Shotts is a small town in North Lanarkshire with a resident population of around 9,000 people. Situated between Glasgow (approximately 20 miles) and Edinburgh (approximately 30 miles) both are easily accessed via the M8 motorway or the twice-hourly train service from the town.
The property is located on Station Road, one of the town’s main thoroughfares and a 5-minute walk from the train station. Surrounding occupiers are mainly local traders with a few national operators including a Co-op convenience store.
Ground Floor 1,065 sq ft
First Floor 895 sq ft
Total 1,960 sq ft
The subject property comprises an attractive two storey detached blonde sandstone building. The ground floor provides accessible access from street level and opens onto what was the main banking hall and 3 meeting rooms. A comms room, cash office and strong room are located at the rear of the premises. The first floor comprises a residential 'flat' most recently used by the bank for staff facilities and storage.
The 'flat' is accessed via an internal stairway although it may be possible to create a separate access via the existing fire escape. In addition, there is a private car park to the rear, with a shared access road, capable of accommodating up to 8 vehicles.
Offers over £80,000 are invited for our client’s Heritable interest.
We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £10,900.00 and the rates payable are £5,428.20 pa. The UBR for 2022/2023 is 49.80p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
Each party will be responsible for their own legal costs incurred in documenting the transaction. The ingoing purchaser/tenant will be responsible for any Land and Buildings Transaction Tax (LBTT) and Registration Dues, if applicable.
Energy Performance Certificate available on request.