The subjects comprise a ground and first floor retail unit within a traditional two storey building. The subjects are entered from a UPVC entrance door which leads to an open plan retailing space.
Towards the rear of the unit is an internal staircase leading to the first floor level. The unit has been finished to a good standard throughout and benefits from a newly laid concrete floor with an industrial floor covering. Walls throughout a plastered and painted. Lighting is provided by means of spotlights. The newly installed shop front allows a high degree of natural daylight into the premises. On the first floor level is a WC facility and a further open plan area which would be suitable for a number of tenants from beauty users, estate agents and general retailing.
Location
The subjects are located within the town of Wishaw which is located to the south east of Motherwell and forms one of the main towns within the North Lanarkshire area, which includes Hamilton, Motherwell and Larkhall. North Lanarkshire has a population of around 325,000 with Wishaw itself having a population of approximately 32,000.
The subjects occupy a prominent position upon Stewarton Street in close proximity to the busy retailing pitch of Main Street and Kirk Road, where there are a number of national operators and independent traders to include the following: Lloyds Pharmacy, Poundland, Costa Coffee, M&Co, Iceland, Ladbrokes, William Hill and Savers.
Accommodation
From measurements taken on site and in accordance with the RICS Code of Measuring Practice (6th Edition), we calculate the subjects extend as follows:
Approximate Gross Internal Area: 69.98 sq m (753 sq ft)
Terms
RENT/SALE PRICE We are seeking offers in the region of £XXX per annum, for the benefit of a lease on standard commercial terms. Alternatively, our client would consider an outright sale at £XXX
RATING The premises are entered into the current Valuation Roll with a Rateable Value of £XXX If an occupier qualifies for the small business bonus scheme they would benefit from 100% rates relief. Further information can be provided from the local rating department.
PLANNING We understand that the property has Planning Consent for its existing use. The property may suit alternative uses subject to obtaining all necessary planning consents. It will be incumbent upon any purchaser to satisfy themselves in this respect.
EPC A copy of the energy performance certificate can be provided to interested parties upon request.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS Each party will bear their own legal costs relative to the transaction.
Specification
• NIA – 69.98 sq m (753 sq ft)
• May qualify for 100% rates relief
• Prominent retail unit
• High levels passing traffic
• Attractive frontage
• On street car parking
• Rent: £XXX pax
• Sale: £XXX