65 - 67 High Street Hawick Roxburghshire TD9 9BP

  • 65 - 67 High Street<br>Hawick<br>Roxburghshire<br>TD9 9BP

65 - 67 High Street
Hawick
Roxburghshire
TD9 9BP

Heritable Retail Investment

  • Entirely let to Burton/Dorothy Perkins Properties Ltd who have been in occupation for at least 18 years
  • Prominent High Street Location
  • Located in popular town on Scottish Borders
  • Nearby occupiers include Superdrug, M & Co, British Heart Foundation and Santander
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    112
  • Auction
    13th October 2016
  • Rent
    £40,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £300,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
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Heritable Retail Investment

  • Entirely let to Burton/Dorothy Perkins Properties Ltd who have been in occupation for at least 18 years
  • Prominent High Street Location
  • Located in popular town on Scottish Borders
  • Nearby occupiers include Superdrug, M & Co, British Heart Foundation and Santander
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 112
  • Auction 13th October 2016
  • Rent £40,000 per Annum Exclusive
  • Status Sold
  • Price £300,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
48 miles south of Edinburgh, 61 miles north of, Newcastle
Roads
A7, A68
Rail
Gretna Green Railway Station
Air
Edinburgh International Airport
Situation

The property is situated in the centre of the historic town of Hawick in the Scottish Borders. The property occupies a prominent position on High Street opposite its junction with Murray Place. Nearby occupiers include Superdrug, M & Co, British Heart Foundation and Santander.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location
Miles
48 miles south of Edinburgh, 61 miles north of, Newcastle
Roads
A7, A68
Rail
Gretna Green Railway Station
Air
Edinburgh International Airport
Situation

The property is situated in the centre of the historic town of Hawick in the Scottish Borders. The property occupies a prominent position on High Street opposite its junction with Murray Place. Nearby occupiers include Superdrug, M & Co, British Heart Foundation and Santander.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a double fronted ground floor retail unit, forming part of a larger building.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a double fronted ground floor retail unit, forming part of a larger building.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Unit B & C Ground Retail
307.97 sq m
(3,315 sq ft)
BURTON/DOROTHY
PERKINS
PROPERTIES LIMITED
t/a Dorothy Perkins (1)
20 years from
16/05/1998
£20,000 15/05/2018
Unit D Ground Retail
204.94 sq m
(2,206 sq ft)
BURTON/DOROTHY
PERKINS
PROPERTIES LIMITED
t/a Burton (1)
20 years
from
16/05/1998
£20,000 15/05/2018
Total
512.91 sq m
(5,521 sq ft)
    £40,000  

(1) Dorothy Perkins and Burton form part of the Arcadia Group Ltd. Established more than 95 years ago, Dorothy Perkins is now one of the biggest fashion retailers in the country, with nearly 600 UK stores and more than 124 international outlets (Source: dorothyperkins.com 07/09/2016). Burton are one of the UK's largest men's fashion retailers with over 400 stores in the UK and Ireland (Source: burton.co.uk 07/09/2016)

Property Documents

  • Catalogue Page
    Updated Date
    21.09.16
    File Size
    590 KB
    View PDF
  • Site Plan
    Updated Date
    21.09.16
    File Size
    102 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
DWF LLP 110 Queen Street
Glasgow
G1 3HD
Sharon Stoddard 0333 320 2220 Sharon.Stoddard@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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