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5 Main Street, Wishaw, ML2 7AF

  • Retail
  • 1,226 sq ft
  • For Sale
5 Main Street, Wishaw, Retail For Sale - PHOTO20240529131056.jpg
5 Main Street, Wishaw, Retail For Sale - PHOTO20240529124426 6.jpg
5 Main Street, Wishaw, Retail For Sale - PHOTO20240529124426 9.jpg
5 Main Street, Wishaw, Retail For Sale - PHOTO20240529124426 8.jpg
Property Type Retail
Tenure For Sale
Size 1,226 sq ft
Price Offers in excess of £256,000 A purchase at this level reflects a NIY of 10.5% after purchasers' costs.
Energy Performance Rating Upon enquiry

Bookmaker investment opportunity located on prime section of Wishaw Main Street.

Key Features

  • Tenant has been in occupation since 2013
  • Recently renewed for 5 years
  • Expiry in August 2029
  • Situated next to Boots, VPZ, Lloyds Pharmacy, Bank of Scotland, Savers, Greggs and Poundland
  • Passing rent of £27,500 per annum = £23.01 Zone A
  • Offers over £256,000 = NIY 10.5%
  • No VAT payable

Description

Double fronted ground floor retail premises.

2 x large display windows with central customer entrance.

Internally the subjects are fitted out to a high standard with main open-plan front area.

Customer WC’s together with staff WC’s and tea prep are provided.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground - Floor 1,226 113.90 Available
Total 1,226 113.90

Location

Wishaw is situated within the North Lanarkshire Local Authority Region approximately 15 miles east of Glasgow and 3 miles east of Motherwell with a population of approximately 30,000.

The subjects are situated in the heart of Wishaw town centre on the south side of Main Street by its intersection with Caledonia Road, Kirk Road and Stewarton Street.

Regular bus services operate on Main Street whilst Wishaw Railway Station is a 10-minute walk south-west.
On-street parking is provided.

Neighbouring occupiers include Boots, VPZ, Lloyds Pharmacy, Bank of Scotland, Savers, Greggs, Poundland, Cancer Research and Chest Heart & Stroke Scotland.