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Agent's details

The Vulcan, 181 Main Street

To rent: ROA|1,765 Sq Ft|Pubs/Bars/Clubs, Licensed & Leisure

Property details

TO RENTROA
SIZE1,765 Sq Ft
ADDRESSThe Vulcan, 181 Main Street, Coatbridge, ML5 3HH
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENURETo Let, Under Offer
POSTED ON13th September 2021

Description

Key Points

  • Prominent elevated position
  • Town centre location
  • Long Leasehold
  • Adjacent to High Street retail
  • High levels of passing traffic
  • Extensive customer seating area
  • Car parking to rear
  • Summary

    The Vulcan comprises the ground floor of a 2 storey end terrace building, constructed in the 1960’s.

    Description

    The Vulcan comprises the ground floor of a 2 storey end terrace building, constructed in the 1960’s. The property is of brick construction beneath a flat synthetic roof. The upper floor office is in separate ownership. There is a car parking area to the rear. Ground Floor - Trading accommodation with linear bar servery, and an open plan seating area. Customer WC’s, kitchen, office, cellar and stores are also provided. There is also a separate external storage container.

    Viewings

    Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents CBRE and Savills. Under no circumstances should any direct approach be made to any of our clients staff.

    Location

    Coatbridge is a large town within Central Scotland, 8 miles to the north of Motherwell and Hamilton and approximately 9 miles to the east of Glasgow City Centre. The town benefits from excellent road connections with the M8 motorway a short distance to the south, connecting to the M73 and M74 to the west. The town has a resident population of approximately 45,000 people. The Vulcan is located within the town centre, on the north side of the High Street at the eastern end of the pedestrianised main retailling pitch. The surrounding area is primarily in commercial use with nearby occupiers including a range of independent retailers and licensed trade occupiers.

    Terms

    Leasehold for a term expiring on 1 January 2053. The most recent annual rent was £11,804.64 which is assessed on the basis of a base rent and small percentage of annual turnover. The base rent is subject to 5 yearly upwards only review with the next review due 1 January 2023. Further details are available to seriously interested parties upon request.

    Location

    marker
    Location: The Vulcan, 181 Main Street, Coatbridge, ML5 3HH

    Whifflet (0.5 miles)

    Coatbridge Central (0.5 miles)

    Coatbridge Sunnyside (0.5 miles)

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