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11 RUSSELL ST, WISHAW - LARGE RETAIL SPACE AVAILABLE - POTENTIAL FOR CONVERSION - GYM / SHOWROOM / DANCE STUDIO

For sale: POA|To rent: ROA|2091 Sq Ft|Retail, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Healthcare, Showroom, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE2091 Sq Ft
ADDRESS11 Russell Street, Wishaw
TYPERetail, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Healthcare, Showroom, Other Property Types & Opportunities
TENURETo Let, For Sale Freehold
POSTED ON22nd June 2020

DESCRIPTION

Town Centre Location
Large Frontage
Ground Floor
Class 1 Retail
2,091sq ft
Rent: £12,000p.a
Sale: P.O.A

Location

The property is situated on the south east side of Russell Street, approximately 50yrds from its junction with Main Street, within Wishaw’s town centre.
Wishaw is located in North Lanarkshire and is approximately 15 miles from Glasgow city centre. The town lies on the A71 linking the town to the A73 and M8 and also benefits from established transport networks such as the local railway station and the bus network which have frequent services to and from Glasgow.
Main Street is the main shopping destination in Wishaw. Neighbouring occupiers include occupiers Poundland, M&Co, Iceland, Semi- Chem and Vaporized.

Property

The property comprises a ground floor retail unit set within a larger 2 storey commercial development surmounted by a flat roof overlaid in felt.
The property benefits from a substantial glazed frontage with ceramic tile cladding showing individualisation from the remainder of the demise.

Internally the subjects are primarily in an open plan layout with partition erected to the rear to form staff area and storage.

Benefitting from Class 1 retail consent, the property lends itself to retailing use however may suit alternate uses, subject to planning.

Area

The property has been calculated to extend to the following net internal area;

Ground: 195.25sqm (2,091sq ft)

NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£18,600

Each new occupier has the benefit of appeal

Proposal

The property is available on a new full repairing and insuring head lease for a negotiable term for £12,000p.a

Our client would dispose of their freehold interest, price on application

V.A.T

Figures quoted are exclusive of V.A.T

E.P.C.

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

Viewing

By appointment only

Title

Available on request

LOCATION

Location: 11 Russell Street, Wishaw

Wishaw (0.2 miles)

Shieldmuir (1.4 miles)

Cleland (2.1 miles)

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