For Sale By Auction | 14:00, 30 January 2020

69-71, Merry Street, Motherwell, North Lanarkshire, ML1 1JJ

*Guide | £300,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 30/01/2020

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Large commercial unit

Fantastic opportunity to purchase this large commercial unit formed over two floors and situated at Merry Street, Brandon Parade East, Motherwell. This property was previously used as a municipal bank for North Lanarkshire Council and is fitted out with a large public area and banking counters to the front and offices to the rear at ground floor level. The lower ground floor has additional office accommodation and storage, together with good quality staff toilet facilities and kitchen. The premises have been granted full restaurant/café use (Class 3) and further details can be supplied upon request. The accommodation extends to approx: Ground Floor 323.64 sq m (3,484 sq ft), Lower Ground Floor 261.49 sq m (2,815 sq ft) - Net Internal Areas 585.13 sq m (6,298 sq ft). To the rear of the property are over 600 free car parking spaces with this property having four designated parking spaces. This property would make a fantastic opportunity for the right buyer and is priced competitively by a highly motivated seller.

Tenure

Freehold

Extensive shop frontage

Class 3 consent granted

Suitable for a variety of uses

600 free car parking spaces to the rear

Prime location with high footfall

Area

Situated on the north side of Brandon Parade East which forms part of Motherwell Shopping Centre. Motherwell is the principle town of North Lanarkshire and is located 12 miles south east of Glasgow City centre. The area of North Lanarkshire Council is one of Scotland's most populated local authority areas with a population of approximately 32,000 and a catchment of 140,000. Motherwell is accessible from J6 of the M74 motorway and the M8 motorway is also readily accessible from the town centre. The town is well served for railway stations and public transport. The premises occupy a good open position within the pedestrianised section of Merry Street on Brandon Parade East, which is situated close to the main bus terminus and a 577-space car park adjacent. Nearby occupiers include TSB Bank, J D Wetherspoon, British Heart Foundation, William Hill and North Lanarkshire Council.

Local Authority

North Lanarkshire Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.