significant footfall, enhancing visibility for any business venture. Prospective buyers will appreciate the surrounding amenities—including cafes, shops, and a bus stop—adding convenience for both staff and customers.
However, be mindful that the remaining lease term may limit financing options for buyers seeking mortgage assistance. The potential for safe and steady returns makes this property a noteworthy prospect in Hawick's retail market, perfect for those looking to capitalize on a vibrant trading environment. Act quickly—properties with such rental yields in a central location seldom remain available for long!
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