27 – 29 Main Street, Shotts, ML7 5EE
- PROPERTY TYPE
Residential Development
- SIZE
Ask agent
Key features
- • PRIME NEW LISTING. We are excited to present this vacant commercial property with planning permission for conversion to two one-bedroom flats, located in a prime location in Shotts. (91 SQM)
- • **9, Empire Gate, Shotts, ML7 5DH sold for £79,000, 3, Tarbrax Path, Shotts, ML7 5EH sold for £100,400, 35, Main Street, Stane, Shotts, ML7 5EE sold for £75,000**
- • This property presents a unique opportunity with full planning permission for conversion from commercial units into two charming one-bedroom flats. Planning Ref: 21/02259/NCC.
- • Once developed, these flats could achieve an attractive rental income, estimated at £550 to £600 per month per flat, which totals to a potential combined income of £1,100 to £1,200 monthly.
- • An ambitious investor will find this property appealing for both immediate rental income and long-term capital growth. Additionally, those looking to build their dream home with potential for cus
Description
- PRIME NEW LISTING. We are excited to present this vacant commercial property with planning permission for conversion to two one-bedroom flats, located in a prime location in Shotts. (91 SQM)
- **9, Empire Gate, Shotts, ML7 5DH sold for £79,000, 3, Tarbrax Path, Shotts, ML7 5EH sold for £100,400, 35, Main Street, Stane, Shotts, ML7 5EE sold for £75,000**
- This property presents a unique opportunity with full planning permission for conversion from commercial units into two charming one-bedroom flats. Planning Ref: 21/02259/NCC.
- Once developed, these flats could achieve an attractive rental income, estimated at £550 to £600 per month per flat, which totals to a potential combined income of £1,100 to £1,200 monthly.
- An ambitious investor will find this property appealing for both immediate rental income and long-term capital growth. Additionally, those looking to build their dream home with potential for customisation, subject to necessary approvals, will find it equally enticing.
PRIME NEW LISTING. We are excited to present this vacant commercial property with planning permission for conversion to two one-bedroom flats, located in a prime location in Shotts.(91 SQM)
The property comprises two commercial units with inviting front entrances and ample storage throughout, in addition to convenient rear access.
With full planning permission secured for the conversion into residential flats, this property offers endless possibilities. Planning Ref: 21/02259/NCC.
Projected rental income showcases the strong investment potential, with estimates between £550 and £600 per flat per month, offering a lucrative return.
The property has a rateable value of £4,350, which would benefit from low-rate relief.
An ideal opportunity for investors seeking rental income and capital growth, or for homeowners eager to create their dream space with potential for personal customisation, subject to planning.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**9, Empire Gate, Shotts, ML7 5DH sold for £79,000, 3, Tarbrax Path, Shotts, ML7 5EH sold for £100,400, 35, Main Street, Stane, Shotts, ML7 5EE sold for £75,000**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Shotts is a vibrant community located in North Lanarkshire, Scotland. It offers a blend of urban convenience and picturesque surroundings. With excellent transport links to both Glasgow and Edinburgh, Shotts is a desirable location for commuters. The town provides a variety of local amenities including shops, schools, and recreational facilities, making it an ideal choice for both residents and investors.
27 – 29 Main Street, Shotts, ML7 5EE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shotts Station0.5 miles
- Hartwood Station2.1 miles
- Fauldhouse Station2.7 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 222597616. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*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.”
Map data ©OpenStreetMap contributors.