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Property for sale
13 Teviot Crescent, Hawick, TD9 9RE
£125,000
13 Teviot Crescent, Hawick, TD9 9RE
£125,000
Price History
Initial price | £225,000 |
26/10/23 | £185,000 |
23/01/24 | £225,000 |
17/02/24 | £125,000 |
Price Change | -44.44% |
Description
A rare opportunity to purchase a bar and restaurant unit in the heart of Hawick, Scotland. The property boasts a rental potential of £21,600 per annum, giving a yield of 9-10% at a guide price of £225,000. The building is split over four levels and can be used for multi-use, with main door access to the ground and first floor. The property also benefits from a rateable value of £13,400 and has been independently valued at £240,000. The location is ideal for an owner occupier or investor, with excellent footfall and a supportive business environment. The property is due for auction in an upcoming timed online auction and is available for immediate purchase.