Britton Property.
To Let/May Sell
5 Bank Street, Airdrie ML6 0AA
Prime Retail Unit
Established Retail Location
Rent: On application / Price: On application
Ground Floor 685 sq ft / Basement 574 sq ft
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
Airdrie is a principal town in North Lanarkshire with an approximate population of 37,000. It lies 12 miles east of Glasgow and benefits from good road and rail links to Glasgow, Edinburgh and the South.
The subjects are located on the west side of Bank Street in the retailing heart of Airdrie with Graham Street immediately to the south. Neighbouring retailers include; Betfred, Baynes, Boots and British Heart Foundation.
The premises comprise the ground and basement floors of a 2 storey building with offices located on 1st floor.
The premises extend to the following approximate areas:
Ground Floor: 665 sq ft / 61.78 sqm
Basement: 574 sq ft / 53.32 sqm
On application.
Currently the premises are listed as ‘under construction’ and therefore no rates are payable.
The subjects are available on a new FRI lease.
On application.
Rateable Value: £9,000
UBR (2020/21): £0.498 R
ates Payable: £4,482 pa
The RV is below the £12,000 threshold therefore for ratepayers with only one non-domestic property there is 100% relief ie no rates are payable
The subjects currently benefit from Class 1A consent and can therefore be used for retail, office use.
On application
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.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.