SOLD

TypeLeisure Development Land · Hotel Development Land · Retail Development Land · Development - Residential

ML3 Former Baird's Department Store, 1-5 Duke Street, Hamilton

TenureFor sale

Former Baird's Department Store, 1-5 Duke Street, Hamilton, ML3 1/13

Specification

Building size
Building size 22,869 sqft
Property type
Property type Leisure Development Land · Hotel Development Land · Retail Development Land · Development - Residential
Tenure
Tenure For sale

Description

Comprises a three storey former department store building on a Long Leasehold for a term of 99 years expiring on 9 January 2099 (76 years unexpired) at a rent of £1 per annum.

2023 Rateable Value - £76,000.

The property is not listed nor situated within a conservation area.

Planning permission was granted in July 2018 (planning application number P/18/0287) for the change of use of the existing retail unit (Class 1) to a Public House (Sui Generis), Restaurant (Class 3) and Hotel (Class 7). Further details can be found on South Lanarkshire Councillls website using the following link: https://publicaccess.southlanarkshire.gov.uk/online-applications/applicationDetails.do?keyVal=ZZZV4VOPJV274&activeTab=summary

To see further available JD Wetherspoon Public Houses across England, Scotland and Wales please visit: jdwdisposals.co.uk

Location

Hamilton is a large town in South Lanarkshire which is situated approximately 10 miles south east of Glasgow and 37 miles south west of Edinburgh. The area is well supported by public transport with Hamilton Central and Hamilton West train stations providing regular services into Glasgow.

Bairddds occupies a prominent corner position off Duke Street (A704) and Quarry Street with Hamilton Central 180 metres to the south west. The surrounding area is predominantly commercial with nearby occupiers including Costa, Greggs, Boots and New Look. The property is situated between the New Cross Shopping Centre and Regent Shopping Centre.

Amenities

Long Leasehold to 2099

Busy location

Prominent corner position

Fronting Duke and Quarry Street

Opportunity for a large hospitality business

Significant development potential (STP)

Near Hamilton Central station

Near M74

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