Share This Listing

Message

914 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • A RARE REDEVELOPMENT AND INVESTMENT OPPORTUNITY IN THE HEART OF HAWICK TOWN CENTRE
  • EXCELLENT TRANSPORT LINKS AND LOCAL AMENITIES NEARBY
  • EXCELLENT POTENTIAL FOR DEVELOPERS, INVESTORS AND MIXED USE OPERATORS ALIKE

Executive Summary

A RARE REDEVELOPMENT AND INVESTMENT OPPORTUNITY IN THE HEART OF HAWICK TOWN CENTRE***THIS PROMINENT HIGH STREET PROPERTY BENEFITS FROM PREVIOUSLY APPROVED PLANNING PERMISSION FOR THE CREATION OF 9 MODERN RESIDENTIAL FLATS***EXCELLENT POTENTIAL FOR DEVELOPERS, INVESTORS AND MIXED USE OPERATORS ALIKE***
The proposed residential scheme comprises 9 spacious apartments, each extending to approximately 600 sq ft, ideally suited to the strong local rental market and growing demand for quality town centre accommodation. The planning has now lapsed, however the previous consent demonstrates clear redevelopment potential subject to renewed approval.
At ground floor level, the commercial accommodation is already configured internally into two separate retail units, providing immediate flexibility for owner-occupiers, tenants, or future income generation. The prominent frontage enjoys excellent visibility and footfall on Hawick’s busy High Street, surrounded by established retailers, cafés, and local amenities.
***KEY FEATURES***
- Prime town centre location on Hawick High Street
- Former planning consent for 9 residential flats
- Approx. 600 sq ft per apartment
- Ground floor retail premises divided into 2 units
- Significant redevelopment and investment potential
- Mixed-use opportunity with residential and commercial income streams
- Strong rental and resale prospects
- Excellent transport links and local amenities nearby
This is an outstanding opportunity to acquire a substantial mixed-use property with proven development potential in one of the Scottish Borders’ principal towns.
***DESCRIPTION***
Period Stone Property in Hawick within the Scottish Borders, approximately 50 miles to the south east of Edinburgh. The subject property is located on High Street, the main retail pitch in Hawick in the absolute prime position set amongst many shops and eateries include high street brands such as Boots, Greggs, M&Co, Superdrug & William Hill.
Location - The property is located on High Street, the main retail pitch in Hawick in the absolute prime position and is set amongst many shops and eateries include high street brands such as Boots, Greggs, M&Co, Superdrug & William Hill.
Subjects - The property comprises Category B Listed Property of stone construction over ground, 1st, 2nd & 3rd floors with a modern ground floor extension to the rear.
In relation to the lapsed planning permission, full details can be obtained from www.scotborders.gov.uk. Planning reference 21/00378/FUL and 21/00379LBC
***ACCOMODATION***
The property provides the following accommodation:-
G/F sales Zone A 156.90 m2 1,688 sq ft
G/F sales Zone B 157.14 m2 1,690 sq ft
G/F sales Zone C 59.74 m2 642 sq ft
1st/F development potential 139.37 m2 1,499 sq ft
2nd/F development potential 157.50 m2 1,695 sq ft
3rd/F development potential 122.5 m2 1,318sq ft
Total 793.15 m2 8,534 sq ft
Room Specification

Room Size (m) Size (feet)
RETAIL UNIT 1 - 19.2m x 11.6m (62'11'' x 38'0'')
TOILET - 5.79m x 3.81m (18'11'' x 12'5'')
STAFF ROOM /OFFICE- 3.10m x 3.80m (10'2'' x 12'5'')
UNIT 2 - 19.2m x 7.5m (62'11'' x 24'7'')
TOILET
STAFF ROOM /OFFICE
We are informed that VAT is applicable to this Sale.
Scottish Valuation Roll - According to the Scottish Valuation Roll website; this property has a current Valuation Roll:-
Shop unit, 65 High Street - £14,100 RV
Shop unit, 69 High Street - £9,200 RV
Upper floors, 67 High Street - £2,750 RV
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- Pegasus Lodge, Hawick, TD9 8LL, Detached, 3 bedroom - SOLD FEB'26 - £327,500
- Crags, Buccleuch Road, Hawick, TD9 0EL, 4 bedroom - SOLD JAN'26 - £355,000
- Ellrig House, Hawick, TD9 7PR - SOLD JAN'26 - £370,000

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Building Size
8,534 SF
Year Built
1900
Price
$359,857 CAD
Price Per SF
$42.17 CAD
Percent Leased
Vacant
Building Height
4 Stories

Nearby Major Retailers

Costa Coffee
Farmfoods
Lidl
Santander
Bank Of Scotland
T S B
Sainsbury's
Morrisons
  • Listing ID: 40566017

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: 65-67 High St st, Hawick TD9 9BP

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}