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Iceland Food Investment - Graham Street, Airdrie

For sale: POA|6204 Sq Ft|Retail, Office, Retail - High Street, Offices


SIZE6204 Sq Ft
ADDRESSIceland Foods Plc, 23 Graham Street, Airdrie, North Lanarkshire, ML6 6DD
TYPERetail, Office, Retail - High Street, Offices
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON26th March 2021


Established Trading Location
Prominent Position
Ground & 1st Floor
Let to: Iceland Foods Ltd
Expiry: April 2024
Price On Request


Airdrie is located approximately 10 miles east of Glasgow and 30 miles west of Edinburgh with good connectivity to both cities, provided by the M8 Motorway, as well as easy access to the main arterial routes to the north and south.
Airdrie is located in the district of North Lanarkshire within the Central Belt of Scotland with a town population of 35,000 and a district population of 340,000.
Graham Street is the prime retail pitch within Airdrie and neighbouring occupiers in the immediate vicinity include a mix of local and national retailers such as Boots Opticians, Home Bargains, Superdrug and Specsavers.


The property comprises a substantial corner ground and first floor retail unit set within a 2 storey commercial development of traditional construction surmounted by a flat roof.

The development benefits from a common rear service yard with loading area.

The property offers a prominent aluminium framed and glazed frontage with double door access leading to a large open plan sales area with suspended tile ceiling and concrete floors. Partitions have been erected to the rear to form store and rear loading area with staff facilities, w.c. and office at upper floor

The unit currently benefits from Class 1 retail consent.


The property occupies the following floor area;

Ground: 358.7sqm (3,861sq ft)
1st Floor: 217.67sqm (2,343sq ft)

Total: 576.37sqm (6,204sq ft)

Executive Summary

The property is held on a full repairing and insuring head lease on the following terms;

Tenant: Iceland Foods Limited
Expiry: 29th April 2024
Passing Rent: £68,000p.a.x
Payment Cycle: Quarterly


The property is available on a freehold basis, price on request


Figures quoted are exclusive of V.A.T.


Available upon request.


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

LBTT & Registration Dues

The purchaser shall be responsible for LBTT dues incurred in the transaction

Lease & Title

Available on request

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.


Location: Iceland Foods Plc, 23 Graham Street, Airdrie, North Lanarkshire, ML6 6DD

Airdrie (0.2 miles)

Coatdyke (1.1 miles)

Drumgelloch (1.1 miles)

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