3 MAIN STREET, SHOTTS, ML7 5EE
Type
mixed use
Department
Commercial
Occupancy
Vacant
Attractive Commercial Opportunity
- PRIME NEW LISTING. We are excited to present this vacant commercial unit positioned within a prime central location in Shotts.
- Anticipated rent £500–£600 pcm (£6,000–£7,200 pa), subject to tenancy & due diligence; Rateable Value £8,400 with 100% rates relief, subject to eligibility.
- The property requires full renovation, creating an exciting opportunity for investors or owner-occupiers to add value and tailor the space to their needs.
- Once upgraded, it could suit a range of uses such as a barber shop, tanning salon or retail unit, subject to securing all necessary consents and approvals.
- The unit enjoys strong visibility with passing footfall and traffic, and it is conveniently located around 2 minutes from Shotts Train Station.
More Details
- PRIME NEW LISTING. We are excited to present this vacant commercial unit positioned within a prime central location in Shotts.
- Anticipated rent £500–£600 pcm (£6,000–£7,200 pa), subject to tenancy & due diligence; Rateable Value £8,400 with 100% rates relief, subject to eligibility.
- The property requires full renovation, creating an exciting opportunity for investors or owner-occupiers to add value and tailor the space to their needs.
- Once upgraded, it could suit a range of uses such as a barber shop, tanning salon or retail unit, subject to securing all necessary consents and approvals.
- The unit enjoys strong visibility with passing footfall and traffic, and it is conveniently located around 2 minutes from Shotts Train Station.
PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Shotts.
The property presents itself as a genuine blank canvas, ready for an investor or developer to bring it back to life and maximise its potential in a prominent town centre position.
Based on current market levels, the unit is anticipated to achieve in the region of £500 to £600 per month, which equates to approximately £6,000 to £7,200 per annum, subject to tenancy and due diligence. With the property offered with vacant possession, this opportunity is well-suited to both buy-to-let investors seeking to secure a new tenant, and owner-occupiers looking for an affordable premises in a convenient and established trading location.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control of the asset.
The property requires full renovation, and it is sure to appeal to shrewd investors looking for a commercial refurbishment project or business owners wanting a well-located unit where they can put their own stamp on the finish and layout.
Once renovated, the property would lend itself to multiple uses such as a barber shop, tanning salon or shop, subject to securing the necessary planning and licensing consents. There is significant scope to add value through improvement works and a well-considered end use.
The property is situated in a prime location, benefiting from notable daily footfall and vehicle traffic, and it is positioned approximately 2 minutes from Shotts train station, supporting accessibility for customers and staff alike.
The property is being offered at a fantastic discount to ensure a sale, and it should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The Rateable Value is £8,400, and it therefore qualifies for 100% business rates relief under the Small Business Bonus Scheme, subject to eligibility.
The floor area is to be confirmed, with further details awaited from the title documentation.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Shotts is a well-connected Lanarkshire town serving a broad local catchment, making it a practical base for independent retailers, personal services and convenience-led operators. The town centre supports steady passing trade from established residential neighbourhoods, with a mix of local shops and everyday amenities that help generate consistent activity throughout the day. Shotts Train Station provides regular rail links, improving accessibility for staff and customers and supporting commuter movement through the area. Road connections to surrounding towns are straightforward, aiding deliveries and regional servicing. For investors and occupiers alike, demand is underpinned by local service-based businesses seeking affordable premises in visible, central positions.
All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.
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