FOR SALE BY ONLINE AUCTION WEDNESDAY 21st OF MAY 2025 AT 9AM ***22 & 22B West Canal Street***RARE OPPORTUNITY TO ACQUIRE A TWO FLOOR TENANTED COMMERCIAL PROPERTY IN THE HEART OF COATBRIDGE***HIGHLY VISIBLE AND ACCESSIBLE LOCATION***
***The premises feature a prominent frontage onto West Canal Street, benefiting from substantial foot traffic and strong transport links, including proximity to Coatbridge Central and Sunnyside railway stations. Major bus routes and convenient access to the M8 and M74 motorways make this an ideal base for attracting both local and regional clientele.***
***KEY FEATURES***
*Prime town centre location*
*The ground floor is currently tenanted by Copycare (annual rent of £17,500), and the first floor is currently tenanted by Elss (annual rent of £10,000).
*High visibility with strong footfall*
*Versatile open-plan layout adaptable to various uses*
*Large display windows offering excellent signage opportunities*
*Surrounded by a vibrant mix of national and independent businesses*
*Close to local amenities, schools, and public transport
***This is a rare chance to secure a commercial asset with significant potential for growth and investment.***
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 20 West Canal Street, ML5 1PR- 3 bedroom - SOLD Dec'24 - £330,000
- 80 Rockbank Crescent, Glenboig, Coatbridge, ML5 2TA - 4 bedroom - SOLD Feb'25 - £265,000
- 3, Heathery Lea Avenue, Coatbridge, Ml5 4JT - 3 bedroom - SOLD Feb'25 - £241,000
Coatbridge is a town in North Lanarkshire, Scotland, about 8+1⁄2 miles (14 kilometres) east of Glasgow city centre, set in the central Lowlands. Along with neighbouring town Airdrie, Coatbridge forms the area known as the Monklands (population approximately 90,000 including outlying settlements), often considered to be part of the Greater Glasgow urban area.
Coatbridge is adjacent to the M8 and M73 motorways. The M74 motorway is also a short drive away. The major cities of Edinburgh, Stirling and Glasgow are all within commuting distance. There are six railway stations on the four railway lines that bisect the town: Motherwell-Cumbernauld Line; Argyle Line; Whifflet Line; and North Clyde Line. The six stations within Coatbridge and on these lines are: Blairhill; Coatbridge Central; Coatbridge Sunnyside; Coatdyke; Kirkwood; and Whifflet. Coatbridge has had additional passenger stations, such as Langloan and Calder Station (Greenend); these stations have been closed for many years.
McGill's Buses are responsible for most of the bus services in the town. The buses are all in Go Zone 8 on the McGill's network. The buses link all the major neighbourhoods with the 212 continuing on to Airdrie, Plains and Caldercruix.
Coatbridge College was built as Scotland's first college in the 1860s. As Coatbridge has moved away from the traditional heavy industries the teaching focus has shifted from traditional industry courses towards commerce, care and the arts. After resisting previous mergers, it became a campus of the multi-site New College Lanarkshire in 2014. St Ambrose High School (which opened a new building in 2013), St Andrew's High School (which opened in 2006 following a merger of the defunct Columba H.S. and St Patrick's H.S.) and Coatbridge High School[99] (new building opened in 2008 on the site of St Patrick's previous campus – Coatbridge's old campus is now occupied by Greenhill Primary and Drumpark Primary) are the main secondary schools serving the town.
Coatbridge offers a mix of amenities including:
Leisure and Entertainment:
- The Time Capsule: This popular leisure centre features a waterpark with swimming pools, an ice rink, a fitness centre, and a kids' play zone.
Summerlee Museum of Scottish Industrial Life: Explore Coatbridge's industrial heritage at this museum with a mineshaft tour, period cottages, and interactive exhibits.
- Drumpellier Country Park: Enjoy the outdoors with walking and nature trails.
- Showcase Leisure Park: Catch a movie or enjoy bowling at this leisure park.
- Gala Bingo: A bingo hall with food and drink options.
- Coatbridge Community Centre and Sports Complex: Features multipurpose rooms, a dance studio, a conditioning gym, sports halls, and outdoor pitches.
Shopping and Services:
- Local and High Street Shops: Coatbridge has a range of shops for everyday needs, including supermarkets.
- Faraday Retail Park: A retail park with various stores.
- Coatbridge Library: Part of North Lanarkshire Libraries.
- Coatbridge Library, Registrar office, local council First Stop Shop, Municipal Bank, Dental Services, Community Health Services, and GP practices
GUIDE PRICE: £230,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.