, The Stags Head, Drumlanrig Square, Hawick, TD90AS

Guide Price
£70,000
Reduced on 24/11/2020
Future Property Auctions, Glasgow
PROPERTY TYPE
Terraced

Key features

  • FANTASTIC OPPORTUNITY TO PURCHASE POPULAR TRADING PUB IN THE BUSY BORDERS TOWN OF HAWICK.
  • The premises comprises of a lounge and seating area with pool and darts area to the rear with further seating to the front. Further benefit includes a spacious cellar to the rear at basement
  • Great Sized pub in residential area close to town centre- The bar area and lounge has a seating capacity of 50 and a standing capacity of 40
  • **ZERO BUSINESS RATES**- Rateable Value £6,400 meaning the property qualifies for the Small Business Bonus Relief. Fixtures and fittings included in sale.
  • Hawick, the largest of the Border towns, with a population of over 14,000. The Stags Head occupies a prominent position at Drumlanrig Square, just a short walk from the town centre.

Property description

** SALE BY AUCTION - 04 December 2020 **
Deadline for Offers .

A wonderful opportunity to purchase a well-established and popular public house situated in the well known and central Drumlanrig Square, benefitting from a large passing trade and loyal customer base. Stags Head, affectionally known as The Stags Heid occupies a prominent position at Drumlanrig Square, just a short walk from the town centre and trading as a fully licensed bar. The premises have a spacious lounge and seating area with various wall mounted tvs and pool and darts area to the rear, with further seating to the front. Stags Head is well-presented with a cosy and welcoming atmosphere, the current owners having recently invested in upgrading the premises internally. The bar area and lounge has a seating capacity of 50 and a standing capacity of 40, and is popular with both locals and visitors to the town. There are male and female toilets to the rear of the lounge area and a spacious cellar to the rear at basement level. There is also a large store room to the rear of the premises. Bar stock and pub furniture are included in the sale and the financial accounts and details of the premises licence are available upon written request. RATEABLE VALUE: The property qualifies for the Small Business Bonus Relief (Rateable Value £6,400.00) SERVICES: Mains water, drains, gas and electricity. Double glazing. Gas Central Heating.

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

Auction Details
04 December 2020, 4pm
Deadline for Offers,

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, The Stags Head, Drumlanrig Square, Hawick, TD90AS

Approximate location

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Tweedbank Station12.9 miles
Mortgages
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About the agent

Future Property Auctions, Glasgow

241 Kilmarnock Road Glasgow G41 3JF

Future Property Auctions, Glasgow

We are one of Scotland's largest dedicated Land and Property Auction House. Based from high street sales offices in Glasgow and Edinburgh, our regular programme of large scale Scottish property auctions feature on average 300+ lots per sale.

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Our Glasgow Property Sales Offices are located in the heart of Glasgow's South Side only 5 minutes from the city centre. Auctions are held at the Glasgow Radisson Hotel. T

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