For Sale Retail - GVA

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For Sale Retail Former Bank Branch 172 Station Road SHOTTS ML7 4AW

November 2016 Property Ref: 10200 • Former bank branch/ retail unit • Substantial 3 storey stone built property • Benefits from class 2 planning consent • 1,937 sq. ft. (179.95 sq. m) • A closing date will be set • OFFERS OVER £65,000 invited • Rear garage and drive let at £200 pa. • DDA compliant

gva.co.uk

Location

Rates

Shotts is a small town in North Lanarkshire, with a population of around 8,000. The town sits approximately 21 miles east of Glasgow and 29 miles west of Edinburgh.

The Rateable Value is currently £8,400. It is the responsibility of the purchaser to conduct their own investigations with regard to rateable value and rating liabilities.

Shotts has good connectivity and is served by a main line railway station and is located 3 miles from the M8 motorway providing easy road connections to Glasgow and Edinburgh.

Planning

Nearby national retailers include The Co-Operative Food, Peacocks and Coral.

Description The property comprises a detached, 2 storey and attic stone built building under a pitched, slate tiled roof. There is no parking specifically allocated to the property but on-street parking is available nearby and there is a garage and driveway area to the rear of the building which is let out to Mrs Moncrieff. Windows are timber framed and single glazed throughout. The property benefits from wall mounted gas fired radiators. Internally the accommodation on the ground floor consists of a small banking hall, with cellular office space and storage over the first and second floors.

Services We understand that the property is serviced with water and electricity.

Floor Areas The Net Internal Area of the unit has been measured in accordance with RICS Code of Measuring Practice (6 th edition). Plans are available upon request. Sq ft

Sq m

Ground Floor

815

75.70

First Floor

643

59.76

Second Floor

479

44.49

Total

1,937

179.95

The property has been operating as a bank, therefore we understand has Class 2 Planning Use, providing permitted change to Class 1 (Shops).

Legal/ Title The garage and driveway to the rear of the property is currently let under a Licence to Mrs E. Moncrieff (the neighbouring proprietor of 170 Station Road) for a period of 5 years from November 2016 at a rental of £200 pa inclusive of any VAT, rates and insurance. A copy of the licence can be provided to potential purchasers. There exists a mutual right of access over the access road to the property and the pathway shared with the adjacent proprietor at 170 Station Road. The proprietor of 170 Station Road has rights of access over these areas and the costs of maintenance are shared between the two proprietors. Draft Deed Plan (area being sold comprises site outlined in red with the exception of the area shaded in pink)

Coal Reserves The property is not in an area where future mining is anticipated and there are no known mine entries within 20 metres of the title boundary for the property. However, the purchaser should be aware that the Coal Authority believes that there is coal close to the surface, and that the property is in a surface area that could be affected by 3 seams of coal at 40m-90m depth, last worked in 1948 which may impact on any future redevelopment of the property. The minerals rights are reserved, subject to compensation for any damage caused to the surface of the property. A copy of the Coal Mining Report is available upon request.

VAT

Offers Offers over £65,000 are invited for the heritable interest in this property with vacant possession of part and subject to the lease to Mrs Moncrieff. A closing date will be set and all notes of interest must be received in writing. Our clients are not obliged to accept the highest offer (or indeed any offer) at a closing date. Information on the proposed use and proof of funding may be requested to support a bid.

Viewings Viewings and further information will be available through the sole selling agent. GVA 206 St Vincent Street GLASGOW G2 2SG

The property is not registered for VAT

EPC This property has an EPC rating of ‘F’. A certificate is available upon request.

Kate Anderson T: 0141 305 6384 E: [email protected] Alison Taylor T: 0141 305 6381 E: [email protected]

Bilfinger GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limite d for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are bel ieved to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only.