The subjects comprise a ground floor retail unit and benefits from a double windowed shop front. Internally the premises comprise a main sales area with W/C, kitchen facilities to the rear.
Location
Motherwell is the principal town in North Lanarkshire, located approximately 17 miles south east of Glasgow. The town is the headquarters of North Lanarkshire Council, which is one of Scotland’s most populated local authority areas, having an overall population of approximately 32,000 persons and a wider catchment of 515,000 persons within 15 minutes’ drive of the centre. Each week, 90,000 shoppers visit Motherwell shopping centre.
The subject premises are located on the southside of Brandon Parade South, close to its junction with Merry Street. The property is located within easy walking distance of Motherwell train station and a public car park. There are also bus stops in the immediate vicinity of the premises.
Neighbouring occupiers include JD Sports, Shelter, PDSA, The Works, McDonalds and Primark.
Accommodation
The premises extend to the following approximate areas:
Ground Floor: 1,860 sq ft / 172.80 sqm
Terms
Rent - On application.
Lease - The subjects are available on a new FRI lease.
Rates:
Rateable Value: £19,800
UBR (2023/24): £0.498
Rates Payable: £9,860 pa
Planning - We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 1A consent and can therefore be used for retail/office use.
EPC - On application
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Prime Retail Unit
- Rent: On application
- NIA: Ground 1,860 sq ft