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Commercial property for sale

2, Market Buildings, Hallcraig Street, Airdrie, ML66AH

Guide Price* £235,000

Property Description

Key features

  • Attractive large commercial site with planning for 23 residential flats and 4 commercial shops
  • Approximately 17,000 sq footage in total - superb potential
  • Planning Application - 11/00233/FUL, Lanarkshire Council
  • Popular town centre location would be ideal for redevelopment
  • FANTASTIC DEVELOPMENT OPPORTUNITY - Listed building with rates relief

Full description

This former bingo hall and amusement arcade lies on the north side of Hallcraig Street where it meets Mill Street in the heart of Airdrie town centre. The surrounding area consists of a mix of retail, residential and general business use with ample car parking in the immediate vicinity. The property is built in stone and rendered brick over 2 floors. The roofs are pitched and slated. There are two entrances on the curved front of the building. The first floor offices have their own entrances at 8-10 Hallcraig Street and a rear staircase to street level. The property now has planning for redevelopment - 11/00233/FUL - to residential on the upper floors and commercial on the ground floor. Planning has been obtained for 23 residential flats and 4 shops or restaurants with uses subject to necessary consents. Convenient to local shops in Airdrie town centre only minutes away. Located close to Train Station which provides direct train access between Glasgow and Edinburgh. Good rental potential for resi units due to prominent location. Rental potential up to 500 pcm; with expected incomes from shop units to vary depending on use. To be sold as Lot 36b by Public Auction on Tuesday 12th June 2012 at 7.30pm at the Radisson BLU Hotel, 301 Argyle Street, Glasgow, G2 8DL. Phone or submit an enquiry form to get the full Auction Catalogue and further details regarding this sale. -- Submit An Offer/ Buy Now: You can submit a verbal offer at any time (Pre-Auction or Post-Auction) on any of our properties for the vendor to consider. If the vendor is willing to accept your offer and sell you the property now you will be required to pay an immediate 10% deposit (Min 3,000) to secure the purchase and withdraw the property from being offered at the next auction.

Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Future Property Auctions, Glasgow on 0141 632 6599.

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