Former Baird's Department Store, 1-5 Duke Street, Hamilton, ML3 7DT
- SIZE AVAILABLE
22,869 sq ft
2,125 sq m
- SECTOR
Pub for sale
Key features
- Heritable (Freehold)
- Busy location
- Prominent corner position fronting Duke Street and Quarry Street
- Opportunity to develop a large hospitality business near Hamilton Central
- Significant development potential (STP)
- Short distance from Hamilton Central station
- Excellent connectivity in close proximity to the M74
- Offers in excess of £350,000, plus VAT if applicable
- GIA - 2,126 Sq M (22,869 Sq Ft)
Description
The property comprises a three storey former department store building.
Location
Hamilton is a large town in South Lanarkshire which is situated approximately 10 miles south east of Glasgow and 37 miles south west of Edinburgh. The area is well supported by public transport with Hamilton Central and Hamilton West train stations providing regular services into Glasgow.
Baird’s occupies a prominent corner position off Duke Street (A704) and Quarry Street with Hamilton Central 180 metres to the south west. The surrounding area is predominantly commercial with nearby occupiers including Costa, Greggs, Boots and New Look. The property is situated between the New Cross Shopping Centre and Regent Shopping Centre.
Tenure
Heritable (Freehold).
Rateable Value
2023 Rateable Value - £76,000.
EPC
G-108.
Planning
The property is not listed nor situated within a conservation area.
Planning permission was granted in July 2018 (planning application number P/18/0287) for the change of use of the existing retail unit (Class 1) to a Public House (Sui Generis), Restaurant (Class 3) and Hotel (Class 7) but has since lapsed. Further details can be found on South Lanarkshire Council’s website using the following link:
Fixtures and Fitting & Stock
Fixtures and fittings have already been removed from the property.
Viewings & Terms
The property is currently closed so all formal viewings must be arranged through the joint selling agents Savills and CBRE.
Offers are invited for the benefit of our clients heritable (freehold) interest.
Guide Price
Offers in excess of £350,000, plus VAT, if applicable, are invited for the benefit of our client’s freehold interest.
Brochures
Former Baird's Department Store, 1-5 Duke Street, Hamilton, ML3 7DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hamilton Central Station0.1 miles
- Hamilton West Station0.8 miles
- Chatelherault Station1.4 miles
About Savills, Margaret Street - Licensed Leisure
33 Margaret Street, London, W1G 0JD
Notes
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