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Agent's details

5 Main Street, ML2

For sale: £256,000.00|1,226 Sq Ft|General Retail, Retail

Property details

FOR SALE£256,000.00
SIZE1,226 Sq Ft
ADDRESS5 Main Street, Wishaw, ML2 7AF
TYPEGeneral Retail, Retail
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON20th June 2024

Description

Key Points

  • Tenant has been in occupation since 2013
  • Recently renewed for 5 years
  • Expiry in August 2029
  • Situated next to Boots, VPZ, Lloyds Pharmacy, Bank of Scotland, Savers, Greggs and Poundland
  • Passing rent of £27,500 per annum = £23.01 Zone A
  • Offers over £256,000 = NIY 10.5%
  • No VAT payable
  • Summary

    Bookmaker investment opportunity located on prime section of Wishaw Main Street.

    Description

    Double fronted ground floor retail premises.

    2 x large display windows with central customer entrance.

    Internally the subjects are fitted out to a high standard with main open-plan front area.

    Customer WC’s together with staff WC’s and tea prep are provided.

    Location

    Wishaw is situated within the North Lanarkshire Local Authority Region approximately 15 miles east of Glasgow and 3 miles east of Motherwell with a population of approximately 30,000.

    The subjects are situated in the heart of Wishaw town centre on the south side of Main Street by its intersection with Caledonia Road, Kirk Road and Stewarton Street.

    Regular bus services operate on Main Street whilst Wishaw Railway Station is a 10-minute walk south-west.
    On-street parking is provided.

    Neighbouring occupiers include Boots, VPZ, Lloyds Pharmacy, Bank of Scotland, Savers, Greggs, Poundland, Cancer Research and Chest Heart & Stroke Scotland.

    Availability_text

    The accommodation comprises the following areas:

    Location

    marker
    Location: 5 Main Street, Wishaw, ML2 7AF

    Wishaw (0.3 miles)

    Shieldmuir (1.4 miles)

    Cleland (2.1 miles)

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