Wishaw is located within South Lanarkshire, approximately 17 miles south east of Glasgow city centre and is easily accessible via the M74 motorway network. The town has a resident population of circa 28,500 persons with a catchment in excess of 220,000 persons.
This particular unit occupies a prominent position on the south side of Kirk Road within the town centre, with nearby retailers being a mix of multiple and local, including Morrisons, Ladbrokes, Lloyds and Betfred.
The property comprises a former supermarket offering accommodation on the ground floor of 12,431 sq ft (1,125 sq m) and first floor of 1,768 sq ft (164 sq m).
Our client is soon to commence works to sub divide the unit to create a retail parade, with one unit currently under offer. Other units varying in size from 1,000 sq ft (93 sq m) to 10,500 sq ft (975 sq m) can be created subject to terms.
The property currently has Class 1 consent. The Local Planning Authority has advised they would be supportive of alternative uses.
The units are available on a term to be agreed to incorporate regular upward ony rent reviews.
Quoting terms available on request.
The property will require to be reassessed.
All terms are quoted net of VAT where applicable.
Entry is available on conclusion of legal formalities.
Each party to be responsible for their own legal costs, with the ingoing tenant responsible for LBTT, registration dues etc.
To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of Heads of Terms.
Appointments are to be made through this office.