TO LET / MAY SELL
74-76 Graham Street
Airdrie
ML6 6DB

Retail Unit For Sale / To Let

Ground Floor: 3,406 sq ft
Rent: Offers over £42,500 pa
Location

Airdrie is a town of approximately 36,000 people situated some 12 miles east of Glasgow and draws extensively from the wider North Lanarkshire population of approximately 321,000 people. The premises occupy an excellent location linking prime Graham Street with Gartlea Retail Park. The town’s major health centre development, directly adjacent, is now well established and generates an estimated 4,500 customers daily. The ground floor of that development is anchored by Home Bargains. Other nearby retailers include Poundland, Card Factory, Greggs, WH Smith, Boots and Iceland.

Accommodation

The premises comprise a retail unit, configured over ground and first floor levels, extending to the following approximate net internal areas:
Ground Floor: 3,406 sq ft / 316.4 sqm
First Floor: 1,396 sq ft / 129.7 sqm
Total:  4,802 sq ft / 446.1 sqm

Lease

The subjects are offered on a new Full Repairing and Insuring lease of negotiable length.

Rent / Heritable Interest

Rental offers in excess of £42,500 pa exclusive are invited. Offers in excess of £425,000 exclusive are sought in respect of the heritable interest in the property.  All figures are exclusive of VAT.

Rates

Rateable Value: £26,000
UBR (2023/24):   £0.498
Rates Payable:   £12,948 pa

Planning / EPC / Service Charge

The premises benefit from having Class 1A (Retail) consent. An EPC Report available on request. The current on account service charge is £4,065 pa exclusive.

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.  For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Anti-Money Laundering Regulations

In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.

TO LET / MAY SELL

74-76 Graham Street
Airdrie
ML6 6DB
Viewing strictly by appointment with ORINSEN or our joint agents Reith Lambert

Tom Forster
T. 0131 374 1111
M. 07919 920 126
E. tforster@orinsen.com

Andy Bain
T. 0131 374 1111
M. 07770 524 977
E. abain@orinsen.com

Important Notice

ORINSEN, their clients and any joint agents give notice that:

They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.  They assume no responsibility for any statement that may be made in these particulars.  These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

Any areas, measurements or distances are approximate.  The text, photographs and plans are for guidance only and are not necessarily comprehensive.  It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.

Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Published 30.09.20

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