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TO LET - TWIN LARGE FRONTED RETAIL UNITS ON MAIN THOROUGHFARE IN HAMILTON

For sale: POA|To rent: ROA|1020 Sq Ft|Retail, Office, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Healthcare, Showroom, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE1020 Sq Ft
ADDRESS21 a & b Gateside Street, Hamilton, ML3 7HT
TYPERetail, Office, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Healthcare, Showroom, Offices, Other Property Types & Opportunities
TENURETo Let, For Sale Freehold
POSTED ON8th September 2020

DESCRIPTION

Prominent Positioned Retail Units
Available Wholly Or Individually
From 1,020sq ft
Rates Exempt
Previous Hot Food Consent Granted
Rent: From £13,000per annum
Sale: Price on Application

Location

The property is situated on a prominent corner position on the busy thoroughfare of Gateside Street in Hamilton.

Hamilton is situated approximately 12 miles south east of Glasgow city centre. The town has excellent transport links with the A725 providing access to Scotland’s motorway network of the M8 and M74. The subjects are located on the eastern side of Gateside Street at its junction with Woodside Walk. The subjects are also in close proximity to the town’s main rail and bus stations. Nearby occupiers include Laurie Ross Insurance, Thombeau business equipment, Igloo estate agents.

Property

The property comprises ground floor retail units secured by aluminium roller shutters within a larger 2 storey commercial development. The property itself benefits from rear car parking and service yard, accessible via Woodside Walk.

We are currently offering 2 no individual properties, which are interconnected internally, however each offers partitioned private w.c. facilities and tea prep areas.

21a Gateside St benefits from a large open plan retailing space with rear door leading to the car park. The property has until recently been utilised as retail space, however has previously been granted hot food consent which may be resurrected, subject to planning.

21b Gateside St offers similar large open plan retail space with partitioned space to the rear of the demise consisting of office, store and w.c. facility.

The properties are being offered individually, however can be available as 1 larger unit, pricing available on request.

Area

The subjects have been measured on a net internal area basis extending to the following floor areas;

21a: 94.76sqm (1,020sq ft)
21b: 101.91sqm (1,097sq ft)

Total: 196.67sqm (2,117sq ft)

NAV/RV

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

21a: £12,300
21b: £13,100

Individually the properties benefit from rates exemption under the small business rates relief scheme.

Rent

Our client is offering the properties on new full repairing and insuring head leases for a negotiable term for rent as follows;

21a: £13,000per annum
21b: £15,000per annum

Sale

Our client may consider disposing 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

Available by appointment, alternatively online / virtual viewings are available on request.

LOCATION

Location: 21 a & b Gateside Street, Hamilton, ML3 7HT

Hamilton Central (0.2 miles)

Hamilton West (0.9 miles)

Chatelherault (1.4 miles)

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