Commercial Agency - Available Property


21-23 Main Street Coatbridge

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21-23 Main Street Coatbridge (£30000 RENTAL OFFERS OVER pa)
Coatbridge ML5 3RB

Fronting Main Street, the principal retail and commercial thoroughfare in the heart of Coatbridge town centre. The pedestrianised retail precinct of the town is nearby to the east boasting a variety of national and multiple retailers and the railway station is a short level walk to the west, Neighbouring and nearby occupiers include Airdrie Savings Bank, Dorothy Perkins, mobile phone shop, Clydesdale Bank, Re/max estate agents, St Andrews Hospice. Coatbridge is approximately 10 miles to the east of Glasgow with a residential population in excess of 40,000 and a catchment of approximately 400,000 within a 6 mile radius.
Part of the ground floor and first floor of a two storey sandstone building prominently located on Main Street
Our client has undertaken an extensive repair and refurbishment programme and the property is now presented in shell condition for the tenant to finish and fit out to their specification and requirements.
Full height and anodised display frontage with matching recessed door to L shaped principal ground floor accommodation with secondary area off. Access to the upper floor can be gained by internal stair or from an exclusive, ground floor access and separate stair.
Planning consent has been granted for a Change of Use of Ground Floor Shops to Restaurant (Class 3) and Change of Use of Upper Floor to Office – North Lanarkshire Council Ref C/08/01296/FUL. Copies are available on North Lanarkshire Councils web site or for viewing at the offices of Whyte & Barrie. A Building Warrant for the necessary works has also been granted Ref 08/023114/CALC.
The plans provide for a 60 cover restaurant with bar, kitchen, staff and customer toilets with office and toilets to the upper floor. Subject to amended consents it may be possible to incorporate the upper floor offices into a larger bar/restaurant development opportunity.
Ground Floor: 1659 sq ft/154.13 sq m gross internal
Upper floor: 1128 sq ft/104.8 sq m gross internal
These areas area on a gross internal basis for the property in shell condition prior to conversion works.
RATEABLE VALUE: £32750
Available as a whole or in part, our client is seeking a new lease on standard, commercial, full repairing and insuring terms for a negotiable duration and incorporating regular rent reviews.
RENTAL OFFERS OVER £30000 are invited for the whole exclusive of VAT and local rates. Alternatively, RENTAL OFFERS OVER £25000 are invited for the ground floor only exclusive of VAT and local rates.
Any rental of the upper floor only is subject to further negotiation.
Subject to satisfactory references and covenant, the landlord is prepared to negotiate initially acceptable lease terms to reflect the need for the tenant to finish and fit out the property.
In the first instance all offers should be submitted to Mr Cameron or Mr Turner of this office.
STRICTLY by appointment through ourselves as agents.


Type : Shop
Square Metres : 258.93
Ref : R293

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