Windmillhill Street, Motherwell, North Lanarkshire, ML1 1TA
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Two-bedroom flat at 6 Windmillhill Street in Motherwell town centre, close to shops, amenities and transport links.
- Approximately 79 sq m of accommodation, comprising two bedrooms, a reception room, a kitchen and a bathroom.
- Established self-catering business operating as a short-term let for the past three years.
- Seller-reported annual takings of £23,000 to £30,000, with year-round bookings and repeat guests, including a regular guest who works for a local business.
- Accommodates up to five guests, with stays ranging from three to 28 nights.
- North Lanarkshire Council approval is in place for the current short-term let use. Buyers should confirm licensing requirements following a change of ownership.
- Scope to continue as a short-term let, explore a conventional buy-to-let or use the flat as a private home, subject to applicable requirements.
- Bid now! To avoid missing out
Description
Two-Bedroom town centre property with Established Short-Term Let Income operating as commercial property.
Three years of trading, repeat bookings and seller-reported annual takings of £23,000 - £30,000 per year.
This two-bedroom Motherwell town centre property is offered for sale by auction with an established self-catering business.
The property is currently occupied by a long-term occupant paying £1,500 per month- the property can be offered vacant but the current occupant has indicated a willingness and desire to stay in the property long-term.
Currently assessed for business rates rather than council tax. The property's rateable value is below the threshold for full Small Business Bonus Scheme relief, so an eligible purchaser could benefit from £0 business rates under the current use. Purchasers should confirm their eligibility and the property's rating position with North Lanarkshire Council, particularly if they intend to continue the existing longer-term letting arrangement.
The seller reports bookings throughout the year, including repeat extended stays from a guest who works for a local business. The flat accommodates up to five guests, with bookings ranging from three to 28 nights, making it a practical base for both short visits and longer work stays.
Extending to approximately 79 sqm, the flat comprises two bedrooms, a reception room, a kitchen and a bathroom. It comes with a free parking, making it convenient for residents and guests arriving by car.
Shops, bars, restaurants, transport links and local amenities and public transport links are all within easy reach.
The flat gives buyers several options. They could continue the short-term let business, let it on a longer-term basis or make it their own home, subject to any applicable requirements.
We can confirm North Lanarkshire Council approval is in place for the current short-term let use. Buyers should review the approval and its conditions, confirm the licensing requirements following a change of ownership and check the reported takings against the trading records.
Perfect location in Motherwell town centre, the flat is within easy reach of Brandon Parade shopping centre, cafés, restaurants and the railway station. Direct trains to Glasgow Central and Edinburgh Waverley make it a practical base for commuters and visitors, while nearby access to the M74 and free parking add convenience for guests travelling by car. The combination of town centre amenities, rail links and parking gives the property broad appeal for both short visits and extended work stays.
For sale by auction with Braveheart Auctions. Get in touch for more information about the property and its trading history, or to discuss a pre-auction offer. Braveheart Auctions hold land and property auctions every two weeks.
This lot will be offered for sale under Braveheart Auctions' terms and conditions.
Speak to our team for more information or to discuss a pre-auction offer.
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- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Visit our security centre to find out moreDisclaimer - Property reference 836FH. 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 Braveheart Auctions Limited, Edinburgh. 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 Braveheart Auctions Limited, Edinburgh on 0131 381 5170.
*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.”
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