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Retail Unit In Prominent High Street Location, 16 High Street, Carluke, ML8 4AJ

3,259 Sq Ft / Retail / General Retail

Sold - Last updated: 28 October 2019

The property comprises a large retail unit which forms the ground and first floors of a traditional mid-terraced property and extends into a single storey rear adjunct with delivery access doors onto a shared car park/yard.

Location

Carluke is situated in South Lanarkshire approximately 5 miles northwest of Lanark, 4 miles southeast of Wishaw and 7 miles southeast 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 situated at the western end of High Street opposite Market Place within the partially pedestrianised centre. High Street is populated by a mix of national and local retailers including Wm Hill, Scotmid, Semi Chem and Lloyds Pharmacy.

Accommodation

The accommodation comprises a long regular shaped retail area with a store to rear. At first floor level there is staff welfare and office accommodation.

We have calculated the net internal floor area of the property at 302.76 sq m (3,259 sq ft).

Terms

ASSET MANAGEMENT - The property offers asset management opportunity by the formation of a residential flatted dwelling at first floor level with an independent access off High Street and splitting the ground floor towards to rear to create a self-contained store. This reduces the size of the retail unit creating a more affordable and marketable unit for future occupation. Any planned development would require planning permission.

RATING ASSESSMENT - The property has been entered in the current Valuation Roll at a Rateable Value of £XXX

EPC - Energy Performance Indicator – G

Further information on request.

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.

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

Specification

  • Prominent Position on High Street
  • Good Car Parking
  • Asset Management Opportunity
  • NIA - 302.76 sq m (3,259 sq ft)


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