Buzz Bingo Coatbridge, Faraday Retail Park, Coatbridge, Lanarkshire, ML5
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Long leasehold leisure investment (142 years unexpired at peppercorn)
- Let to Buzz Group Ltd - largest bingo operator in the UK
- Excellent location in Central Coatbridge and within Faraday Retail Park
- WAULT of over 14 years
- Current rent of £286,395 pa - equating to £9.80 psf
- Annual RPI indexed rental collar and capped 1% and 4% - next review January 2026
- The premises comprises approximately 29,223 sq ft (2,715 sq m) on a 1.87 acre site
Description
Coatbridge is located within North Lanarkshire, approximately 8 miles east of Glasgow. The property is prominently situated within Faraday Retail Park, which is located off the A725. Outside of the retail park, the area is predominantly residential. The area is well connected to the wider Scottish trunk road network, located 1.5 miles north of the M8.
SITUATION
The property is situated on a busy retail park with occupiers including TK Maxx, Currys, B&M, Poundland and Tesco. Surrounding the site and retail park is predominantly residential housing with further large occupiers including B&Q and Asda alongside several hospitality venues.
The property is well-connected to public transport with two train stations within 12minutes walking distance of the property; Coatbridge Central followed by Whiffet. Both stations provide services into Glasgow city centre. The retail park has a dedicated bus stop with services to the local area.
PROPERTY DESCRIPTION
The property is a modern, purpose-built bingo hall of steel framed construction. Internally, the main bingo hall with bar and diner is on the ground floor, with staff areas on the first floor. The building extends 29,223 sq ft on a 1.87-acre site. There is a customer car park for approximately 54 vehicles, with additional space available on the larger site.
Brochures
Buzz Bingo Coatbridge, Faraday Retail Park, Coatbridge, Lanarkshire, ML5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Whifflet Station0.4 miles
- Coatbridge Central Station0.4 miles
- Coatbridge Sunnyside Station0.6 miles
Notes
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