Offers over
£115,000
(£170.12/sq. ft)
Property for saleMain Street, Bellshill ML4
676 sq. ft
About this property
Prominent Position
Recent Lease Extension Agreed
Well Presented Double Fronted Shop
Substantially Under-Rented
The property comprises a double fronted ground floor retail unit contained within a two storey and attic building extending into a single storey rear adjunct. The upper floors are in separate residential use. The unit has glazed aluminium framed display windows incorporating two centrally positioned entry doors and is secured by an automated roller shutter.
The property is fully fitted and trading as a children's clothing boutique.
Location
Bellshill is a town in North Lanarkshire, located 10 miles southeast of Glasgow city centre with Motherwell lying 2 miles to the south and Hamilton being situated 3 miles to the southwest. The town, a former mining community, is now one of the most successful industrial locations within the wider Glasgow conurbation and is also a popular residential dormitory area due its position next to the national motorway network and public transport connections.
The property forms part of the principal retail thoroughfare within the town centre. Supporting excellent occupation levels, the street is populated primarily by long established private businesses serving the community.
Accommodation
The accommodation comprises a bright large retail area with storage and staff welfare space to the rear.
Floor Area
We have calculated the net internal floor area of the unit at 62.77 sq m (676 sq ft).
Tenancy Information
Tenant: Boutique Baby Childrenswear Ltd
Rent: £9,000 p.a.
Lease Expiry: 30 April 2031
Rent Review: 1 May 2028 and 1 May 2030
Terms: Fri – tbo - every 2 years
Price
Our client is seeking offers over £115,000 plus VAT, this price being the equivalent of the subjects current vacant possession value.
Covenant Information
Boutique Baby Childrenswear Ltd - Local Private Business
Tenure
The property is held on a heritable title (Scottish equivalent to English freehold).
Rateable Value
According to the Scottish Assessor's website () the subjects have a Rateable Value effective 1st April 2026 of £10,800.
The uniform business rate for the current year is 0.481 pence in the pound.
Energy Performance Certificate
The Energy Performance Certificate Rating is B.
Offers
In the normal Scottish form addressed to this office.
Acquisition Costs
Each party shall bear their own legal costs including any LBTT and Registration Dues.
Anti-Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
Entry
Upon completion of a formal missive under Scots Law.
The property is fully fitted and trading as a children's clothing boutique.
Location
Bellshill is a town in North Lanarkshire, located 10 miles southeast of Glasgow city centre with Motherwell lying 2 miles to the south and Hamilton being situated 3 miles to the southwest. The town, a former mining community, is now one of the most successful industrial locations within the wider Glasgow conurbation and is also a popular residential dormitory area due its position next to the national motorway network and public transport connections.
The property forms part of the principal retail thoroughfare within the town centre. Supporting excellent occupation levels, the street is populated primarily by long established private businesses serving the community.
Accommodation
The accommodation comprises a bright large retail area with storage and staff welfare space to the rear.
Floor Area
We have calculated the net internal floor area of the unit at 62.77 sq m (676 sq ft).
Tenancy Information
Tenant: Boutique Baby Childrenswear Ltd
Rent: £9,000 p.a.
Lease Expiry: 30 April 2031
Rent Review: 1 May 2028 and 1 May 2030
Terms: Fri – tbo - every 2 years
Price
Our client is seeking offers over £115,000 plus VAT, this price being the equivalent of the subjects current vacant possession value.
Covenant Information
Boutique Baby Childrenswear Ltd - Local Private Business
Tenure
The property is held on a heritable title (Scottish equivalent to English freehold).
Rateable Value
According to the Scottish Assessor's website () the subjects have a Rateable Value effective 1st April 2026 of £10,800.
The uniform business rate for the current year is 0.481 pence in the pound.
Energy Performance Certificate
The Energy Performance Certificate Rating is B.
Offers
In the normal Scottish form addressed to this office.
Acquisition Costs
Each party shall bear their own legal costs including any LBTT and Registration Dues.
Anti-Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due dilligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
Entry
Upon completion of a formal missive under Scots Law.
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