The subject property consists of a ground floor retail unit within a three storey terraced block. The unit benefits from a large window display area easily visible from the A723. It should be noted that the units above are of residential use. A small car park is also situated to the rear of the property.
Internally, the unit comprises a retail sales area to the front with a small kitchen, storage area and adjacent toilet.
Location
The subject property is located on Merry Street within a short walking distance of Motherwell Town Centre. The street comprises a mixture of retail and professional uses.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) we calculate a Net Internal Area of 45 sq m (488 sq ft) or thereby.
Terms
Rating
The Rateable Value (RV) of the property is currently £XXX as set by Lanarkshire Valuation Joint Board. The poundage rate for 2014/15 is set at £XXX exclusive of water and sewerage. Applicants may qualify for full business rates relief given their particular circumstances.
Enquiries relating to Business Rates Relief should be made directly to Lanarkshire Valuation Joint Board on 01698 476 000. Enquiries relating to the payment of water charges should be referred to Scottish Water on 0345 601 8855.
Planning
The premises currently possess a Class 1 (Shops) consent under the Town and Country Planning (Use Classes) (Scotland) Order 1997. The premises may be suitable for a variety of uses (subject to planning permission). For further information, please contact North Lanarkshire Council’s Regeneration and Environmental Services on 01236 632500.
Rent / Lease Terms
Offers over £XXX per annum exclusive of VAT are invited. The premises are available on the basis of a new full repairing and insuring lease. A flexible lease term will be considered.
VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Energy Performance Certificate
A copy of the report can be provided upon request.
Closing Date
Offers must be received no later than 12 noon on Friday 10th April 2015. Applications received following this date may not be considered. North Lanarkshire Properties LLP does not undertake to accept the highest, or indeed any, offer received in respect of the subject property.