The premises comprise a single windowed retail unit arranged over the ground floor only of a modern built building with residential flats above.
Internally there is a main sales area with staff and storage facilities to the rear.
Location
Calderwood Square is a neighbourhood shopping centre located within the East Kilbride new town approximately 8 miles south east of Glasgow. East Kilbride has a direct population of 80,000 people and draws on the wider Glasgow conurbation where it is considered the 6 th largest town in Scotland.
The subject premises are located on Calderwood Road to the east of the East Kilbride Expressway.
Key occupiers within the development include Scotmid, Hector’s Deli, Greggs, Bet Fred, Rowlands Pharmacy and Simpson Opticians (who are relocating to larger premises).
Accommodation
The main dimensions and net internal areas are as follows:
Gross Frontage - 15 ft 7 ins (4.75 m)
Net Frontage - 13 ft 7 ins (4.14 m)
Ground Floor - 522 sq ft (48.49 sq m)
Terms
RATING - We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows:
Rateable Value £6,300
Commercial Rate Poundage £0.49
(exclusive of water and sewerage rates)
Rates Payable £3,087 per annum
Please note the rates payable may be subject to relief from the small business rates scheme or the recent government measures announced to assist businesses during the Covid-19 outbreak.
RENT - Offers in excess of £10,000 per annum are invited.
LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years subject to 5 yearly upward only rent reviews.
PLANNING - The premises currently benefit from Class 1 (Retail) consent. The premises may also be suitable for Class 2 (Office) and Hot Food Consent (Sui Generis) subject to securing a change of use.
LEGAL COSTS & VAT - 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), registration fees and any VAT incurred thereon.
ENERGY PERFORMANCE CERTIFICATE - EPC rating details available upon request