96 Quarry Street Hamilton Lanarkshire ML3 7AX

96 Quarry Street
Hamilton
Lanarkshire
ML3 7AX

Heritable Retail Investment

  • Located on a Prime Pedestrianised Pitch adjacent to Subway
  • Located between New Cross Shopping Centre and The Regent Shopping Centre
  • Nearby occupiers include Santander, Greggs and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    72
  • Auction
    30th March 2017
  • Rent
    £10,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Retail Investment

  • Located on a Prime Pedestrianised Pitch adjacent to Subway
  • Located between New Cross Shopping Centre and The Regent Shopping Centre
  • Nearby occupiers include Santander, Greggs and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 72
  • Auction 30th March 2017
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
10 miles south-east of Glasgow, 33 miles south-west of Edinburgh
Roads
M74, M8, A72, A723
Rail
Hamilton Central Railway Central, Hamilton West Railway Station
Air
Glasgow International Airport, Edinburgh Airport
Situation

Hamilton is the county town of Lanarkshire and has strong communications via the M74. The property is situated in the town centre, adjacent to the Regent Shopping Centre and New Cross Shopping Centre on the pedestrianised Quarry Street. Occupiers in the Regent and New Cross Shopping centres include Primark, Argos, Poundland, Bonmarche, Boots the Chemist and Wilkos. Other nearby occupiers include Santander, Subway, Greggs and Specsavers.

Tenure

Heritable. (Scottish equivalent to English Freehold)

Location
Miles
10 miles south-east of Glasgow, 33 miles south-west of Edinburgh
Roads
M74, M8, A72, A723
Rail
Hamilton Central Railway Central, Hamilton West Railway Station
Air
Glasgow International Airport, Edinburgh Airport
Situation

Hamilton is the county town of Lanarkshire and has strong communications via the M74. The property is situated in the town centre, adjacent to the Regent Shopping Centre and New Cross Shopping Centre on the pedestrianised Quarry Street. Occupiers in the Regent and New Cross Shopping centres include Primark, Argos, Poundland, Bonmarche, Boots the Chemist and Wilkos. Other nearby occupiers include Santander, Subway, Greggs and Specsavers.

Tenure

Heritable. (Scottish equivalent to English Freehold)

Description

The property comprises a ground floor retail unit which forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit which forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
Retail
41.90 sq m
(451 sq ft)
RITE VU LIMITED
t/a McMenamin
Opticians (1)

10 years from
03/02/2012 until
02/02/2022
£10,000
02/02/2017 (2)
Total  
41.90 sq m
(451 sq ft)
    £10,000
 

(1) McMenamin Opticians are part of the Lanarkshire Eye-health Network Scheme (LENS) (Source: www.burnbankmedicalcentre.co.uk 28/02/2017)
(2) The 2017 rent review is outstanding.

Property Documents

  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    582 KB
    View PDF
  • Site Plan
    Updated Date
    29.10.19
    File Size
    2 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
DWF LLP No. 2 Lochrin Square, 96 Fountainbridge
Edinburgh
EH3 9QA
Iain Mclean 0131 474 2320iain.mclean@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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