Hawick is a Scottish Borders town famous for its cashmere and knitwear industry, with brands like Hawick Cashmere and Lyle & Scott still manufacturing here. The town hosts the annual Common Riding, one of Scotland's most spectacular equestrian festivals. Its remote Teviotdale location creates a self-contained economy, though the proposed Borders Railway extension could transform connectivity.
“Famous textile town. Strong cashmere and knitwear industry. Borders heritage tourism.”
— CMB Market Analysis
Hawick town centre regeneration; textile heritage interpretation; former mill conversions; Galalaw business park; Tower Knowe; Borders Railway extension campaign; Heart of Hawick creative hub
Led by Matt Lenzie, ex-Lloyds Bank & Bank of Scotland, with direct lender relationships across Scotland. LinkedIn
Hawick presents development opportunities linked to Hawick town centre regeneration. Growing demand from the Cashmere & Textiles sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Selective appetite. Textile sector understood.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Hawick and the wider Scotland region, from commercial property purchases to rural commercial conversions.
Hawick is a Scottish Borders town famous for its cashmere and knitwear industry, with brands like Hawick Cashmere and Lyle & Scott still manufacturing here. The commercial property market benefits from strong demand across Cashmere & Textiles, Agriculture, Retail sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 7.5% and 9.5% price growth over five years, Hawick offers compelling returns for commercial property investors. Excellent connectivity via A7 to Edinburgh (55 miles)/Carlisle (45 miles) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Hawick town centre regeneration, further enhances the investment outlook and signals sustained public and private sector confidence.
Distinct legal framework for property transactions requires specialist Scottish conveyancing expertise. Business rates policies differ from England, and some lenders apply Scottish property restrictions.
Hawick's commercial property landscape has been shaped by Hawick town centre regeneration. Growth in the Cashmere & Textiles sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
The local planning authority for Hawick operates within Scotland, with policies that support sustainable commercial development and town centre vitality. The local plan identifies key development sites and employment areas, and the council has demonstrated a pragmatic approach to commercial property applications.
Commercial property news for Hawick will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Scotland.