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Prime Retail Premises, 48-50 Graham Street, Airdrie, ML6 6BU

2,150 Sq Ft / Retail / General Retail

To Let - £28,000.00 per annum

Available - Last updated: 19 February 2024

The premises comprise a double windowed retail unit arranged over the ground and first floors of a stone built building under a pitched and slated roof with rear access to a service yard.

Location

Airdrie is a town in North Lanarkshire that is located approximately 11 miles to the east of Glasgow and has a population in the region of 38,000 people.

The subject premises are located in a 100% prime position on edge of the pedestrianised section on the south side of Graham Street, which is the main retail thoroughfare for the town.

Nearby occupiers include Costa, Specsavers, Boots, VPZ, WH Smiths, Greggs and Vodafone.

Accommodation

The main dimensions and net internal areas are as follows:

Gross Frontage - 24 ft 0 ins  (7.32 m)

Net Frontage - 22 ft 3 ins  (6.78 m)

Ground floor - 1,359 sqft  (126.25 sqm)

First Floor - 791 sqft  (73.48 sqm) 

Terms

RATING - We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows: Rateable Value £15,500
Commercial Rate Poundage £0.498
(exclusive of water and sewerage rates)
Through the Small Business Rates relief scheme an ingoing Tenant may benefit from a rates reduction. Further details upon request.

PLANNING - The premises currently benefit from Class 1 (Retail) consent, and may also be suitable for Class 2 (Office) consent or Class 3 (Coffee Shop) either by deemed Class 1A consent or through a formal planning application, depending on specific required use. Interested parties should make their own enquiries with the Planning Department at North Lanarkshire Council.

RENT - Offers in excess of £28,000 per annum exclusive are invited.

LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum of 10 years and would be subject to 5 yearly upward only rent reviews.

LEGAL COSTS - Each party is to be responsible for their own legal costs incurred in connection with this transaction with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT) and registration fees.

ENTRY - By Agreement. Subject to vacant possession.

ENERGY PERFORMANCE CERTIFICATE - Further details available upon request.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of To Let £28,000.00 per annum

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Peter Hutton

Canning Vale Property Ltd

0141 266 0240

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