The subjects occupy a ground floor unit, contained within a mid-terraced two storey parade of retail units. Externally the subject benefits from a large glazed frontage, suitable for branding opportunities and displays.
Internally, the subjects are laid out as an open plan sales area to the front of the property, with a kitchen prep, storage and DDA compliant W/C facilities to the rear. The subject is suitable for a variety of uses, subject to obtaining the appropriate planning consent
Location
Newmains is a village to the east of Wishaw, in North Lanarkshire and has a resident population of around 6,000. The subjects are located at the junction of the A73 and A71 around 8 miles east of Motherwell, and also enjoys access to the M8 motorway via Junction 6 which lies around 5 miles to the north. Newmains benefits from a range of local services and amenities with nearby Motherwell and Wishaw being the main shopping and administrative centres for the district. The property occupies a prominent position on the south side of Manse Road, within a mainly residential and commercial area. Surrounding occupiers in the immediate locale include Scotmid, The Post Office and William Hill, among local businesses and hot food premises
Accommodation
118.08 SQM (1,271 SQFT)
Terms
Our client is seeking offers in excess of £12,500 p.a.
PLANNING We understand that the property has Planning Consent for its existing use. The property may suit alternative uses subject to obtaining all necessary planning consents. It will be incumbent upon any purchaser to satisfy themselves in this respect.
RATEABLE VALUE The subjects are currently entered into the Valuation Roll at a rateable value of £11,100. The rate poundage for 2024/2025 is 49.8p to the pound. As such, incoming occupiers may benefit from 100% rates relief via the small business bonus scheme
ENERGY PERFORMANCE CERTIFICATE A copy of the energy performance certificate can be provided to interested parties.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in the transaction. The ingoing purchaser will be responsible for any Land and Building Transaction Tax (LBTT) and Registration Dues, if applicable.
Specification
- Electric Roller Shutter
- Suitable For A Variety Of Uses (Subject To Planning)
- Former Betting Office High Footfall Location
- Rent: OIEO: £12,500 p.a