The subjects comprise a retail unit and store located within the same neighbourhood retailing parade. The parade of which the subjects form part comprises of a two-storey development which appears to have been constructed in the late 1980s.
The retail area has plasterboard and wallpapered/painted walls together with a lino floor finish. The ceiling is finished with suspended ceiling tiles and has strip light fitments attached. The retail unit benefits from an aluminium framed single glazed frontage protected via a steel and manual roller shutter door.
This storage area comprises of a single open plan area which has a solid concrete slab floor whilst walls are of brick/block construction. The internal wall connecting to the retail unit is clad partially in timber panels. The ceiling is open to the concrete floor slab above and illumination is provided by one strip light fitment. WC facilities are located within the retail unit.
Location
The subjects are situated within the village of Muirhead which is set midway between Glasgow and Cumbernauld. The population is approximately 1,477 persons (based on the 2011 Census). Muirhead is located adjacent to the A80, the main link road between Cumbernauld and Glasgow and which carries a high volume of traffic at most times of the day. The subjects are located on Cumbernauld Road which is considered the main retailing area.
The subjects are located on the southern side of Cumbernauld Road within a prominent neighbourhood parade of commercial units. Surrounding occupiers comprise of primary local and regional retailers including, Cordant Heating Services, Quality Cars, The Co-operative Food, Hampton’s Hair and Beauty and Muirhead Car Centre.
Accommodation
From measurements taken on site and in accordance with the RICS Code of Measuring Practice (6th Edition), we calculate the subjects extend as follows:
• Retail Area: 67.62 sq m (728 sq ft)
• Storage Area: 24.42 sq m (252 sq ft)
• Total NIA: 91.40 sqm (980 sq ft)
Terms
ASKING PRICE We are currently seeking offers in excess of £XXX for the heritable interest in the subjects.
RATING The premises are entered in the current Valuation Roll with a rateable value of: Retail- £XXX Storage- £XXX
PLANNING We understand that the property has Planning Consent for its existing use. The property may suit alternative uses subject to obtaining all necessary planning consents. It will be incumbent upon any purchaser to satisfy themselves in this respect.
EPC A copy of the energy performance certificate can be provided to interested parties upon request.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS Please note that each party is responsible for their own legal costs relative to the transaction.
Specification
• NIA 91.40 sqm (980 sq ft)
• Prominent retailing location
• 100% Rates Relief (Subject to qualifying for SBBS)
• Busy arterial route
• On street car parking
• Rare sale opportunity
• Price: OIEO £XXX