Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Office Investment For Sale, West George Street, Coatbridge, ML5 2BY

5,728 Sq Ft / Offices

For Sale - £220,000.00

Available - Last updated: 15 January 2023

The subjects comprise a two-storey office building and adjacent car parking facilities. The space within the ground floor is laid out in a cellular fashion, with the first floor providing open plan accommodation. W/C and kitchen facilities are located at both ground and first floor level.

The subjects benefit from gas central heating and suspended ceilings with recessed lighting. A fire escape stairwell is located to the rear of the building.

The ground floor of the premises are currently occupied by a Right Track Scotland Ltd on a month-to-month lease, on a peppercorn rent of £12,000 per annum.

Vacant possession therefore can be provided to purchasers, or alternatively an asset management opportunity exists whereby new lease terms may be agreed.

Location

The subjects are situated to the north-west of Coatbridge, in close proximity to the town centre. The location benefits from nearby access to Junction 2A of the M73 and Junction 8 of the M8 motorway, both of which link Coatbridge with major road networks throughout Scotland. Sunnyside train station, is located a short distance away. Regular bus routes are also available throughout the town.

Accommodation

Ground Floor 266.55 sq m(2,869sq ft )

First Floor 265.74sq m( 2,860 sq ft )

TOTAL 532.15 sq m (5,729sq ft )

Terms

GUIDE PRICE Our client has set a guide price of £220,000 for the heritable interest in the subjects.

RATEABLE VALUE The subjects are entered separately into the current valuation roll as follows: Part Ground Floor - £3,400 Part Ground Floor - £8,000 1 st Floor - £12,900 The rate poundage for 2022/2023 is £0.498 to the pound.

TITLE Available to view on request.

ANTI MONEY LAUNDERING REGULATIONS The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

Specification

  •  CLOSE PROXIMITY TO COATBRIDGE TOWN CENTRE 
  • IMMEDIATE ASSET MANAGEMENT OPPORTUNITY 
  • DESIGNATED CAR PARKING AVAILABLE 
  • GUIDE PRICE: £220,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £220,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Adam Honeyman

Shepherd Commercial

0141 432 1235



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.