The premises comprise part of a single storey stone building most recently used as a bookmakers office. Adjoining properties are in separate ownerships.
The property is laid out as an open sales area with ample staff welfare and wc facilities to the rear.
Location
Hamilton is the administrative centre for South Lanarkshire and sits 15 miles south east of Glasgow city centre.
Almada Street forms part of the town centre inner ring road system and while on street parking is limited, the Welhall Road car park provides pay and display parking for £XXX per day.
The area provides a mix of commercial uses with nearby occupiers including Douglas Park Mini, National Tyres and T&A Fyfe Funeral Directors.
Accommodation
Measured in accordance with the 6th Edition of the RICS Code of Measuring Practice, we estimate the property to extend to the following floor area:
Net Internal Area: 58.58 sq m (630 sq ft)
Terms
Tenancy - While the unit is offered with vacant possession, there is a Licence Agreement in place for the advertising hoarding on the gable end of the property that is currently rolling on tacit relocation and provides a rent of £XXX per annum.
Rating - From saa.gov.uk, the unit is entered in the current Valuation Roll as NAV/RV: £XXX
With the Rateable Value at this level qualifying occupiers can apply for the Small Business Bonus Scheme that can reduce the Rates payable to £XXX
The advertising hoarding has a separate entry on the Valuation Roll with a NAV/RV of £XXX
Planning - From the property’s longstanding previous use we anticipate it benefits from a Class 2 (Office) Use.
Energy Performance Certificate - G
Terms - Our clients are offering the heritable (Scottish equivalent of freehold) interest for sale subject to, and with the benefit of, the advertising hoarding licence and seek offers in excess of £XXX
Legal Expenses - Each party will be responsible for their own legal and professional costs incurred as part of any transaction. The purchaser will also be responsible for any Registration Dues and Land & Buildings Transaction Tax that may be payable.
VAT - We understand the property has not been elected for VAT purposes and the sale price will therefore not attract VAT.