2, Brandon Parade South, Motherwell, ML1 1RB

The subjects comprise the ground and first floor of a 2 storey modern building of masonry construction. The subjects benefit from a large glazed frontage with access gained via a single pedestrian door.

Internally the property offers open plan retail sales area with warehouse area located to the rear. The property benefits from ancillary office accommodation, warehouse and staff canteen located on the first floor.

The subjects have been home to Poundstretcher Limited t/a Bargain Buys since 2018. Prior to this, the subjects were occupier by Poundland and Woolworths, which displays the strength of tenant this prominent town centre pitch attracts.

We understand that the subjects are leased to Poundstretcher Limited, one of the UK's most well known discount high street retailers, with over 400 stores throughout the UK, trading under various brands.

The operating subsidiary currently trading from the subjects is Bargain Buys. Further to a CVA approved in July 2020, no rent is currently being received, however while in occupation the occupier will continue to pay non-domestic rates and the Landlord benefits from a break option under the CVA.

( Agency Pilot Software ref: 51091 )