Summary
The subjects comprise a ground and first floor licensed restaurant premises of traditional construction which sits under a pitched and slated roof. Ample car parking is provided to the rear of the property. The premises are also fully licensed for external covers.
Internally, the restaurant, bar and ancillary accommodation is substantial with extensive dining areas that can accommodate 90 covers. The kitchen is, as expected, fitted with extract ventilation and a range of stainless steel sink units, utility basins and fitments.
The walls of the restaurant are of plaster/paint and the ceilings incorporate a mixture of LED spot and pendant lighting. The flooring is covered in a mix of commercial laminate and high quality carpet.
The first floor is fitted out as a dedicated bar and can cater up to 75 customers.
Key Points
Main arterial routeSubjects over 2 floorsGood transport linksBusy thoroughfarePrivate car parkingRear service yardRent £40,000 paNo VAT on rent169.83 sq m (1,828 sq ft)
Lease Terms
The subjects are available to lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £40,000 per annum. Full quoting terms are available upon request.
Price
Offers over £350,000 are invited for our clients’ heritable interest (Scottish equivalent to English Freehold) in the subjects with vacant possession.
Rateable Value
According to the Scottish Assessors Association, the subjects have a Rateable Value of £14,400.
EPC
A copy of the Energy Performance Certificate (EPC) is available upon request.
VAT
The subjects are not elected for VAT, therefore, no VAT is payable on the rent.
What3words
wealth.mild.overheat
Location
The property is located on the north side of Main Street (A775), Holytown immediately across from its junction with Stevenston Street (B799). Holytown is located 2 miles to the east of Bellshill and within 3 miles to the north of Motherwell and Wishaw.
Main Street is the principal thoroughfare of the town and provides access to local bus routes and links Holytown with Bellshill. The property is centrally located with fairly densely populated housing in the vicinity.