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Retail Property Portfolio, 172 Bellshill Road, Forgewood, Motherwell, ML1 3SG

617 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 04 August 2016

The subjects comprise a single storey brick built detached retail unit capable of a variety of alternative uses (subject to planning permission). Electrically operated roller security shutters have been fitted.
 
The outer walls are of a brick roughcast with a bitumen felt covered flat roof.
 
Internally, the subjects are arranged in keeping with their most recent use as a bookmakers outlet and provide a main sales area, admin office and separate
male and female toilet facilities.

Location

The subjects occupy a prominent location on the east side of Bellshill Road in the Forgewood area of Motherwell.
 
The immediate vicinity includes a public car park, B&Q DIY store and are in close proximity to Motherwell Town Centre Railway Station.
 
The subjects benefit from good levels of passing vehicular traffic on Bellshill Road (A721), one of the main routes to and from the Town Centre.

Accommodation

From measurements taken on site and in accordance with the RICS Code of Measuring Practice (6th Edition), we calculate the subjects extend to approximately 57.38 sq m (617 sq ft).

Terms

RATING ASSESSMENT
The subjects are entered in the current Valuation Roll as follows:
 
Rateable Value: £XXX
 
SALE PRICE
Our clients have a long ground leasehold interest over the subjects which runs until 2077 and pays a peppercorn rent. Offers invited in the region of £XXX
 
VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
 
LEGAL COSTS
Each party will be responsible for payment of their own legal costs to be incurred in any transaction.
 
EPC
Available on request.

Specification

  • Total Net Internal Area: 57.38 sq m (617 sq ft)
  • Former bookmakers – office/retail consent
  • Potential for hot food use (subject to planning permission)
  • Prominent main road location
  • Long ground leasehold interest (until 2077)
  • Sale price: offers in the region of £XXX


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