1 Newhut Road was formerly occupied by B&Q and comprises a substantial detached warehouse unit with an element of office space included.
There is a clear eaves height available of circa 4.5m.The front of the unit has the original customer entrance with 1 loading access to the front left/north elevation.
Externally there are two parking areas for 95 cars whilst at the rear of the building there is a large secure area that was previously the outdoor garden centre ideal for open storage.
Location
The subjects occupy an extremely prominent location on the south side of Newhut Road, at its junction with Bellshill Road, within the established Braidhurst Industrial Estate, lying approximately one mile to the north west of Motherwell town centre.
The surrounding area is a well established industrial location with occupiers nearby including Moorhead & McGavin, Glenisla Kilts, Thornbridge Timber Merchants and Direct Rail Services.
The property is well connected for motorway access with Bellshill Road (A721) connecting to the south with Hamilton Road (A723) which leads to the M74 (J6) to the south west. In addition, Motherwell train station is less than a mile to the south.
Accommodation
FLOOR AREAS - We estimate the gross internal area of the property to be 2,234 sq.m. (24,046 sq.ft.) approximately.
PLANNING/CHANGE OF USE - The subjects currently have Class 1 Retail use, however our clients have applied for a change of use to Class 4 (Business) and Class 6 (Storage and Distribution) uses. Parties wishing to make their own detailed planning enquiries should contact North Lanarkshire Council Planning Department. Tel 01236 632 500.
Terms
LEASE TERMS - Our clients are seeking to let the property on a new full repairing and insuring lease for a term to be agreed. Rental terms are available upon application.
RATING ASSESSMENT - The current assessment for the property shows 2 Rateable Values i.e. £186,000 for the retail warehouse and £3,100 for a separate parking area. An ingoing occupier will have the right to appeal this figure and a substantial reduction in the Rateable Value would be anticipated assuming tenant occupation in line with the proposed change to Class 4/Class 6 uses. This matter would have to be formally addressed though discussion and appeal with the Assessors Department.
ENERGY PERFORMANCE - Energy rating E. A copy of the EPC can be provided upon request.
VAT - All prices quoted are exclusive of VAT.
LEGAL COSTS - Each party will be responsible for their own legal costs.
Specification
- On busy main road close to Motherwell town centre.
- Good accessibility to M74 approx 2.5 miles to south
- (Junction 6).
- Detached former B&Q retail warehouse.
- 95 car parking spaces plus former garden centre area.
- GIA of 2,234 sq.m. (24,046 sq.ft.) approx.
- Planning application pending for Class 4 and
- Class 6 use.
- Rental terms available on application.