Shop/Office Premises. Residential Potential

No. 2 Gladstone Street, Hawick, Roxburghshire, Scottish Borders, TD9 0HX

Offers Over £49,500

***Closing Date: 15th April at 12 Noon***

Description

A deceptively large corner terraced property occupying the ground floor of an attractive two storey plus attic level building which is of traditional sandstone construction under a pitched slate roof.

The building has a cornered façade to Buccleuch Place and Gladstone Street with excellent display frontage. Internally, the premises have been refurbished in recent years to include plasterboard lining of external walls and re-configuration of the layout. They have recently been redecorated and are presented in good order throughout. Minor localised dampness was noted to the rear wall of the rear shop.

Windows comprise timber framed display units. Solid floors are provided throughout.

General Information

No. 2 Gladstone Street is within the ‘West End’, a relatively popular residential area of Hawick.

It is in a prominent position with curved frontage to the junction of Buccleuch Place, Myreslaw Green and Gladstone Street within the popular ‘West End’ of Hawick.

Hawick is located in the Teviot valley at the River Teviot’s confluence with Slitrig Water. The town has the largest population of any settlement in the Scottish Borders with a population of 13,810 according to the 2019 Mid-year Population Estimate compiled by National Records of Scotland, a decline of 7.5% in comparison with the population recorded at the 2001 Census. The town serves a relatively large rural hinterland.

Accommodation

The accommodation comprises:

Front shop formerly four separate offices, further triangular shaped retail area/ office to the east, Tea preparation area and WC 

Areas

The building has been measured in accordance with the RICS Code of measuring Practice to the following areas:

Net Internal Area 87.17 sq m (938 sq ft)

In Terms of Zone A 68.88 sq m (741 sq ft) 

E & 0 Measurements taken with a laser measure 

Planning

These premises are situated within the Hawick Conservation Area but do not appear to be Listed.

Established Use is presumed to be Class 1 (Retail) of the Town and Country Planning (Use Classes) (Scotland) Order 1997, but the premises would also appear well suited to Class 2 (Professional Services).

This accommodation is extremely versatile offering scope for up to five separate offices with considerable flexibility for a range of alternative applications.

In a position such as this, the premises may suit use as a convenience store, hair salon, beauticians, treatment/ therapy suites, or offices.

The premises may also offer scope to conversion to residential use, subject to obtaining the necessary consents.

Rateable Value

£4,800 effective from 01-April-2017. Rates Poundage 2021/22: £0.49

The Small Business Rates Relief Scheme (SBRR) currently provides 100% rates relief units with a combined rateable value of £15,000 or less based on the total of all the occupier’s business premises within Scotland, subject to application and eligibility. This relief scheme is reviewed annually, but the threshold is correct for the current financial year.

Services

Mains electricity, water and drainage.

Value Added Tax

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

Viewing

By appointment with the sole agents:

Edwin Thompson Chartered Surveyors

76 Overhaugh Street

Galashiels

TD1 1DP

Tel. 01896 751300

Fax. 01896 758883

E-mail: s.sanderson@edwin-thompson.co.uk

Website: www.edwinthompson.co.uk

Tenure

Absolute Ownership

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.

Offers should be addressed to:

Chief Legal Officer

Scottish Borders Council

Council Headquarters

Newtown St Boswells

Melrose

TD6 OSA

A copy of the offer should also be faxed to 01896 758883.

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.

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Quick Summary

Price £49,500
Town/City Hawick
Status New
Size (Acres)
Bathroom 1