74 / 76 Quarry Street Hamilton Lanarkshire ML3 7AU

74 / 76 Quarry Street
Hamilton
Lanarkshire
ML3 7AU

Heritable Retail Investment

  • Let to Thomas Cook Travel Limited (2)
  • Located on a Pedestrianised Pitch.
  • Located within close proximity of the New Cross Shopping Centre and The Regent Shopping Centre
  • Nearby occupiers include Santander, Subway, Greggs and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    84
  • Auction
    30th March 2017
  • Rent
    £29,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £150,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager
  • Expand
  • Photos
  • Map

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

Heritable Retail Investment

  • Let to Thomas Cook Travel Limited (2)
  • Located on a Pedestrianised Pitch.
  • Located within close proximity of the New Cross Shopping Centre and The Regent Shopping Centre
  • Nearby occupiers include Santander, Subway, Greggs and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 84
  • Auction 30th March 2017
  • Rent
  • Status Sold
  • Price £150,000
  • 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 Station, 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, within walking distance to both the Regent Shopping Centre and Newcross Shopping centre on the pedestrianised Quarry Street. The shopping centres house occupiers including Primark, Boots the Chemist, WH Smith, Argos and Wilko. 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 Station, 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, within walking distance to both the Regent Shopping Centre and Newcross Shopping centre on the pedestrianised Quarry Street. The shopping centres house occupiers including Primark, Boots the Chemist, WH Smith, Argos and Wilko. 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 not 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 not 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 Reversion
Ground
Retail
76.46 sq m
(823 sq ft)
THOMAS COOK
TRAVEL LIMITED
(1) (2)

13 years from
27/10/2006
£29,000
26/10/2019
Total  
76.46 sq m
(823 sq ft)
    £29,000
 

(1) For the year ending 30th September 2016, Thomas Cook Travel Limited reported a turnover of £8,000,000, pre-tax profits of £7,999,000 and a total net worth of £50,547,000 (Experian Group 28/02/2017). Thomas Cook Travel Limited is a subsidiary of Thomas Cook Group Plc. Thomas Cook Group Plc is one of the world's leading leisure travel groups, with sales of over £8.5 billion and more than 22 million customers. The group is supported by approximately 22,000 employees and operates from 15 countries (www.thomascookgroup.com 28/02/2017)
(2) The tenant is currently not in occupation.

Property Documents

  • Catalogue Page
    Updated Date
    08.03.17
    File Size
    637 KB
    View PDF
  • Site Plan
    Updated Date
    08.03.17
    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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now