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Office for sale

69/71 Merry Street, Motherwell, ML1 1JJ

6,930 sq. ft. | £700,000

Property Description

Commercial information

  • 6,930 sq ft (643 sq m)

Key features

  • Large modern retail unit with excellent frontage
  • Ground Floor -3656 sq ft(339.65 sq m)
  • Lower Ground -3274 sq ft(304.16 sq m)
  • Offers in the region of 60,000 per annum
  • Suitable for a variety of uses
  • Class 3 Consent recently granted
  • Offers of 700,000 invited for client's freehold interest
  • Rental figure of 60,000 per annum may be considered

Full description

Location
Motherwell is the principal town in North Lanarkshire, located approximately 12 miles south east of Glasgow. The town is the headquarters of North Lanarkshire Council which is one of Scotland's most populated Local Authority areas, having an overall population of approximately 32,000 persons and a wider catchment of 140,000 persons.
Motherwell is accessible for motorway links being situated next to the M74 motorway beside the River Clyde and also has easy access to the M8 and M73 motorway networks. The town is well served for railway stations and public transport. The premises are located within the pedestrianised section of Merry Street on Brandon Parade East and situated close to the main bus terminus for the town centre. Nearby occupiers include Lloyds TSB, J D Wetherspoon, British Heart Foundation, William Hill and North Lanarkshire Council.

Description
The subjects comprise the ground and lower ground floors within a two storey building with an attractive glazed frontage underneath polished stone cladding. The property has recently been used as an Area Housing Office / Municipal Bank for North Lanarkshire Council with a large public area and banking counters to the front and offices to the rear at ground floor level. The lower ground floor has further office accommodation and storage is also provided together with staff toilet facilities.

We have measured the premises in accordance with the RICS Code of Measuring Practice 2007 (Sixth Edition) and estimate that the subjects extend to the following areas:

Ground Floor:
3656 sq.ft. - (339.65 sq.m.)

Basement:
3274 - (304.16 sq.m.)

Net Internal Area:
6930 sq.ft. (643.81 sq.m.)

Price / Rent:
Offers of 700,000 are invited for our client's freehold interest. Alternatively our client may consider a rental figure of 60,000 per annum on the basis of a new full repairing and insurance lease.

VAT
The property has been elected for VAT purposes.

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