The subjects comprise a double fronted retail unit over ground floor only with residential accommodation above, which is under separate ownership. The building is of traditional stone construction with a pitched and slate roof.
Internally the subjects are arranged to provide an extensive retail sales area to the front with staff and storage accommodation to the rear. The property is fully fitted and effectively ready to trade.
( Agency Pilot Software ref: 15701 )
Location
Wishaw is located in North Lanarkshire and lies approximately 15 miles south east of Glasgow city centre. The town has a population of around 30,000 persons and lies close to the M8 and M74 motorways with excellent links to Scotland’s motorway network. The Main Street forms part of the A721 running through the town centre. The subjects are located on the north side of Main Street, between the junctions of Belhaven Terrace and Dryburgh Road within Wishaw town centre. The surrounding area is a mix of residential and commercial in nature and nearby occupiers include a variety of local occupiers.
Accommodation
222 SQ M (2,380 SQ FT)
Terms
EPC A copy is available upon request.
DATE OF ENTRY Immediate.
RATEABLE VALUE The subjects are currently entered in the Assessor’s Valuation Roll as having a Rateable Value of £18,300. The current UBR (2024/2025) for properties with an RV under £51,000 is £0.49p. Therefore rates payable will be in the order of £8,085. Ingoing occupiers may qualify for the Small Business Bonus Scheme where relief from £15,001 to £20,000 slides on a scale of 25% to 0%. Interested parties should make their own enquiries to the Local Authority.
VAT This property has not been elected for VAT. Any intending lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this transaction. For the avoidance of doubt, the ingoing purchaser being responsible for any Land & Buildings Transactional Tax (LBTT), registration dues and VAT as applicable
Specification
- VAT FREE PROMINENT
- POSITION WITHIN WISHAW TOWN CENTRE
- FULLY FITTED RETAIL UNIT
- EXTENSIVE FRONTAGE