Retail premises to let in 54 Brandon Parade East, Motherwell ML1

Town Centre Retail Premises To Let At 54 Brandon Parade East, Motherwell ML1 1Ly

Motherwell is the principal town in North Lanarkshire, located approximately 17 miles south east of Glasgow. The town is the headquarters of North Lanarkshire Council, which is one of Scotland’s most populated local authority areas, having an overall population of approximately 32,000 persons and a wider catchment of 515,000 persons within 15 minutes’ drive of the centre. Each week, 90,000 shoppers visit Motherwell shopping centre.

58 Brandon Parade East is located within a parade of shops, on the south side of Merry Street and are located within easy walking distance of Motherwell train station and a public car park. There are also bus stops in the immediate vicinity of the premises.

Neighbouring occupiers include British Heart Foundation, Brandon Pharmacy, Cooper Butchers and Paddy Power bookmakers.

Description

The property comprises a large retail unit, benefitting from a modern aluminium framed and glazed shop front, with staff and toilet facilities, all at ground level.

Accommodation & Floor Areas

The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows;

Floor
Accommodation
sq m
sq ft

Ground
Retail
238
2,566

Rent

Rental offers of £20,000 per annum, exclusive of VAT are invited, on the basis of a new full repairing and insuring lease for a period to be mutually agreed.

Service Charge

The new tenant will be liable for a fair equitable portion of the common service charge and insurance, which the current year equates to around £9,000pa.

Energy Performance

A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.

Non Domestic Rates

According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £26,500 per annum. Rates payable (before any relief) in the year to 1st April 2025 are £13,886pa.

Please note that new occupier has the right to appeal the current assessment.

Legal Costs

Each party to be responsible for their own legal costs incurred during the transaction, with any incoming tenant responsible for any ldtt and Registration Dues.

VAT

All prices quoted are exclusive of VAT which maybe chargeable.

Viewing Arrangements

Strictly by contacting the sole selling/letting agents:-

Anti Money Laundering

Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, DM Hall are legally required to complete due diligence on purchasers and vendors. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) shall be required to provide, as a minimum, proof of identity and residence and proof of funds for the purchase before the transaction can proceed.

Make an Enquiry

Jacqueline Towie
E:
T: Or

Gavin Anderson
E:
T: