The subjects occupy the ground floor of a mid terraced two storey parade of retail units of brick construction with a flat roof. The ground floor has recently been sub-divided to form three separate shell units which have their own electricity meters. Unit 2 has been let to Coral Bookmakers. As part of the sub-division works, new aluminium framed toughened glass windows and doors, and perforated lathe electric roller shutters were installed.
The unit lends itself well to a number of uses, subject to planning. Convenience store use will not be considered.
Location
Newmains is a village to the east of Wishaw in North Lanarkshire and has a resident population of around 6,000. It is located at the junction of the A73 and A71 around 8 miles east of Motherwell and also enjoys reasonable 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
Measured in accordance with the RICS Code of Measuring Practice (6th edition), the unit extends to the following approximate net internal floor areas: 178.39 sq m (1,920 sq ft)
Floor plans are available on request.
Terms
ENERGY PERFORMANCE CERTIFICATE (EPC)
The property has an EPC rating of F.
BUSINESS RATES
The whole of the ground floor is currently assessed as one entry for rating purposes with a Rateable Value of £XXX Each of the newly formed units will require to be re-assessed and valued separately. On re-assessment, the unit may qualify for rates relief under the Small Business Bonus Scheme.
LEGAL COSTS
Each party to be responsible for their own legal costs in relation to this transaction.
VAT
VAT will be charged where applicable.
LEASE TERM
Our clients are seeking offers for a new full repairing and insuring lease of negotiable term.
RENT
Offers in excess of £XXX per annum are invited for Unit 3.
PLANNING
The subjects may be suitable for a variety of uses (subject to planning). For further information, you should contact North Lanarkshire Council Planning on 01236 632 500.
Specification
- Internal Floor Area 178.39 sq m (1,920 sq ft)
- Prominent position on Manse Road
- Recently sub-divided shell unit
- Newly fitted windows, doors and electric roller shutters
- Rental offers in excess of £XXX per annum