The subjects comprise the ground, first and second floors of a 3 storey building of concrete frame structure with rendered masonry and infill curtain wall glazing. Internally, the property comprises office accommodation to the following specification:
- Raised access floors
- Suspended ceilings of mineral fibre panels
- Suspended fluorescent strip lighting with metal diffusers
- Lift access to all floors
- Male/Female toilet facilities
- Kitchen/break out areas
- Double glazing
- Step free access at ground floor level
Location
The property is situated within Motherwell town centre on the pedestrianised Brandon Parade East.
Motherwell, with a population of 32,000, is located approximately 16 miles south east of Glasgow. The town is the largest within North Lanarkshire, with a total catchment of approximately 340,000 people.
The subjects occupy a prominent end of terrace position on Motherwell’s main retail street and is easily accessible to the town’s key town centre amenities. Motherwell Railway Station is located within a short walking distance with frequent connections to Glasgow.
Accommodation
The subjects are suited to a number of uses (subject to planning), and as such we have measured the property on both a net internal and gross internal basis, in accordance with the RICS Property Measurement (2nd Edition).
2nd Floor - 9,158 sq ft NIA - 10,752 sq ft GIA
1st Floor - 9,133 sq ft NAI - 10,748 sq ft GIA
Ground Floor (predominantly occupied by JD Wetherspoon Plc) - 1,820 sq ft GIA
Total - 18,291 sq ft NIA - 23,320 sq ft GIA
Terms
Local Authority Rates - We understand the premises have been assessed as follows:-
1st and 2nd Floors - £160,000.
Interested parties should contact Lanarkshire Valuation Joint Board for further information.
Long Leasehold - The ground and basement floors are occupied by JD Wetherspoon Plc and held on a long leasehold, expiring 19 August 2126.
Further details can be provided on request.
Rent/Price - The upper floor offices are available to lease from £2.00 per sq ft – further details on request.
The upper floors are also available to purchase separately or can be included with the ground floor property which is occupied by JD Wetherspoon PLC on a long leasehold expiring 19 August 2126.
Legal Costs - Each party will be responsible for their own legal costs in connection with the transaction with the purchaser being responsible for any registration fees and land and building transaction tax.
VAT - VAT is applicable at the prevailing rate.
EPC - The property has an EPC rating of F. Copies of the Certificate and Section 63 Action Plan are available on request.
Specification
- Substantial Modern Office Accomodation in Walk in Condition Available
- Passenger Lift
- Air Conditioning
- Double Glazing
- CCTV
- Kitchen & Break Out Areas
- Male/Female Toilets on both floors
- Raised access floors