BIDDING OPENS in...

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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

PROPOSED DEVELOPMENT SITE of residential flats in the former Peal Factory, Victoria Road, Hawick, Scottish Borders. EXCELLENT OPPORTUNITY for builder/developer to acquire this brownfield site.

Former factory Premises (Peal), Victoria Road, Hawick. The building is a Category C Listed Building (Ref: LB50814). The site is brownfield land and is allocated within the Local Development Plan.

The site is brownfield land and is allocated within the Local Plan for redevelopment (Site Ref: RHAWI016).

Excellent opportunity with a huge demand for new homes in rural location of the Scottish Borders. The auction house understands that the local council would consider a full planning application.

Hawick, the largest of the Border towns, with a population of over 14,000 lies on the banks of the River Teviot. The town is famous for its common riding, rugby and fine cashmere.

PROPOSED DEVELOPMENT SITE of residential flats in the former Peal Factory, Victoria Road, Hawick, Scottish Borders. EXCELLENT OPPORTUNITY for builder/developer to acquire this brownfield site. This pre-application relates to Factory Premises(Peal), Victoria Road, Hawick. The building is a Category C Listed Building (Ref: LB50814). The site is brownfield land and is allocated within the Local Plan for redevelopment (Site Ref: RHAWI016). Excellent opportunity with a huge demand for new homes in rural location of the Scottish Borders. The auction house understands that the local council would consider a full planning application.

Hawick, the largest of the Border towns, with a population of over 14,000 lies on the banks of the River Teviot. The town is famous for its common riding, rugby and fine cashmere companies such as Hawick Cashmere, Johnstons of Elgin, Lyle & Scott, and Pringle of Scotland. The town also provides an extensive choice of amenities ranging from a leisure centre, a variety of specialist independent shops including small supermarkets, and a selection of restaurants and hotels, mostly situated around the High Street. The A7 which runs through Hawick provides excellent links to Edinburgh or the north of England. The area is also served by the Borders Railway which runs from Tweedbank to Edinburgh, with the station lying approximately eighteen miles away. There is also a busy bus service with links to Carlisle, as well as Edinburgh and the other Border towns. The nearest major airports are at Edinburgh and Newcastle, which are both around 57 miles away offering flights across the UK and to a number of European and International destinations

Full Address: N Peal Factory FORMER N Peal Factory, VICTORIA ROAD, Hawick, Roxburghshire, TD9  7AH

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Pricing Information & Bidding

Opening Bid: £102,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 07 November 2024, 10am-3pm
Type: Timed Online Auction

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