Prominent double-fronted retail unit in Burnbank, Hamilton. 1,415 sq ft, dual frontage, sub-division potential, £16k pa.

 

Summary

  • Prominent roadside position
  • Double fronted retail unit
  • Net area 131.47 sq m (1,415 sq ft)
  • 100% rates relief, subject to occupiers status
  • Offers Over £16,000 pa

Accommodation

The accommodation comprises the following areas:

NameFloor/UnitDescriptionBuilding TypeSizesq ftsq mTenureRentRent (sq ft)PriceRates PayableRates Payable (sq ft)Service chargeService Charge (sq ft)Estate chargeEstate Charge (sq ft)Total /sq ftEPCMonthly RentMonthly Service ChargeTotal monthTotal yearAvailability
Ground Ground - Retail 1,415 sq ft 1,415 131.46 To Let - - - On Application On Application On Application On Application On Application On Application - - - - - - Available
Total1,415131.460
227 Glasgow Road - Street View

Location

227 Glasgow Road is situated in the busy Burnbank area of Hamilton, close to the junction with Purdie Street. The unit forms part of a popular retail parade with nearby occupiers including hair and beauty salons, convenience stores and hot food outlets.

The property benefits from a separate pedestrian access onto Stewart Street, giving excellent visibility on two sides.

Hamilton is a thriving South Lanarkshire town with a population of over 55,000. It enjoys strong transport links, lying just off Junction 3 of the M74 and around 12 miles south-east of Glasgow, with easy connections to East Kilbride, Motherwell and Bothwell. Hamilton train station is
also within walking distance.

Get directions from Google Maps

Further Information

Rent £16,000 per annum

Rates Payable Upon Enquiry


Description

A secure, double-fronted retail unit occupying the ground floor of a traditional mid-terraced tenement building.

Previously trading as a hair and beauty salon, with a separate Stewart Street entrance formerly housing a prom dress shop,
the property benefits from dual frontage and excellent visibility.

Internally, the accommodation provides a large open-plan sales area with various treatment rooms, storage space, staff facilities, and rear access. The layout offers flexibility for a variety of retail or commercial uses, and the unit may be suitable for subdivision into two independent premises,
subject to requirements.

To the rear, the property benefits from a shared yard area and rear access, providing convenient access for deliveries and servicing.

Please see indicative floor plan demonstrating the layout.

Viewings

Jacqueline Towie Assoc RICS
01698 284939
Jacqueline.Towie@dmhall.co.uk

Terms

Rental offers of £16,000 per annum are sought for a new Full Repairing and Insuring (FRI) lease, on terms to be agreed.

There is potential for an incoming tenant to sub-divide the premises, subject to obtaining any necessary consents.

NON-DOMESTIC RATES

According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £10,500.

It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 100% rates relief.

ANTI-MONEY LAUNDERING

Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, DM Hall is legally required to carry out due diligence on all parties involved in a transaction.

Once an offer has been accepted, prospective purchasers, vendors, tenants, or landlords will be required, at a minimum, to provide proof of identity and residence, as well as proof of funds, before the transaction or lease can proceed.