Occupying a prime position within the town centre, extensive retail premises over 2 floors with potential for sub-division. 7890 sq ft ground floor of principal retail area with 8310 sq ft on first floor offering storage and staff welfare facilities with secondary access off Church Street. Energy rating C.
Location
Coatbridge is located within the North Lanarkshire regionapproximately 10 miles east of Glasgow and close to the M8, M73 and M74 motorways. The town has a resident population of over 30,000 persons and has good rail links to Glasgow, Edinburgh and surrounding Lanarkshire towns. Main Street forms part of the main retail precinct within the town centre, with the subjects occupying a prime position on the north side of the street close to its junction with Church Street. Nearby occupiers include Lloyds Pharmacy, Specsavers and BrightHouse.
Accommodation
The subjects comprise a large retail unit (former Woolworths) contained over the ground and first floor of a three-storey, concrete and brick built property. The building is broadly rectangular in shape with the main retail sales areas at ground floor level with storage and staff welfare accommodation on the first floor. Primary access is off Main Street with secondary access from Church Street offering potential to subdivide the premises to suit retailer requirements.
FLOOR AREA
We calculate the property to extend to the following Net Internal floor areas:
Ground Floor 773 sq.m (7,890 sq.ft)
First Floor 772 sq.m (8,310 sq.ft)
Total 1,505 sq.m (16,200 sq.ft)
RATING
Reference to the assessors website has shown that the subjects are entered in the current Valuation Roll with a Rateable Value of £XXX Please note that a new occupier has the right to appeal the current assessment.
Terms
RENT
Rental offers of £XXX per annum are invited on the basis of a new full repairing and insuring lease of negotiable term. Consideration will be given to sub-division and further details are available on request to the joint agents. All prices are quoted exclusive of VAT (if applicable).
EPC
A copy of the Energy Performance Certificate is available upon request.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred during the transaction with the incoming tenant responsible for any LBTT and registration dues in the event of a lease.
VIEWING & FURTHER INFORMATION
Strictly by prior arrangement with the joint agents