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Retail/Shop

Retail/Shop For Sale Hamilton

PROPERTY ID: 94429

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

0 sq.ft

Key Features

Ladbrokes single let investment
5A1 Covenant
Least expiry 27th May 2028 - Break Option not exercised
Rent - £17,000 per annum
VAT free investment

Property Details

Hamilton is located approximately 12 miles south-east of Glasgow city centre with a population of approximately 50,000 and a catchment of approximately 350,000 within a 10 mile radius. More specifically the subject property is located in the heart of Hamilton town centre and commands a prominent position on Cadzow Street at Hamilton's "Old Cross" where Cadzow Street meets Castle Street, Keith Street, Townhead Street and Quarry Street. Neighbouring occupiers include Semi-Chem, Crema and William Hill. On-street parking is provided on Cadzow Street itself whilst there are a number of pay and display car parks within the vicinity

The Subjects Comprise A Prominent Ground Floor Retail Unit Forming Part Of A Larger Three Storey Mid Terrace Retail Parade. The Subjects Are Grade B Listed, Which Will Therefore Benefit From Listed Buildings Relief When Vacant. Internally The Subjects Provide Open-plan Retail Accommodation To The Front And Rear Together With Ancillary/staff Accommodation Complete With A Wc. The Subjects Have Operated As A Ladbrokes Since December 2001 And Have Decided Not To Exercise Their Tenant Only Break Options During Their Occupation. In Recent Years Ladbrokes Have Invested In The Subjects Both Internally And Externally

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About the Agent

Graham & Sibbald-Glasgow

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Retail Unit

POA

8-10,Cadzow Street, Hamilton, ML3 6DG
Retail/Shop - Under Offer
0 sq ft
0 sqm
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