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Attractive Retail Premises, Quarry Place, Hamilton, ML3 7BB

831 Sq Ft / Retail

Withdrawn - Last updated: 28 September 2022

The subjects comprise a ground and first floor retail unit contained withing a two storey retail development. The property benefits from an attractive glazed frontage providing two large display windows as well as pedestrian access door, all protected by steel roller shutters.

Internally, the subjects have been maintained and decorated to a high standard with an open plan sales area on the ground floor benefiting from a suspended ceiling throughout incorporating LED lighting and air conditioning units. Staff kitchen, W/C and storage facilities are located on first floor level and is accessed via internal stairwell towards the rear of the subjects.

Location

The subjects occupy a prominent position on the south side of Quarry Place, a pedestrianised retail precinct within the town of Hamilton. Hamilton is Scotland's fourth largest town with a population of 54,000 and lies 12 miles Southeast of Glasgow. Hamilton benefits from excellent road connectivity with access to the M74 Motorway located within a mile of the subjects. The M74 links with major road networks to the south and throughout Glasgow. Public transport links are readily available with Hamilton Central train station located in close proximity. Regular bus routes are also accessible within the surrounding area.

The immediate surroundings are typically retail by nature. Quarry Street is located adjacent to the subjects and is one of the main retailing thoroughfares within Hamilton. Additionally, Regent Shopping centre is located within a close distance of the subjects. Some examples of nearby occupiers include Poundland, Ramsdens, Greggs LLP and Costa.

Accommodation

Ground Floor 44.72 sq m (481sq ft )

First Floor 32.46sqm  ( 349sq ft )

TOTAL 77.18sq m ( 830sq ft )

Terms

ALE PRICE Our client is seeking offers in excess of £XXX for the heritable interest in the subjects.

PLANNING We understand that the property has Class 1 (Retail) planning consent for its existing use. It will be incumbent upon any purchaser to satisfy themselves in this respect.

RATING The subjects are entered into the current valuation roll with rateable value of £XXX As such, incoming occupiers may benefit from 100% rates relief via the small business bonus scheme. The rate poundage for 2022/2023 is XXX to the pound.

EPC A copy of the Energy Performance Certificate can be provided to interested parties.

LEGAL COSTS Please note that each party will be responsible for their own legal costs relative to any letting or transaction.

Specification

  •  NIA 77.18 SQM (830 SQFT) 
  • ATTRACTIVE RETAILING PITCH 
  • POTENTIAL FOR 100% RATES RELIEF 
  • SUITABLE FOR A VARIETY OF USES 
  • SALE PRICE: OIRO £XXX


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