Property photos
Just added
Offers over
£120,000
(£119.40/sq. ft)
Retail premises for sale
Jerviston Street, Motherwell ML11,005 sq. ft
Local area information
Property location
Nearby amenities
- St Patrick's Primary School (New Stevenston) 0.2 miles
- New Stevenston Primary School 0.2 miles
- Holytown 0.2 miles
- Carfin 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Centre of Densely Populated Area
Stand Alone Building
1,005sq ft
Held OnF.R.I Lease
Expiry:February2027
Passing £12,200p.a.
Sale:P.O.A.
Location
The property is situated at a prominent roadside location within the town of New Stevenston in Motherwell.
Motherwell is a North Lanarkshire town of some 32,000 persons situated approximately 15 miles to the south east of Glasgow City Centre.
The area is residential in nature with a variety of owner occupied and let dwellings.
Property
The property comprises modern stand alone commercial unit surmounted but a pitched roof. Offering a single aluminium display frontage the property benefits from off street parking. Internally the property is presented in accordance with the tenants corporate specifications.
Executive Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Coral Racing Limited
Expiry: Lease expiry February 2027
Passing Rent: £12,200p.a.
Type: Full Repairing & Insuring
Coral Racing Limited is a U.K headquartered bookmakers as part of Ladbrokes Coral (gvc Holdings) with over 1,500 stores throughout the U.K.
Area
Ground: 93.4sqm (1,005sq ft)
Nav/rv
£8,800
Sale
The property is available on a freehold basis, price on request
V.A.T.
Figures quoted exclusive of V.A.T
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Stand Alone Building
1,005sq ft
Held OnF.R.I Lease
Expiry:February2027
Passing £12,200p.a.
Sale:P.O.A.
Location
The property is situated at a prominent roadside location within the town of New Stevenston in Motherwell.
Motherwell is a North Lanarkshire town of some 32,000 persons situated approximately 15 miles to the south east of Glasgow City Centre.
The area is residential in nature with a variety of owner occupied and let dwellings.
Property
The property comprises modern stand alone commercial unit surmounted but a pitched roof. Offering a single aluminium display frontage the property benefits from off street parking. Internally the property is presented in accordance with the tenants corporate specifications.
Executive Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Coral Racing Limited
Expiry: Lease expiry February 2027
Passing Rent: £12,200p.a.
Type: Full Repairing & Insuring
Coral Racing Limited is a U.K headquartered bookmakers as part of Ladbrokes Coral (gvc Holdings) with over 1,500 stores throughout the U.K.
Area
Ground: 93.4sqm (1,005sq ft)
Nav/rv
£8,800
Sale
The property is available on a freehold basis, price on request
V.A.T.
Figures quoted exclusive of V.A.T
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
More information
Listed by
TSA Property Consultants
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