TO LET LEISURE/RETAIL/ TRADE COUNTER OPPORTUNITY
UNIT 2, 51 LOCKS STREET COATBRIDGE, ML5 3RT
• Prominent Trade Counter, Retail or Leisure opportunity • Premises extend to 6,738 Sq Ft (625.97 Sq M) • Potential to create up to 11,384 Sq Ft, subject to receiving vacant possession • Local occupiers include Club 3000, Go Outdoors and J&W Carpets
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UNIT 2, 51 LOCKS STREET,
LEISURE/ RETAIL/ TRADE COUNTER
OPPORTUNITY
COATBRIDGE, ML5 3RT
THE LOCATION Coatbridge is situated within North Lanarkshire, approximately 10 miles east of Glasgow. Locks Street Retail Park is located on the east side of Locks Street and nearby its junction with Main Street. The property benefits from being nearby to the town centre but also having close access to the M8 motorway both east and westbound. Nearby occupiers include: Club 3000, GO Outdoors, Tile Giant and J&W Carpets. DESCRIPTION The subjects comprise a mid-terraced single storey industrial unit of steel portal frame construction, under a pitched roof. The premises consist of open plan warehouse accommodation with an in-situ mezzanine level to the rear and office accommodation to the front. ACCOMMODATION In accordance with the RICS Property Measurement (1st Edition) 2015, we calculate the following Gross Internal Area: Unit 2:
625.97 Sq m (6,738 Sq Ft)
There is the opportunity to create a unit of up to 11,384 Sq Ft subject to securing vacant possession of the adjoining premises. RATING ASSESSMENT The subjects are entered in the current Valuation Roll with a Rateable Value of: Unit 2:
£58,500
The premises are currently assessed as a Nightclub which would be subject to change on the basis of an alternative use. PLANNING POSITION We believe that the property would be suitable for a variety of uses such as Leisure, Retail or Trade Counter.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
LEASE TERMS The premises are offered on the basis of a new FRI lease for a term to be agreed between both parties.
VIEWING & FURTHER INFORMATION Strictly by appointment only through Messrs Graham + Sibbald:
ENERGY PERFORMANCE CERTIFICATE An EPC is available upon request. LEGAL COSTS Each party will bear their own legal costs however the ingoing tenant will be responsible for LBTT, Extract Copies and VAT thereon.
Contact: Tel: E-mail:
Andrew Brass 0141 567 5351
[email protected] Contact: Tel: E-mail:
Terry McFarlane 0141 567 5397
[email protected] IMPORTANT NOTICE Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices.
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