Summary
The subjects comprise office suites on the first floor within a mid-terraced three storey building of traditional stone construction under a pitched and slated roof. Internally, the space benefits from 4 offices, a kitchenette and welfare facilities.
The floor throughout is of laminate and the walls and ceilings are of plaster/paint. Space heating is provided electrically. A courtyard at the rear provides communal parking for approximately 10 cars.
Key Points
1st floor officesSelf contained space24 hour accessWell presented officesNo VAT payable on the rentPotential for rates exemptionCommunal car parking to the rear
Tenure
Heritable Interest (Scottish equivalent of English Freehold).
Price
Offers over £85,000 are invited for our client’s heritable interest.
Lease Terms
The property is available to lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £10,400 per annum. Full quoting terms are available upon request.
Rateable Value
According to the Scottish Assessors Association, the subjects have a Rateable Value of £6,700. The occupier may be eligible for rates relief, subject to status.
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.
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Location
Motherwell is served by good road links, lying close to junction 6 of the M74 motorway which extends onto the national motorway network. The town has a main line railway station providing regular services to Glasgow and surrounding Lanarkshire towns.
The subject property is located within Motherwell town centre and situated on the east side of Muir Street, close to its junction with Hamilton Road (A723). Muir Street is close to the main retail area of Motherwell and forms part of the one way traffic system through the town centre.
Excellent public transport links are available nearby with frequent bus services operating on Muir Street and Motherwell Railway Station is within easy reach taking less than 1 minutes’ walk. Nearby occupiers include Ladbrokes, McDonald’s and Boots Pharmacy.