Retail Property (high street) to rent69/71 Merry Street, Motherwell ML1 1JJ
6,930 sq. ft. | £60,000 pa| £5,000 pcm
- 6,930 sq ft (643 sq m)
- Use class orders: A1 Shops and A3 Restaurants and Cafes
- Large modern retailunit with excellentfrontage
- Ground Floor -3656 sq ft(339.65 sq m)
- Lower Ground -3274 sq ft(304.16 sq m)
- Offers in the regionof £60,000 perannum
- Suitable for avariety of uses
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.
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.
GROUND FLOOR PLAN
LOWER GROUND FLOOR PLAN
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:
Net Internal Area
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.
The property has been elected for VAT purposes.
Each party to be responsible for their own legal costs incurred in connection with either a new lease or sale of the premises.
The premises has recently been granted full restaurant / cafe use. Further details can be provided upon request.
EPC rating = D.
DATE OF ENTRY
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