The subjects comprise an attractive ground floor unit with the undernoted dimensions and accommodation.
Location
Motherwell is an established town located in the heart of North Lanarkshire approximately 13 miles south-east of Glasgow and 37 miles west of Edinburgh. The town has a resident population of circa 30,000 persons and draws on a wider catchment from the district of circa 140,000 persons.
The subjects themselves are situated in an excellent trading location immediately adjacent to Bodycare, Shoe Zone, Savers etc.
Accommodation
The main dimensions and net internal areas are as follows:-
Gross frontage - 20’10” 6.36m
Ground Floor - 1,781 sq.ft. 165.52 sq m
Terms
LEASE TERMS - Flexible lease term.
RENTAL - £37,000 per annum.
RATING ASSESSMENT - We understand the property is entered in the local Valuation Roll as follows:- Rateable Value £33,750
LEGAL COST - Each party to be responsible for their own legal costs incurred in this transaction with the in going tenant being responsible for any Stamp Duty, Land Tax and Registration Dues.
SERVICE CHARGE - Our clients have agreed to cap the annual service charge at £1,000 per annum (£0.56 psf). This compares to the prevailing service charge elsewhere in the scheme at £2.90 psf.
VAT - All prices, rents, premiums, etc., are quoted exclusive of VAT.
ENTRY - Immediate.
EPC - The EPC rating of this property is G.