£60,000
(£53.96/sq. ft)
Restaurant for sale15 Stewarton Street, Wishaw ML2
1,112 sq. ft
Leasehold
About this property
Prominent trading location
Main road frontage
Busy thoroughfare
High standard fit-out
Turnkey opportunity
Estimated Rates Payable: £6673.2
Description
The subjects comprise a corner ground floor hot food takeaway within a mixed-use building of masonry construction under a pitched and slate tiled roof. The building is arranged over two floors.
The takeaway is accessed via a single recessed pedestrian door which leads into the customers waiting area. Internally, the space is fitted out to a high standard in corporate branding. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation, conveyor gas fired pizza oven, pizza prep station and a range of stainless steel sink units, utility basins and fitments.
A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is of tile/commercial vinyl, walls covered with splash backs and the suspended grid ceiling incorporates LED spot lighting. There are 2 independent walk-in chill/freezer rooms and ancillary accommodation to the rear.
Location
The property is located on the corner of Stewarton Street and Young Street in Wishaw. Stewarton Street forms an extension to Main Street, which is the principal retailing thoroughfare for the town. The property enjoys excellent public transport connections, with regular and bus services passing along Stewarton Road, whilst Wishaw Rail Station is only a few minutes’ walk away. Nearby occupiers include William Hill, Aroma Coffee & Kitchen and Bank of Scotland.
Tenure
The lease is available by way of assignation, for the residual term of the lease, which expires in April 2043. The current rent is £14,491 per annum. The rent is subject to an open market rent review in April 2026 and at 5 yearly intervals. There is a break option in April 2026.
Premium
Offers over £60,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.
Rateable Value
According to the Scottish Assessors Association, the subjects have a Rateable Value of £13,400.
EPC
The property has an Energy Performance Certificate (EPC) rating of C (33). A copy of the EPC is available upon request.
VAT
The subjects are not elected for VAT, therefore, VAT is not payable on the rent.
What3Words
Statue.field.unions
The subjects comprise a corner ground floor hot food takeaway within a mixed-use building of masonry construction under a pitched and slate tiled roof. The building is arranged over two floors.
The takeaway is accessed via a single recessed pedestrian door which leads into the customers waiting area. Internally, the space is fitted out to a high standard in corporate branding. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation, conveyor gas fired pizza oven, pizza prep station and a range of stainless steel sink units, utility basins and fitments.
A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is of tile/commercial vinyl, walls covered with splash backs and the suspended grid ceiling incorporates LED spot lighting. There are 2 independent walk-in chill/freezer rooms and ancillary accommodation to the rear.
Location
The property is located on the corner of Stewarton Street and Young Street in Wishaw. Stewarton Street forms an extension to Main Street, which is the principal retailing thoroughfare for the town. The property enjoys excellent public transport connections, with regular and bus services passing along Stewarton Road, whilst Wishaw Rail Station is only a few minutes’ walk away. Nearby occupiers include William Hill, Aroma Coffee & Kitchen and Bank of Scotland.
Tenure
The lease is available by way of assignation, for the residual term of the lease, which expires in April 2043. The current rent is £14,491 per annum. The rent is subject to an open market rent review in April 2026 and at 5 yearly intervals. There is a break option in April 2026.
Premium
Offers over £60,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.
Rateable Value
According to the Scottish Assessors Association, the subjects have a Rateable Value of £13,400.
EPC
The property has an Energy Performance Certificate (EPC) rating of C (33). A copy of the EPC is available upon request.
VAT
The subjects are not elected for VAT, therefore, VAT is not payable on the rent.
What3Words
Statue.field.unions
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