Page 8 - Shepherd Commercial Auctions - Catalogue 04/05/2023

Lot 3 18, 20 & 22 Hamilton Road, Motherwell, ML1 1BB Town Centre Office Premises
Features
• First and Part Second Floor Accommodation
• Located within Motherwell Town Centre
• Suitable for a variety of uses subject to planning
Description
The subjects comprise the entire first floor and the rear of the second floor within a larger 3-storey building of stone construction, surmounted by a pitched roof. The subjects have excellent visibility from Hamilton Road and can be accessed via a communal entrance on the ground level.
Accommodation
Internally, the property provides cellular office accommodation on both the first floor and rear of the second floor. The first floor comprises five individual offices and staff W/C facilities.
Access to the second floor can be gained via communal close and internal stairwell. The rear of the second floor contains three cellular offices, staff W/C and kitchen facilities.
The subjects extend to approx. 146.80 sq. m. (1,580 sq. ft.)
Location
Located on the northern end of Hamilton Road in the town centre of Motherwell, the subjects are well located with direct access to the M74 motorway, connecting Motherwell to major road networks throughout Glasgow. The area is also well-served by public transportation, with Motherwell train station in close proximity and regular bus services available.
Retail operators typically occupy the ground level of the surrounding buildings, whilst the upper floors are mainly occupied by office tenants.
Planning
We understand that the property has Class 2 (Financial, professional and other services) planning consent for its existing use. The accommodation would lend itself to being suitable for a variety of uses, it will be incumbent upon any tenant to satisfy themselves in this respect
Rateable Value
The subjects are currently entered in the 2023 valuation roll at £9,100.
*Guide Price £95,000 (plus fees if applicable)
8 * Please see Buyer’s Terms for definition of guide price and auction fees
Tenure
Freehold
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT (2% plus VAT) subject to a minimum of £4,800 inc VAT(£4,000 plus VAT).