Retail in Lilliesleaf available for sale
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Retail Properties for Sale near Lilliesleaf, Melrose

Retail Properties for Sale Within 10 miles of the Lilliesleaf, Melrose

More details for 65-67 High St st, Hawick - Retail for Sale

65-67 High Street, Hawick, Roxburghshire, TD9 - 65-67 High St st

Hawick, TD9 9BP

  • Retail for Sale
  • £195,000
  • 8,534 sq ft

Hawick Retail for Sale

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

Contact:

Online Property Auction Group

Date on Market:

18/05/2026

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More details for B6400 B6400, Jedburgh - Retail for Sale

Ancrum Cross Keys - B6400 B6400

Jedburgh, TD8 6XH

  • Retail for Sale
  • £235,000
  • 4,117 sq ft
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More details for Abbey Pl, Jedburgh - Retail for Sale

The Carters Rest - Abbey Pl

Jedburgh, TD8 6BE

  • Retail for Sale
  • £450,000
  • 5,389 sq ft
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More details for 10-12 Howegate, Hawick - Retail for Sale

10-12 Howegate

Hawick, TD9 0AB

  • Retail for Sale
  • £60,000
  • 615 sq ft
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FAQs About Retail Property For Sale in Lilliesleaf

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Lilliesleaf?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Lilliesleaf?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Lilliesleaf, Melrose

With 0 retail units currently available for sale in Lilliesleaf, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Lilliesleaf, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Lilliesleaf, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Lilliesleaf can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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