The subjects occupy the ground and first floor of a 2 storey brick building overlaid by a mansard style roof cladding.
The external frontage to the premises incorporates a small atrium entrance of brick and PVC frame with glazed infill door as well as several aluminium framed windows at ground and first floor level. To the rear of the subjects there is a secure yard that was previously used for parking/loading purposes.
Internally, the ground floor has been split to comprise a customer sales area to the front with staff facilities and storage areas to the rear. The first floor provides further staff facilities and storage space.
Location
Coatbridge, in North Lanarkshire, is located approximately 12 miles east of Glasgow city centre, and has a resident population of around 41,200. The town is located within 2.5 miles of the M8/A8 road network (junction 8), and the A73 is located a short distance away in Airdrie.
The property is located on the southern side of Main Street towards the eastern end of the main retail parade in close proximity to the entrance of the Quadrant Shopping Centre, and occupies a prominent trading position.
Main Street itself is the main retailing parade in Coatbridge and is represented by a good mix of local and national retailers together with some leisure uses. Neighbouring occupiers include William Hill, New Look and the Buchanan Centre.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) to the following approximate net internal areas:
Ground Floor: 179.95 sq m (1,936 sq ft)
First Floor: 37.62 sq m (405 sq ft)
Total: 217.57 sq m (2,341 sq ft)
Floor plans are available on request.
Terms
EPC (ENERGY PERFORMANCE CERTIFICATE)
The property has an EPC rating of G.
BUSINESS RATES
The rateable value is £43,500.
The business rate poundage for the financial year 2014/15 is XXX, with a supplement of XXX for properties with a rateable value greater than £35,000.
VAT
Our client has confirmed that no VAT is applied to the property.
TENURE
Heritable (Scottish Equivalent of English Freehold) interest.
PLANNING
The subjects may be suitable for a variety of uses (subject to planning). For further information, you should contact North Lanarkshire Council Planning on 01236 632 500.
PROPOSAL
We have been instructed to market the property at offers in excess of £235,000.
LEGAL COSTS
Each party to be responsible for their own legal costs.
Specification
- Internal Floor Area - 217.57 sq m (2,341 sq ft)
- Town Centre Location
- Prominent Position on Main Street
- Suitable for a variety of uses (subject to planning)
- No VAT
- Offers in Excess of £235,000