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 SQ M (1,271 SQ. FT)
Terms
PLANNING We understand that the property has planning consent for its existing use. It will be incumbent upon any tenant to satisfy themselves in this respect.
EPC A copy of the Energy Performance Certificate can be made available upon request.
LEGAL COSTS Please note that each party is to bear their own legal costs in relation to any letting or transaction. However, the in-going tenant will be responsible for any LBTT, registration dues and any VAT incurred thereon.
ANTI MONEY LAUNDERING REGULATIONS The money laundering, terrorist financing and transfer of funds (information on the payer) regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the transaction to proceed.
RENTAL Our client is inviting rental offers in the region of £12,500 per annum.
RATING The subjects are entered into the current valuation roll with a rateable value of £11,100. As such, incoming occupiers may benefit from 100% rates relief via the Small Business Bonus Scheme (SBBS). The rate poundage for 2024/2025 is 49.8p to the pound
Specification
- ELECTRIC ROLLER SHUTTER
- SUITABLE FOR VARIETY OF USES (SUBJECT TO PLANNING)
- FORMER BETTING OFFICE
- HIGH FOOTFALL LOCATION
- RENTAL: OIRO £12,500 PER ANNUM