A Highlander town (5)
I believe the answer is:
ascot
'town' is the definition.
(I've seen this before)
'a highlander' is the wordplay.
'highlander' becomes 'scot' (I've seen this in another clue).
'a'+'scot'='ASCOT'
(Other definitions for ascot that I've seen before include "Tie or cravat" , "Where ladies wear new hats" , "Broad necktie" , "Horse-racing venue" , "somewhere in Berks" .)