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Retail Premises With Development Potential, 14 Hamilton Street/32 Cassels Street, Carluke, ML8 4HA

0.32 acres / Retail / General Retail

Sold - Last updated: 17 August 2020

The property comprises three independent buildings containing a two storey retail unit with offices and trading space at first floor level, a former garage converted to a store with mezzanine office and a single storey workshop/store. Collectively they sit on a regular shaped site with the potential to develop 12 residential flatted dwellings through a mix of new build and refurbishment. Plans of the suggested scheme can be provided on request.

Location

Carluke is situated in South Lanarkshire approximately 5 miles north west of Lanark, 4 miles south east of Wishaw and 7 miles south east of Hamilton. The town has an estimated residential population of circa 15,000 and a wider catchment population in the region of 30,000. The town has also benefited from extensive house building in recent years growing its population and requirement for town centre amenities.

The property is bounded by Hamilton Street to the east and Cassels Street to the west and north fronting a secondary retail stretch to the east of High Street. Hamilton Street and part of Cassels Street have been pedestrianised and there is a large car park nearby.

Accommodation

We have calculated the area of the site to be in the region of 0.128 hectares (0.32 acres).

Terms

RATEABLE VALUE - 14 Hamilton Street: £XXX 24/32 Cassels Street: £XXX

PRICE - Our client is seeking offers in excess of £XXX for their heritable interest with outright ownership.

VAT - Not applicable.

OFFERS - In the normal Scottish form addressed to this office. Offers conditional on planning permission being granted will be considered.

LEGAL COSTS - Each party to bear their own legal costs.

DATE OF ENTRY - To be mutually agreed.  

Specification

  • Residential Development Opportunity
  • Could Accommodate12 Flatted Dwellings
  • Planning Permission Required
  • Town Centre Location
  • Site Area - 0.128 ha (0.32 acres)


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