Investment property with development potential

Situated on Brandon Street in the heart of Motherwell, this attractive development opportunity extends to approximately 1,770 sq ft (164.44 sqm), comprising 874 sq ft on the first floor and 896 sq ft within the attic. The property is well-positioned on the corner and offers excellent scope for refurbishment, reconfiguration and conversion, with potential to create four 2-bedroom apartments and one 1-bedroom apartment, subject to obtaining the necessary planning consents and building warrant approvals. There is also potential for a variety of other uses including leasing individual commercial units or a serviced accommodation model subject to obtaining the relevant permissions. With a competitive entry price and significant scope to add value through refurbishment and redevelopment, this property represents an exciting proposition for investors, developers and owner-occupiers seeking a versatile asset with multiple income and exit opportunities. Brandon Street is conveniently positioned within walking distance of Motherwell town centre, providing easy access to a wide range of amenities including high street retailers, supermarkets, cafés, restaurants, schools and colleges. The property benefits from a central location with everyday services and facilities close at hand, while Motherwell’s established transport network offers convenient access to surrounding towns and cities. The M74 and M8 motorway networks are readily accessible, providing strong regional connectivity towards Glasgow, Edinburgh and the wider Central Belt, with Motherwell railway station also serving as an important rail connection. The town is benefiting from ongoing regeneration and investment, including initiatives focused on housing delivery, infrastructure improvements and public realm enhancement.