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51 Locks Street, Coatbridge, ML5 3RT

6,738 Sq Ft / Leisure / Pubs/Bars/Clubs

Let - Last updated: 12 February 2018

Prominent Industrial Space
Customer Parking
626sqm (6,738sq ft)
Opportunity To Extend Mezzanine
Former Nightclub (Leisure Consent)
Suitable for Gymnasium, Nursery, Softplay, Nightclub, Concert Venue along with a host of alternative uses (subject to planning)
 
Location 
 
The subjects are situated in Coatbridge within a prominent industrial estate accessed from travelling Northbound on the B753 from Calder Street between its junction with the A89. Accessing from Locks Steet, the subjects benefit from large open plan car park area shared with neighbouring occupiers which include Tile Giant, Club 3000 Bingo & Go Outdoors.
 
Subjects
 
The subjects comprise a 2 storey steel framed industrial unit with a dedicated rear area which could be secured to form a dedicated yard.
 
The subjects were previously utilised as a nightclub and as such are still listed as a leisure premises. Internally the subjects benefit from large customer entrance with split level ramp leading to the steel Mezzanine to the rear or the ground floor area to the rear.
 
Ground Floor benefits from timber flooring with small raised podium level around the boundary, leading to a DJ booth and 2 bar areas, male and female WC's, disabled WC and managers office. The Mezzanine benefits from bar area with 3 points of access and egress to the front elevation and fire escape to the rear.
 
The subjects would suit a host of alternative uses (subject to planning) with the majority of the partitions being of a sheet plaster nature.
 
Floor plans available on request
 
Area
 
The subjects have been measured on a Gross Internal Area basis providing the following floor area
 
G.I.A 626sqm (6,738sq ft)
 
NAV / RV
 
The subjects have been assessed in their former capacity as a nightclub and would require reassessment for any incoming tenant to adjust the NAV/RV
 
£58,500
 
Proposal
 
Our clients are offering the subjects on a new full repairing and insuring basis for a negotiable term for £40,000 per annum alternatively they would consider disposing of their freehold interest for offers in excess of £400,000
 
V.A.T
 
All prices and premiums quoted are exclusive of V.A.T
 
E.P.C
 
Available on request
 
Incentives
 
Incentives may be available to any incoming tenant. (Subject to terms and conditions)


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