The subjects comprise ground floor retail premises forming part of a larger building containing other commercial outlets at ground floor level and residential flats above.
According to Historic Environment Scotland, the building is Category 'B' Listed and was constructed around 1856.
The building is of 2-storeys in height, of sandstone construction having a painted finish to road frontage elevations and a rendered finish to rear elevations. The roof is of a multi-pitched design with a slate covering. The building has a curved frontage to its south-west elevation, above which is inscribed stonework and a freestanding metal coat of arms.
Internally, the property has an open plan front sales area, beyond which lies back shop accommodation providing several small storage areas, as well as an accessible staff toilet facility.
Adjacent to the toilet facility is a fire escape leading out into the car park to the rear of the building.
( Agency Pilot Software ref: 53856 )
Location
The property is located within the town centre of Airdrie, which is situated in the North Lanarkshire Council area and has a population of around 35,000.
The town lies approximately 12 miles to the east of Glasgow city centre on the A89, and adjoins the neighbouring town of Coatbridge to the west. Airdrie has good access to the motorway network via Junction 6 of the M8 approximately three miles to the south-east. Airdrie Railway Station on the Glasgow to Edinburgh line lies within convenient walking distance to the south of the property, while local buses also serve this location, including Bank Street/South Bridge Street which is almost immediately to the west of the subjects. The subject property itself lies within a block on the north side of Hallcraig Street also overlooking Mill Loan which runs to the west and north.
There are public car parks on Mill Loan to the north. The property is located in close proximity to Airdrie Town Centre and Graham Street, which lies a short distance to the south
Accommodation
Ground Floor: 69.55 sq.m. (749 sq.ft.)
Terms
LEASE TERMS The premises are offered on a long term Full Repairing and Insuring lease incorporating regular rent reviews.
RENT Our clients are seeking offers in the region of £15,000 per annum, exclusive of VAT. Incentives are available for a long-term tenant.
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £8,300. The poundage rates for 2024/2025 is £0.498 in the pound. The ingoing tenant may qualify for 100% rates relief subject to meeting the eligibility requirements of the Small Business Bonus Scheme.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt the ingoing tenant will be liable for LBTT, Extract Copies and VAT thereon
Specification
• Close proximity to Airdrie Town Centre
• Potential for 100% rates relief
• Extends to approximately 69.55 sq. m. (749 sq. ft.)
• Rental offers in the region of £15,000 per annum, exclusive of VAT
• New FRI lease available