112 Quarry Street Hamilton Lanarkshire ML3 7AX

  • 112 Quarry Street<br>Hamilton<br>Lanarkshire<br>ML3 7AX

112 Quarry Street
Hamilton
Lanarkshire
ML3 7AX

Heritable Retail Investment

  • Let to Minit UK Plc t/a Timpson
  • Prime pedestrianised pitch
  • Located between 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
    48
  • Auction
    16th February 2017
  • Rent
    £19,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Heritable Retail Investment

  • Let to Minit UK Plc t/a Timpson
  • Prime pedestrianised pitch
  • Located between 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 48
  • Auction 16th February 2017
  • Rent £19,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
10 miles south-east of Glasgow, 33 miles south-west of Edinburgh
Roads
M74, M8, A72, A723
Rail
Hamilton Central, Hamilton West
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, near the entrance to New Cross Shopping Centre, on the pedestrianised Quarry Street. 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, Hamilton West
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, near the entrance to New Cross Shopping Centre, on the pedestrianised Quarry Street. Nearby occupiers include Santander, Subway, Greggs and Specsavers.

Tenure

Heritable. (Scottish equivalent to English Freehold) .

Description

The property comprises a ground floor retail unit with basement accommodation, which is currently inaccessible and is therefore not used by the tenant.

VAT

VAT is not applicable to this lot.

Viewings

Please register your interest with Mhairi Jarvis.
Tel: +44 (0)131 552 5191
Email: mhariri.jarvis@acuitus.co.uk

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 with basement accommodation, which is currently inaccessible and is therefore not used by the tenant.

VAT

VAT is not applicable to this lot.

Viewings

Please register your interest with Mhairi Jarvis.
Tel: +44 (0)131 552 5191
Email: mhariri.jarvis@acuitus.co.uk

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
Basement		 Retail
Ancillary
40.86 sq m
Not Measured
(439 sq ft)
 MINIT UK PLC
(t/a Timpson) (1)		 25 years from
17/08/1994		 £19,000 17/08/2019
Total  
40.86 sq m
(439 sq ft)
     £19,000  

(1) In April 2003 Timspon bought Minit UK which added another 200 shoe repair shops to their portfolio. The business trades from 1400 shops across country, comprising of 920 Timpson outlets. (Source: www.timpson.co.uk/about/meet-the-timpsons 16/01/2017)

Contacts

Seller's Solicitors
Frazer Coogans Solicitors 163 Main Street
Prestwick
KA9 1LB
Peter McNamara 01292 478 487peter.mcnamara@frazercoogans.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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