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Retail Investment For Sale, Unit A + B 21, Gateside Street, Hamilton, ML3 7HT

2,177 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 26 September 2023

The subjects comprise two adjoining retail units arranged over ground floor only forming part of a larger two-storey commercial building of red sandstone construction and having the benefit of car parking and service access to the rear, which is under our clients ownership and forms part of the sale.

( Agency Pilot Software ref: 51680 )

Location

Hamilton is situated approximately 12 miles south east of Glasgow city centre. The town has excellent transport links with the A725 providing access to Scotland’s motorway network of the M8 and M74. The subjects are located on a prominent corner position on a busy commercial thoroughfare shopping to the south of Hamilton Town Centre, situated in close proximity to Hamilton Central railway station. Occupiers within vicinity include a mix of national and local retailers and food outlets including Pizza Hut, Dominos, Monterey Jacks and William Hill.

Accommodation

21A Hot food Unit 94.76sq m( 1020sq ft )

21B Hot food Unit 101.91 sq m  (1097sq ft )

Terms

PRICE Offers in the region of £280,000 exclusive of VAT are invited for the Heritable Title, subject to the leasing agreements in place.

RATING ASSESSMENT All information regarding the subjects Rateable values can be found by visiting www.saa.gov.uk VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).

ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.

LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt the purchasers will be liable for LBTT, Extract Copies and VAT thereon

Specification

• Busy roadside position within Hamilton Town Centre
• Two retail units with hot food consent
• Total income: £29,000 per annum
• Current tenants in situ (long-term)
• Offers in the region of £280,000 are invited


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