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Commercial investment property with parking

Motherwell, ML2 - Get Access

Description

SUPERSIZED TOWN CENTRE COMMERCIAL PROPERTY 441.19 sqm (4,749 sq ft) over ground and first floor with private parking for up to 8 cars. Suitable for a variety of uses. VACANT - Achievable Rent: £55,000p.a. Ground floor: 252.88 sqm (2,722 sq ft). First floor: 188.31 sqm (2,027 sq ft). Total: 441.19 sqm (4,749 sq ft). Planning permission granted for three 2-bedroom flats on the first floor and a potential convenience store on the ground floor (Ref: 25/00920/FUL, North Lanarkshire planning portal). The property is laid out as a traditional bank setting with a main trading area and offices to the rear. The first floor provides additional office spaces, a staff room, and WC facilities. Located in the heart of Wishaw town centre, with nearby occupiers including Boots, Lloyds Pharmacy, Savers, Greggs, Poundland, and Cancer Research. Main Street is Wishaw's primary shopping area, featuring a mix of national retailers and independent shops, and has undergone regeneration. Wishaw railway station provides connections to Glasgow and other major cities. The M74 motorway is also easily accessible. The property features 3 large windows fronting Main Street, a small flat roof extension to the rear, and parking facilities.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area: 4,749 sq ft (Listing)

The property is a commercial unit in Wishaw town centre. Given its size and mixed-use potential, including granted planning permission for residential conversion, the valuation has considered both commercial and residential comparables. The significant floor area and town centre location are key drivers.

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